Upon being elected president in 2016, Trump sought to address this through tariffs. A special tax on imports, tariffs serve a dual purpose. Aside from raising government revenue, they are intended ...
This isn’t speculation or theory, it’s just the way tariffs work — and we have the last six years of global trade to prove it. In 2018, during his first term, Trump imposed tariffs of 30% to ...
HONG KONG, Nov 6 (Reuters) - A threat by Donald Trump, who has been elected as the next U.S. president, to impose 60% tariffs on U.S. imports of Chinese goods poses major growth risks for the ...
For Donald Trump, that includes hefty new tariffs. While the exact numbers have varied across the former President’s “weave”-coded speeches, it’s likely that a re-elected Trump would place a 10-20 ...
With former President Donald Trump floating higher and more far-reaching tariffs if he’s elected to a new term, small businesses that sell everything from bikes to beer are nervous about another ...
Much depends on whom he appoints as deputies and cabinet members, including the role of Tesla CEO Elon Musk, and what tariffs he enacts. Following are some major issues and sectors to watch ...
WASHINGTON – Former President Donald Trump vowed to immediately impose 25% tariffs on all goods from Mexico as punishment if the country doesn’t help curb the flow of immigration into the U.S ...
The chief economist of the International Monetary Fund (IMF) recently delivered a stern warning about the consequences that tariff increases could have on global economic growth. "It's a policy ...
One commenter passionately argued for higher tariffs to "protect American jobs and make foreign companies pay their fair share." At face value, this popular sentiment makes sense. It seems ...
One of Donald Trump's most remarkable accomplishments in office was how he reoriented the political landscape around trade and tariffs, ushering in a new era of higher duties that have persisted ...