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TARIFFS IN FOCUS

TARIFFS IN FOCUS: Once Donald Trump is sworn in as President of the US for a second time on January 20, global attention will turn to whether or not he follows through with his tariff plans. Trump recently denied a report that his aides were considering narrowing his tariff plan to specific critical imports, rather than the sweeping strategy outlined during his campaign. These, alongside specific plans for tariffs of up to 60% on Chinese imports and 25% on those from Mexico and Canada. Photograph: Bloomberg

Photo by Bloomberg

17th January 2025

     

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Once Donald Trump is sworn in as President of the US for a second time on January 20, global attention will turn to whether or not he follows through with his tariff plans. Trump recently denied a report that his aides were considering narrowing his tariff plan to specific critical imports, rather than the sweeping strategy outlined during his campaign. These, alongside specific plans for tariffs of up to 60% on Chinese imports and 25% on those from Mexico and Canada. Photograph: Bloomberg

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