‘Reciprocal Tariffs’ Are Trump’s Worst Trade Idea Yet
If the US genuinely tries to close its overall deficit with big tariffs all round, it will cause a crunching recession. If Trump discriminates between trading partners, the heavily tariffed ones can nip through the side door of those who escaped more lightly.
Reciprocal U.S. trade tariffs proposed by President Donald Trump are unlikely to have a significant negative bearing on the ...
Including VAT s in reciprocity would lead to hefty increases in tariffs. Goldman Sachs, a bank, says that if America adopted ...
President Trump detailed his proposed trade policy overhaul in an extensive Truth Social post on reciprocal tariffs targeted ...
America's trading partners keep their markets to closed to U.S. exports, White House says in ordering up plan to impose ...
Goldman Sachs also noted that non-tariff barriers, such as import licences and export subsidies, present a complex challenge.
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