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Trump just revealed his new tariff plan. Here's what you need to know [CNN]

Procter & Gamble Company (The) (PG) 
Last procter & gamble company (the) earnings: 4/17 07:00 am Check Earnings Report
Company Research Source: CNN
Tariffs on the vast majority of goods America imports are set to rise – even from the handful of countries that negotiated individual trade deals. The higher tariffs continue Trump's reversal of the decades of globalization that made America's massive services economy the envy of the world – but contributed to its long decline in manufacturing. With just a few hours to go before its self-imposed August 1 trade deadline, the White House provided key details about its new trade policy late Thursday – and, along with it, its new tariff plan. Here's what to know about the latest set of tariffs: What are the new tariffs? The White House announced Thursday that the “universal” tariff for goods coming into the United States will remain at 10%, the same level that was implemented on April 2. But that 10% rate will apply only to countries with which the US has a trade surplus – countries to which the United States exports more than it imports. That applies to most countries, a senio Show less Read more
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