Understanding Trump's Tariff Policy: The Myth of TACO

Reported 2 days ago

Opinion columnist Rick Newman discusses the implications of President Trump's unpredictable trade policies, humorously critiquing the acronym TACO (Trump Always Chickens Out). Despite fluctuations in his tariff threats, Trump has consistently increased import taxes, leading to significant economic impacts. Although he may sometimes retreat from extreme threats, analysts expect an average tariff rate of 15% to 20%, ultimately resulting in higher prices for American consumers and businesses.

Source: YAHOO

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