Reported 2 days ago
President Donald Trump announced plans to impose tariffs 'much bigger' than 2.5% across various sectors, aiming to protect US industries and reshape supply chains. He indicated specific tariffs on semiconductors, pharmaceuticals, and metals, suggesting they may even extend to automobiles from Canada and Mexico. While emphasizing the need to bring manufacturing jobs back to America, Trump's comments reflect a move toward a tariff-heavy economic strategy that could significantly impact global trade dynamics.
Source: YAHOO