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Trump Vows to Boost Reciprocal Tariffs on Imports If Reelected

From bnnbloomberg.ca

Donald Trump said he will impose tit-for-tat tariffs if he is reelected president, reiterating one of his isolationist policy goals that has already raised concern at home and overseas. “I will pass the Trump Reciprocal Trade Act,” Trump said Saturday at a rally in Greensboro, North Carolina. “If China or any country makes us pay a 100 or 200% tariff, we will make them pay a reciprocal tariff of 100 or 200% right back.” Trump has previously suggested raising tariffs by more than 60% on Chinese goods, as well as revoking the global superpower’s “most favored nation” status for US trade. He has also floated a 10% ... (full story)

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