Yesterday 10:46 am
Ok drop all tariffsjerrab » 11 minutes ago » wrote: ↑ https://www.foxnews.com/politics/trump- ... 0-day-mark
Now, 100 days into his second term, economists told Fox News Digital they see these proposed reciprocal tariffs as politically motivated, unnecessary and failing to secure the benefits from U.S. trading partners that Trump had been hoping for. Instead, they warned, Trump's tariffs could grind billions of dollars in trade to a halt between the world's two largest economies, disrupt global supply chains and risk torpedoing the U.S. economy into a major slump or recession.
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While Trump says tariffs will target foreign competitors and reduce the trade deficit, the costs will fall mostly on working- and middle-class Americans who buy the bulk of imported goods.