Site Search
Google Search
search button

Breaking News:

Microsoft co-founder Paul Allen is dead at 65, a statement from his family says     - | -     Turkish Police Enter Saudi Consulate In Istanbul     - | -     Saudi officials to admit writer died in interrogation gone wrong, sources say     - | -     Saudi Arabia Preparing to Admit Khashoggi Was Killed     - | -     Documents Suggest Kushner Didn't Pay Taxes for Years      - | -     France to Decide 'Soon' On Saudi Conference Participation     - | -     Proud Boys Members Not Arrested After They Assault Protester in Manhattan      - | -     Trump Doesn't Want to Kill Saudi Arms Deal But Promises 'Severe Punishment' If They Killed Khashoggi      - | -     What Will Happen If the Democrats Win in November?     - | -     GOP Congressman Invokes 'The Deep State'
Trump's Offhand Comment Stokes Fears Of Trade War
Get National News Alerts

viewsViews 930
14 Feb 2018 04:01 AM EST

On Monday, President Donald Trump caught the eye of economists and policy analysts with an offhand comment that may have suggested a significant shift in the United States' trade policy. According to reports, Trump and his administration are looking into a "reciprocal tax" on imports, which Trump said would apply to imports from countries that "are so-called allies, but they are not allies on trade." According to a report by Business Insider, the suggestion of imposing higher taxes on imports, essentially a tariff, has raised alarm among economists and analysts who have warned of a possible increase in protectionist trade policies under Trump.

Post Your Comment
Excellent Very Good Good Fair Poor



Recently Posted Comments
FREE
AllMediaNY AllMediaNY AllMedaiNY