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New Mexico

How Do Tariffs Work and Will Trump's Plan Cause Inflation?

President-elect Donald Trump said he will impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office.

By: Newsweek
  • Nov 27 2024
  • 23
  • 2598 Views
How Do Tariffs Work and Will Trump's Plan Cause Inflation?
How Do Tariffs Work and Will T
President-elect Donald Trump has said he will impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office. During his 2024 presidential campaign, Trump pledged to use tariffs to boost U.S. businesses—proposing a 60 percent tari... [5206 chars]

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