Understanding Trump's Tariff Strategy

Reported about 7 hours ago

Despite the negative economic impacts tariffs generally have, Donald Trump continues to find support for his tariff plans, with many American voters seemingly indifferent to the potential raise in consumer costs. Trump's approach capitalizes on the general confusion about tariffs among the public and leverages past tactics of threatening larger tariffs to gain negotiation leverage without imposing significant penalties on consumers initially. With impending new tariffs on imports from top trading partners like Mexico and China, questions remain about their true economic effects and their role in Trump's broader political strategy.

Source: YAHOO

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