The U.S.-China trade war from Trump’s first administration offers a glimpse of the effects a more protectionist trade policy might have this time around.
President-elect Trump has promised to impose 25% tariffs on all goods imported from Canada and Mexico, and tariffs as high as 60% on goods coming from China on day one of his new administration. What will these protectionist policies accomplish? Looking at research on the effects of the 2018–19 U.S.-China trade war might provide some insight. Researchers found that tariffs didn’t lower the cost of goods imported from China, and that U.S.
Last week, President-elect Donald Trump outlined a plan for sweeping new tariffs against three of America’s leading trading partners. In a post on Truth Social, his social network, hethat he was ready to sign an executive order placing 25% tariffs on all goods imported from Canada and Mexico on day one of his presidency, with an additional 10% tariff on goods from China.on other imports to the U.S. — a protectionist plan that could reshape the U.S.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump vows 25% tariffs on Mexico and Canada, additional 10% tariffs on Chinese goodsIn a post on Truth Social early Tuesday, US President-elect Donald Trump said that he would announce a 25% tariff on all products from Mexico and Canada from his first day in office and an additional 10% tariff on goods from China.
Read more »
Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffsMexican President Claudia Sheinbaum has suggested Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% tariffs on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border.
Read more »
Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffsMexican President Claudia Sheinbaum has suggested Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% tariffs on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border.
Read more »
Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffsMexican President Claudia Sheinbaum has suggested Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% tariffs on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border.
Read more »
Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffsClaudia Sheinbaum responds to Donald Trump’s renewed tariff pledge.
Read more »
Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffsPresident Claudia Sheinbaum’s bristly response suggests Trump faces a much different Mexican president than he did in his first term.
Read more »