Trump team revises 'universal' tariffs for critical imports
President-elect Donald Trump’s team is exploring sector-specific tariffs targeting critical imports like steel, medical supplies, and rare earth minerals. The revised plan aims to bolster U.S. manufacturing while avoiding the broader price hikes linked to universal tariffs.
One variety, ad valorem tariffs, are calculated as a percentage of the value of the goods. Specific tariffs, another type, involve fixed charges per unit, such as a certain dollar amount per ton ...
It’s time to discuss tariffs and their types. A specific tariff is a fixed fee, not necessarily a percentage on a type of item. Example: $1,000 on a specific model of car regardless of cost.
New polls show Americans increasingly concerned about the negative impact of something they haven’t seemed to truly understand.
President-elect Donald Trump denies reports from the Washington Post that claim he plans to target only specific sectors with his proposed tariffs. SMBC Nikko Securities America managing director ...
· Analyze and evaluate your current import structure and tariff exposure (direct and indirect) within the first month to ...
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