Reported 28 days ago
U.S. Trade Representative Jamieson Greer confirmed that the latest tariffs implemented by President Trump are largely finalized, with significant increases set for imports from Canada, Brazil, and several other nations. Despite Trump's claims that these tariffs will benefit the U.S. economy, major companies like Warren Buffett's Berkshire Hathaway are experiencing declines due to the new trade policies. Additionally, recent trade negotiations with various countries, including a temporary reprieve for Mexico and new tariffs on EU goods, illustrate the ongoing complexity and impact of Trump's tariff strategy as the global economy braces for potential repercussions.
Source: YAHOO