Reported about 11 hours ago
Wilbur Ross, former Commerce Secretary under Trump, suggests that the president is unlikely to impose broad tariffs as initially threatened. Though Trump has signaled plans for new tariffs on Mexico, Canada, and China, Ross believes the actual implementation will include exclusions for certain goods that are not produced domestically. He notes that Trump may be leveraging tariff threats for negotiation purposes, as seen with Colombia, and emphasizes that the unpredictability of the situation makes it difficult to predict Trump's actions.
Source: YAHOO