Reported about 1 month ago
Donald Trump's recent tariff announcements, which he claims could reach as high as 2000%, might not just be for show; they could be crucial in funding his ambitious second-term plans. Economic experts highlight that these significant tariffs could generate substantial revenue, offsetting his estimated $10 trillion in campaign promises. While the proposals come with potential economic risks, including higher consumer prices and possible recession, Trump insists that his plans will have a positive effect on the economy.
Source: YAHOO