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How Trump's tariff plans could kill jobs and worsen inflation

·1 min

Former President Donald Trump, known as “Tariff Man,” has expressed his intention to pursue a more aggressive trade strategy if he is reelected. His proposed measures include a 10% across-the-board tariff on imports, a 60% tariff on imports from China, and a 100% tariff on foreign cars. Economists are concerned that these policies could lead to a trade war, causing inflation, job losses, and a potential recession. Despite Trump’s grievances with China’s trade practices, experts warn of the negative impact that tariffs could have on the US economy. There is uncertainty regarding the extent to which these proposals could be implemented.