Trump's proposed import tariffs may be reduced due to economic risks
Friday 8 November 2024 · 2 outlets · 2 reports · updated In this story Donald Trump, Republican Party
Incoming US president Donald Trump has proposed tariffs of 10-20 per cent on most foreign goods and 60 per cent on Chinese imports. An investment director suggests these high rates are unlikely to be implemented as they could damage the US economy. Farmers and exporters await more clarity following the January 20 inauguration.