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2024 Election. After six years of tariffs, small-business owners aren't eager for more. Trump wants to greatly expand import duties. Entrepreneurs who weathered his first round, which Biden ... Mr. Iacovella said that Mr. Trump would most likely go further on tariffs than Ms. Harris would, but that no matter who won the election “it’s still going to be a tariffs administration, and ... Election 2024. Elections and Voting. Trump’s 2018 decision to raise tariffs on steel and aluminum imports, including imports from America’s treaty allies, offers an example. He justified his ... Mr. Trump has said that if he wins the election he will put tariffs as high as 50 percent on imports from around the world. Tariffs on Chinese imports could be even higher, and some foreign ... In 2018, during his first term, Trump imposed tariffs of 30% to 50% on goods imported from China, forcing Beijing to retaliate with its own tariffs against US goods like aluminum, airplanes, cars ... Trump has said that if he wins the election, his administration could use tariffs to not only create US jobs but also bring in billions of dollars to help pay for other policy initiatives. A Second Trump Presidency Stands to Radically Remake World Trade. Tariffs could rise to highest levels since the 1930s. Anything from a global trade war to a U.S.-led system against China could be ... As the 2024 U.S. election approaches, former President Donald Trump's aggressive tariff proposals, including a potential 60 percent tax on Chinese imports, could reignite a trade war that may ... The tariffs former U.S. President Donald Trump put in place, maintained by President Joe Biden, filtered down to consumers and increased their yearly expenses, acting like a sales tax.

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