Trump's Tariffs: Rising Rates and Global Impact
TL;DR Summary
The US plans to maintain a baseline tariff of 10% on many smaller countries, despite recent suggestions it could increase tariffs to 15% or 20%, signaling a potential easing of market fears and ongoing trade negotiations with major economies.
- U.S. still looking at 10% baseline tariff, not higher, Lutnick says Axios
- Trump says he will set tariffs for 150 small countries in one swoop Politico
- Trump thinks the US holds all the cards on trade. He is misguided. politico.eu
- Tariffs are a tax. Are you already paying it? NPR
- It’s No Bluff: The Tariff Rate Is Soaring Under Trump The New York Times
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