Reported 1 day ago
Donald Trump has initiated new tariffs based on recent trade agreements, setting rates between 10% and 20% for major partners. However, confusion surrounds the details of these agreements, especially regarding foreign investment and sector-specific tariffs. Much of the pacts are still informal, lacking finalization and clear communication, leaving importers uncertain. This uncertainty has led to varying interpretations of the agreements among countries involved, with Trump indicating a willingness to raise tariffs if he perceives dissatisfaction with the outcomes.
Source: YAHOO