More Tariffs Likely After Trump Victory
With Donald Trump retaking the White House and Republicans set to control both chambers of Congress, rifts between the GOP’s protectionist and free trade wings are on the horizon as the president-elect will have wide latitude to implement trade policies. While it is too early to explore beyond speculation, analysts are looking at what the Trump campaign’s test balloons on trade—often centered on a 10% universal tariff and a 60% rate for China—could mean for the economy. Trump’s occasional calls for a return to pre-16th Amendment funding of the federal government ... Log in to view full article.