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Harris has criticized Trump’s tariff plans, calling them a “sales tax on the American people” in an interview with MSNBC, and claiming they would increase household costs by $4,000 a year.
Trump, by contrast, is promising a new wave in the ballpark of 10 times the level of tariffs he put in place in his first term, experts said, with a plan that includes across-the-board tariffs of ...
Trump is unlikely to back away from his plans, based on a recent appearance at the Economic Club of New York. The former president doubled down on his tariff ideas in that speech, even in the face ...
The second Trump tariffs are trade initiatives announced by Donald Trump during his second administration as President of the United States. Trump has long promoted import tariffs as a method of negotiating deals and retaliating against countries he believes are "ripping off" the United States.
Trump also plans a universal tariff of 10% or so on all imports, tariffs on products from the European Union, and product-specific tariffs targeting goods such as pharmaceuticals and computer chips.
The back-and-forth about tariffs even touched on chips; Harris claimed Trump sold American chips to China and Trump said she bought chips from Taiwan. Kamala Harris and Donald Trump spar over the ...
Vice President Kamala Harris. Restoring top-line tax rate to 39.6% (currently 37%); ... so it doesn’t have to pay the tariff,” Trump said in an interview in October at the Economic Club of ...
In his study, Klement found the extreme version of Trump’s tariff proposal, a 20% blanket tariff on foreign imports, plus a subsequent trade war, would reduce U.S. GDP by roughly 0.3% in the ...