Trump’s China tariff plan has $64 billion import hole
Trump’s China tariff plan has $64 billion import hole
6/12/2024 6:23

President-elect Donald Trump has promised to impose 10% tariffs on all imports from China as soon as he takes office next month.

But that might be difficult to achieve fully because tens of billions of dollars worth of goods will probably escape those import taxes due to loopholes and undercounting of how much is actually arriving from China.

Source: Bloomberg

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