Reported 1 day ago
The proposed 60% tariffs on Chinese imports by President-elect Donald Trump are under scrutiny as Chinese exports set record highs in 2024. Heidi Crebo-Rediker from the Council on Foreign Relations highlights the obsession with tariffs within Trump's administration, suggesting swift action may be taken upon assuming office. She points out differing motivations behind tariffs, from protection against trade threats to revenue generation, but warns that the implementation of such tariffs is likely to lead to a tumultuous economic journey.
Source: YAHOO