Reported about 1 month ago
Former US Commerce Secretary Wilbur L. Ross stated on Yahoo Finance's podcast that Donald Trump is 'deadly serious' about introducing new tariffs on imports, particularly from China, should he win a second term. Ross emphasized that previous tariffs had significant economic implications for American households, predicting increased costs if Trump's proposals, including a potential 10% tariff on all imports and over 60% on Chinese goods, are enacted. He expressed his support for Trump's return to the presidency, noting that his administration would likely be more stable due to an experienced team.
Source: YAHOO