Reported about 24 hours ago
President Trump has revealed a sweeping set of import tariffs, significantly increasing taxes on goods from multiple countries, marking the largest tax hike on Americans since the 1940s. Among these measures, a new universal 10% tariff and reciprocal tariffs that could push rates on some imports from China to 34% and from Europe to 20% have raised concerns about increased consumer costs and potential economic recession. Economists now predict a possible stall in US growth, as the extensive tariff changes are expected to affect both domestic pricing and international trade relationships.
Source: YAHOO