Reported about 1 month ago
Former President Donald Trump detailed his tariff proposals at the Economic Club of New York, arguing for economic nationalism and the importance of high tariffs on imports, particularly from China. He hinted at potentially raising tariff rates close to or above 60%, claiming these measures would combat inflation rather than cause it, despite concerns about their potential economic impact. Trump also introduced various other economic initiatives, including reducing corporate tax rates and cutting government red tape.
Source: YAHOO