Trump Prepares Fresh Wave of Tariffs on 60 Countries
President Donald Trump is moving quickly to impose new import duties between 10% and 12.5% on 60 nations as early as this week. The new plan will replace the temporary 10% global tariff set to expire on Friday. $GOOGL.US
Washington put those temporary rates in place after the Supreme Court struck down earlier tariffs as illegal. That court ruling has already forced the U.S. government to pay back $81 billion in refunds to importers. $MU $RKNG.ETF
Now, the administration is pushing forward with this fresh round of trade taxes to keep its trade agenda moving.
President Donald Trump is moving quickly to impose new import duties between 10% and 12.5% on 60 nations as early as this week. The new plan will replace the temporary 10% global tariff set to expire on Friday. $GOOGL.US
Washington put those temporary rates in place after the Supreme Court struck down earlier tariffs as illegal. That court ruling has already forced the U.S. government to pay back $81 billion in refunds to importers. $MU $RKNG.ETF
Now, the administration is pushing forward with this fresh round of trade taxes to keep its trade agenda moving.