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US President Donald Trump announced on Wednesday the imposition of tariffs on all countries of the world at a different rate, not less than 10 percent.
Trump decided to impose 34 percent tariffs on imports from China and 20 percent from the European Union, two of the United States' main trading partners.
Trump said a 10 percent minimum tariff would be imposed on many countries, while others would impose hefty tariffs of 24 percent for Japan and 26 percent for India.
Trump decided to impose a 31 percent tariff on his country's imports from Switzerland, the most penny.
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