WASHINGTON (AP) — In the aftermath of this week’s tariff whiplash, President Donald Trump is deciding exactly what he wants out of trade talks with as many as 75 nations in the coming weeks.
Trump is also figuring out next steps with China. He upped his tariffs on Chinese goods to 145% after China placed retaliatory taxes of 84% on imports from the U.S. While his 90-day pause on other tariffs caused the stock market to rally on Wednesday, countries still face a baseline 10% import tax instead of the higher rates announced on April 2.
Kevin Hassett, director of the White House National Economic Council, told Fox News’ “Fox and
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