Jeff Stein of the Washington Post report If President Trump is elected president, he plans to impose tariffs of 10% to 60% on all Chinese products, three people familiar with the matter said.
I take these reports seriously because President Trump already had the opportunity to impose tariffs on China, and they were small and not very destructive (albeit with significant effort). But if he decides to campaign on tariffs to improve sentiment toward China or the United States, it won’t work.
My guess is that despite the popularity of tough talk about China, raising the prices of products sold at Walmart by 60% isn’t necessarily a win.
The report also said President Trump has suggested imposing 10% tariffs on the United States. all Countries.