Suppose, for example, that the U.S. government levied a new 10% tariff on cars imported from Japan. The tariff would push the price of a $50,000 Japanese vehicle to $55,000. So because the ...
President Donald Trump has been talking about tariffs for so long that it feels like we know exactly what’s coming. But we kind of have no idea.
As an example, the tariffs levied in Trump's first term "were ostensibly to punish China for what the U.S. said were longstanding intellectual property theft and unfair trade practices," said The ...