News18 on Nostr: What Are Trump’s Tariff Plans For China, Canada, Mexico? Will He Spare India? ...
What Are Trump’s Tariff Plans For China, Canada, Mexico? Will He Spare India? Explained
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Donald Trump plans to impose nearly 40% tariffs on imports from China in 2025; a 10% tariff on Canada could cost $21 billion annually; 25% tariffs on all imports from Mexico and Canada announced; Chinese goods to face a 10% additional tariff until fentanyl smuggling is addressed; Reuters poll indicates tariffs could impact China's 2025 growth by 0.5%-1.0%; Trump's tariffs are higher than previous 7.5%-25% rates; median estimate for tariffs on China is 38%, with projections ranging from 15% to 60%; growth forecasts for China remain at 4.8% for 2024 and 4.5% for 2025.
#Trump #Tariffs #China #Canada #Mexico #Economy #Imports #Fentanyl #Trade #Us
https://www.news18.com/explainers/what-are-trumps-tariff-plans-for-china-canada-mexico-will-he-spare-india-explained-9134899.html
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Donald Trump plans to impose nearly 40% tariffs on imports from China in 2025; a 10% tariff on Canada could cost $21 billion annually; 25% tariffs on all imports from Mexico and Canada announced; Chinese goods to face a 10% additional tariff until fentanyl smuggling is addressed; Reuters poll indicates tariffs could impact China's 2025 growth by 0.5%-1.0%; Trump's tariffs are higher than previous 7.5%-25% rates; median estimate for tariffs on China is 38%, with projections ranging from 15% to 60%; growth forecasts for China remain at 4.8% for 2024 and 4.5% for 2025.
#Trump #Tariffs #China #Canada #Mexico #Economy #Imports #Fentanyl #Trade #Us
https://www.news18.com/explainers/what-are-trumps-tariff-plans-for-china-canada-mexico-will-he-spare-india-explained-9134899.html