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SoapZone Community: Politics Message Board

Subject:

Not the first instance I've heard of companies buying to beat the tariffs.

From: Justathot Find all posts by Justathot Send private message to Justathot
Date: Thu, 07-Nov-2024 9:23:03 PM PST
Where: SoapZone Community: Politics Message Board
In topic: October/November posted by SoftSoap
In reply to: I have absolutely no idea if this is true because it's the internet and you can posted by The_Cat_Did_It
US suppliers, importers prepare for promised Trump tariffs

LOS ANGELES, Nov 6 (Reuters) - Some U.S. businesses are activating plans to protect their businesses from President-elect Donald Trump's promise to slap new and potentially hefty tariffs on a wide swath of goods from countries including China and Mexico - the top U.S. trading partners.
Trump proposed a 10% tariff on all U.S. imports and a 60% levy on Chinese-made products, which if enacted would affect the entire economy by pushing consumer prices higher and stoking retaliatory levies on American exports. Trump also threatened to impose a 25% tariff on all imports from Mexico.

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[Edited by Justathot on Thu, 07-Nov-2024 9:25:15 PM PST]
1 reply, 112 views
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