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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 ...
During her presidential campaign, Vice President Kamala Harris said Trump's proposed tariffs would "raise prices on middle-class families by almost $4,000 a year" although different studies put ...
Trump has described tariffs on China as money that China pays “directly” to the “U.S. Treasury,” and assured voters during his campaign that tariffs are a “tax on another country,” not ...
President-elect Trump's plan to increase tariffs on goods from China and impose them on products from Mexico and Canada would drive inflation up by nearly 1%, Goldman Sachs estimates.
President-elect Trump’s proposed 25% tariff on Canada and Mexico imports ... According to the Tax Foundation, the Trump administration imposed some "$80 billion worth of new taxes on Americans ...
Trump proposed a 35% tariff on "every car, every truck and every part manufactured in Ford's Mexico plant that comes across the border". [185] Tariffs at that level would be far higher than the international norms (which are around 2.67% for the U.S. and most other advanced economies and under 10% for most developing countries). [186]
Vice President Kamala Harris called former President Donald Trump's tariff proposals "a sales tax on the American people," in an interview with MSNBC’s Stephanie Ruhle.
On the campaign trail, Trump proposed ramping up tariffs to 60% on China and imposing tariffs of up to 20% on all $3 trillion of US imports. Since winning election, Trump has vowed to slap ...