Reported 2 days ago
Aides to President-elect Donald Trump are exploring a tariff plan that would apply universally but focus on critical imports. This plan could significantly modify the broader tariffs initially proposed during Trump's campaign, potentially impacting consumer prices and global trade patterns. Key sectors under consideration include defense materials, critical medical supplies, and energy resources. As companies respond by adjusting their supply chains, uncertainty around these tariff plans has created tension in the global market ahead of Trump’s inauguration.
Source: YAHOO