Site Search
Google Search
search button

Breaking News:

Trump Signs Defense Policy Bill Named for John McCain; Skips Out on Mentioning His Name      - | -     Prosecution Rests in Manafort Trial; Defense Calls for Acquittal     - | -     Omarosa Proves She's the Real 'Apprentice,' Between Tapes and Admissions of Trump's Lies     - | -     Trump Admits Trump Tower Meeting Was About Info on Clinton After Team Admits He Dictated False Statement     - | -     4th Judge Legitimizes Mueller Investigation After Russian Company Challenges Probe      - | -     GOP Congressman Invokes 'The Deep State'
Trump's Offhand Comment Stokes Fears Of Trade War
Get National News Alerts

viewsViews 742
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