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IEEPA is a path to new tariffs that Trump aides have been openly discussing for the last year and was a tool Trump also ... including 20% universal tariffs on the world and 60% or higher tariffs ...
The impact of a 10% to 20% tariff on America's trading partners floated last week by Donald Trump has raised trade issues anew on the 2024 campaign trail.
Donald Trump has proposed tariffs of 60% on Chinese imports and 10% to 20% on goods imported from all other nations. A new study found the states that would be hardest hit are Republican strongholds.
There are threats of a universal baseline tariff of 10% to 20% on everyone and everything, Gold said. There is also a China-specific tariff, which is 60% to 100%, he said.
Trump said the tariffs would be imposed due to Chinese theft of U.S. intellectual property. [126] Trump said his planned tariffs on Chinese imports would make the United States "a much stronger, much richer nation". [127] However, the steps toward imposing the tariffs led to increased concerns of a global trade war. [126]
President-elect Donald Trump has promised a major escalation of the nation’s tariffs. Trump has proposed tariffs of between 60% and 100% on Chinese goods, and a tax of between 10% and 20% on ...
As reported by the National Retail Federation (NRF), Trump has declared that he will impose a universal tariff of approximately 10% to 20% on all imports from all foreign countries, except China ...
Trump has previously proposed to levy tariffs of 10% to 20% on US trading partners with higher 60% rates on China. It's a plan that economists have been worried for months could spur inflation anew.