Reported 16 days ago
The upcoming inauguration of President Donald Trump is expected to significantly influence U.S. trade policies, potentially leading to tariffs of 10% or more on all imported goods. While aimed at reducing the trade deficit, critics warn that such tariffs could elevate consumer prices and trigger global economic instability. Specific impacts may vary by country; for instance, while tariffs might hit Mexico and China hard, Brazil could capitalize on increased trade with China. The shifting landscape presents challenges for logistics and sourcing, requiring businesses to adapt for greater supply chain volatility.
Source: YAHOO