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Reciprocal Tariffs News - Latest Updates & Headlines

Trump's 'reciprocal' tariffs on South Korea, other countries, take effect

Washington, April 9: The United States' reciprocal tariffs, including 25 per cent duties for South Korea, went into effect on Wednesday, as America's trading partners are seeking to negotiate a deal to reduce tariff rates and minimise the potential impact of President Donald Trump's trade policy on their economies.