Reported 2 days ago
President-elect Donald Trump plans to introduce new tariffs on major trading partners—25% on goods from Mexico and Canada, and 10% on Chinese imports. He claims these will aid in tackling illegal immigration and drug trafficking. In a discussion on Capitol Gains, experts noted that the strategy seeks to leverage economic pressure on the top sources of U.S. imports, while many voters remain largely unaware of the impact tariffs have on consumer prices.
Source: YAHOO