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Trump’s aides are exploring tariff plans that would be applied to every nation but only cover critical imports - WAPO
TRUMP’S AIDES ARE EXPLORING TARIFF PLANS THAT WOULD BE APPLIED TO EVERY NATION BUT ONLY COVER CRITICAL IMPORTS - WAPO.
— FinancialJuice (@financialjuice) January 6, 2025
Added at 6:23am
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Trump allegedly narrows universal tariff plan to target critical imports
US President-elect Donald Trump's transition team is said to be reworking his campaign pledge of universal tariffs on all imports, narrowing the focus to key sectors deemed vital to national security, The Washington Post reported on Monday, citing people familiar with the discussions. "The sector-based universal tariff is a little bit easier for everybody to stomach out the gate," one of the sources said, stressing the disruptive effects a universal tariff could have on prices for consumer goods and supply chains. In that sense, the report mentions that the proposed approach would target industries such as defense, ... (full story)
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