Trump pushes for “mutual tariffs” to raise economic problems

Trump pushes for “mutual tariffs” to raise economic problems
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Trump once again urged a positive trade policy, threatening a new round of tariffs that could have a significant impact on the cost of U.S. imports, and he believes the U.S. should impose “mutual tariffs”, which means foreign products will be the same Tax rates Trump believes the move will protect domestic manufacturers and reduce trade deficits, and told reporters on Thursday: “In the long run, this will make our country a fortune.” Warning that these tariffs may It will increase consumer prices and make inflation under control more difficult. The U.S. is already working on sustained price increases, and additional tariffs may complicate the Fed's efforts to stabilize the economy. Steel and aluminum imports and a 10% tax on all Chinese imports. Trump also threatens to impose taxes on all imports in Canada and Mexico. He initially delayed the measures after both countries agreed to strengthen border security, but the new tariffs remain on the table.



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