Reported about 24 hours ago
In a recent analysis, former Deputy Assistant Kelly Ann Shaw discussed President Trump's dual objectives with his proposed tariffs. The primary goal is to create a level playing field in international trade, as other countries impose higher tariffs and barriers compared to the U.S. The secondary aim is to address the long-standing trade deficit which adversely affects U.S. GDP growth. The tariffs, which may range from 10 to 25%, are seen as part of a strategy to balance trade relations and encourage negotiations with trading partners.
Source: YAHOO