Trump tariffs: what ‘powerful’ trade weapons are at the US president’s disposal?
Source: US news | The Guardian · Bias: Center Left
Summary
A 10% levy has been put in place, but the US leader has other economic ‘bazookas’ he can fire in his trade battleTrump’s new 10% global tariff comes into effectBusiness live – latest updatesDonald Trump did not carry through his threat to introduce 15% tariffs overnight.However, he did impose 10% tariffs on imports into the US on Tuesday, and the threatened 15% may be the least of his trade partners’ worries.Pharma and active ingredients.Processed critical minerals.Commercial aircraft and jet engines.Polysilicone used in solar panels and semiconductors.Drones.Wind turbines.Robots.PPE and medical devices. Continue reading...
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