Analyzing the Impact of U.S. Tariffs and Trump's Policies

1 min read
Source: Visual Capitalist
Analyzing the Impact of U.S. Tariffs and Trump's Policies
Photo: Visual Capitalist
TL;DR Summary

The article discusses the U.S. government's increase in tariffs under the Trump administration, applying rates from 10% to 50% on over 80 countries, with Brazil and India facing the highest at 50%. Despite trade surpluses with some nations, high tariffs are used as leverage, notably against Brazil and India, while major deficit countries like Vietnam, Taiwan, and Japan face moderate tariffs. The tariffs aim to address trade deficits and national security concerns, impacting North American neighbors Canada and Mexico as well.

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