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Trump tariffs lurk as a dark cloud over retailers in 2025. During his presidential campaign, Trump pitched several ways to up tariffs on other countries. Those included a 10% to 20% tariff on all ...
The non-partisan Tax Foundation estimated Trump's most extreme tariff proposals - a 20% universal tariff plus a 60% tariff on China's exports to the U.S. would raise about $3.8 trillion over the ...
President Donald Trump at a news conference in the Roosevelt Room of the White House on Jan. 21, 2025, in Washington D.C. (Andrew Harnik—Getty Images)
As a candidate, Trump proposed sweeping and across-the-board tariffs: up to 20% on imports from all countries, with a 25% tax on goods from Mexico and Canada, plus a 60% tariff on goods from China ...
Further, Trump has also mentioned an additional 10% tariff upon any additional tariffs on imports from China (he has already promised a 60% tariff on China, per Reuters).
Gradually increasing tariffs by 2% to 5% a month (Bloomberg, Jan. 13, 2025) Implementing additional 25% tariffs on imports from Mexico and Canada and an extra 10% on goods from China (Truth Social ...
Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on imports from Canada and Mexico until they clamped down on drugs, particularly fentanyl, and migrants crossing the ...
News. Shopping. Main Menu. News. News. Entertainment. ... Trump's tariffs of 25% on $370 billion of Chinese imports helped reduce the U.S. trade deficit with China from $418 billion in 2018 to ...