Reported 2 days ago
As President Trump's self-imposed deadline for announcing new tariffs approaches, uncertainty remains high regarding the specifics of what he will implement. Despite a whirlwind of speculation, including potential blanket 20% tariffs and varying treatment of different countries, Trump's decisions ultimately rest solely with him. Economic forecasts have been adjusted downward due to the anticipated increase in tariffs, with concerns about rising inflation and market instability heightening. Observers believe the forthcoming announcements may not provide the clarity businesses are seeking, with ongoing negotiations and adjustments likely to follow.
Source: YAHOO