This is going to be very inflationary for the USA. Trump is trying to balance trade accounts by tariff. He will also be influenced by local production despite higher costs and/or poorer quality products. If they were better then the switch would have been done without tariffs
Reposted from
The Japan Times
President Donald Trump has ordered his administration to propose new levies on a country-by-country basis in an effort to rebalance trade relations — a sweeping process that could take weeks or months to complete.
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