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The cornerstone of the campaign plan was a universal 10% to 20% tariff on all imports, with an additional 10% levy on Chinese goods. He also suggested imposing a 25% tariff on imports from Canada ...
And during his campaign, Trump repeatedly said he plans to impose an across-the-board tariff of either 10% or 20% on every import coming into the US, as well as a tariff upward of 60% on all ...
House Republicans are unveiling a new bill to clear a path for President Donald Trump to enact his sweeping tariff plans. First-term Rep. Riley Moore, R-W.Va., is reintroducing the U.S. Reciprocal ...
The legal basis cited in Trump's tariff order is Section 232 of the Trade Expansion Act of 1962 which under certain circumstances allows the president to impose tariffs based on the recommendation from the U.S. Secretary of Commerce if "an article is being imported into the United States in such quantities or under such circumstances as to ...
In 2018, during his first term, Trump imposed tariffs of 30% to 50% on goods imported from China, forcing Beijing to retaliate with its own tariffs against US goods like aluminum, airplanes, cars ...
Former President Trump is going all in on the idea of tariffs as a way of lifting the U.S. economy, bucking criticism from think tanks, labor and big business alike. Trump’s plans include a ...
A set of new tariffs proposed by former President Donald Trump would cost the average American family an estimated $1,700 annually—and lower-income households would be hit relatively harder, a ...
Economists say that Trump's tariff plans, likely his most consequential economic policy, would push U.S. import duty rates back up to 1930s-era levels, stoke inflation, collapse U.S.-China trade ...