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Originally Posted by Parallex
This is confusing... so did he pause the tariffs or just reduce them to 10%? and it was just on the "reciprocal tariffs" which weren't on Canada/Mexico... but now are? But the previous (auto, steel, fentynol excuse ones) are the same? Do these have all the non-USMCA compliant wordings?
So what precisely is he "pausing"?
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It appears he's pausing the portion of tariffs above 10% on those countries that were part of the "Liberation Day" announcement, except for China. So take the French islands of St. Pierre and Miquelon off the coast of Newfoundland for instance, instead of being subject to 50% tariffs, they'll be subject to 10%... the 40% is paused.
Today was not a shining moment in the history of headline writers.