Reported 13 days ago
This week, Donald Trump amplified his trade protectionist rhetoric, proposing up to 200% tariffs on autos from Mexico and threatening specific companies if they relocate manufacturing abroad. In a speech, he elaborated on his tariff plans and promised to take jobs and factories from other countries by implementing these levies, while also proposing a corporate tax cut to attract foreign manufacturing back to the U.S. His strategies have received criticism from economists, warning of potential recession and inflation.
Source: YAHOO