Reported 21 days ago
Former President Donald Trump's latest round of high tariffs aims to stimulate U.S. economic growth by reinstating jobs, despite concerns from economists about potential inflation and negative impacts on global markets. Trump prioritizes direct communication over traditional trade negotiations, sending form letters to affected countries with varied tariff rates while predicting significant revenues. Observers are skeptical of the effectiveness of his approach and highlight the uncertainty surrounding its long-term economic effects.
Source: YAHOO