Will Trump Tariffs Raise Consumer Prices?
November 8, 2024
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0:39Now PlayingWill Trump Tariffs Raise Consumer Prices?
YouTube Description
as posted by the channelPresident-elect Donald #Trump has vowed to impose massive new #tariffs upon entering office on Jan. 20, calling them “the greatest thing ever invented.” And unlike some of his other campaign promises, he’s been consistent, repeatedly suggesting he’ll impose a 10% to 20% tariff on all foreign goods and a tariff of 60% or higher on products coming from #China #politics #worldnews
The big question facing those that stand to be affected by Trump’s plans is just how he’ll go about rolling out the new tariffs — and how fast. Here are some of his options, as well as the potential roadblocks and consequences and how countries, industries and companies might respond:
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