How will Donald Trump's import tariffs impact the US economy?
21 Nov '24
10 min read
How will Donald Trump's import tariffs impact the US economy?
Insights
Even though US is imposing higher tariffs on Chinese imports, the latter continues to dominate the retail chains in the US.
With Donald Trump promising heavy tariffs on major imports – a blanket tariff of **%** and a **%** tariff on imports from China, it is bound to have significant impact on US retail stores dependent on imports to fill their inventory.
Even though US is imposing higher tariffs on Chinese imports, the latter continues to dominate the retail chains in the US.
With Donald Trump promising heavy tariffs on major imports – a blanket tariff of ** per cent and a ** per cent tariff on imports from China, it is bound to have significant impact on US retail stores dependent on imports to fill their inventory.
Get Free Weekly Market Insights Newsletter
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!