Trump's new tariff comes into effect at lower than expected rate

"I think it simply adds to the chaos and mess."

— Carsten Brzeski , Academic

"The fact that we're at 10% rather than 20% is better than it was, but will it stay that way?"

— Fraser Smeaton , Executive

"Good news that it's come in lower; bad news that it keeps changing."

— Daniel Graham , Executive

"I think it simply adds to the chaos and mess."

— Carsten Brzeski , Academic

"The issue would be fought in the courts 'for the next five years.'"

— Donald Trump , Politician

"The fact that we're at 10% rather than 20% is better than it was, but will it stay that way?"

— Fraser Smeaton , Executive

"Good news that it's come in lower; bad news that it keeps changing."

— Daniel Graham , Executive

"I do not need to consult Congress before erecting new trade levies."

— Donald Trump , Politician

"While a new 10% tariff rate, instead of the threatened 15%, will provide some relief it shows how difficult it is for businesses to plan ahead."

— William Bain , Executive

"They both reassured me that they stand by the deal with the European Union."

— Maroš Šefčovič , Politician

""We want them to understand these deals are going to be good deals... We expect our partners to stand by them.""

— Jamieson Greer , Executive