CNN —
President Donald Trump has promised to impose dollar-for-dollar reciprocal tariffs on countries he believes treat the United States unfairly in trade, whether through high tariffs or non-tariff barriers. He has said his new tariffs will create jobs and boost domestic manufacturing.
Imposing higher tariffs on other nations, however, is likely to make many consumer goods more expensive at a time when many Americans’ fears of a pending recession are growing.
With promises of lowering national debt and rebalancing global trade, Trump has already enacted sweeping tariffs against major trade partners and key
→ Continue reading at CNN - Business News
