Reported 22 days ago
As the 2024 election approaches, tariffs are expected to remain high regardless of whether Vice President Kamala Harris or former President Donald Trump wins. Harris is likely to maintain the elevated tariff levels established during Trump’s presidency, focusing on strategic sectors. Conversely, Trump may introduce unprecedented tariffs, potentially reaching 60% on imports from China. Experts predict that this could profoundly affect the U.S. economy and consumers, steering discussions around trade politics as a critical factor influencing the election outcome.
Source: YAHOO