Reported about 18 hours ago
Donald Trump, during his presidency, has followed through on his campaign promises regarding tariffs, shocking Wall Street with a significant increase in tariffs on Chinese goods to 54% and 25% on foreign-made cars. Despite previous skepticism from investors who viewed his tariff pledges as mere negotiation tactics, it is now clear that Trump's policies are set to disrupt global trade, raising tariffs to the highest levels seen in over a century, starting April 5, 2025.
Source: YAHOO