Trump advocates for higher tariffs on Chinese imports

zerohedge.com

In a recent interview, former President Donald Trump advocated for increasing tariffs on Chinese imports, potentially exceeding 60%. He argues that while tariffs may raise consumer costs, the impact will be less severe than critics claim. In 2018, Trump's tariffs led to China absorbing 75-81% of costs, with the U.S. trade deficit with China reaching $279.4 billion last year.


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