Building Snippetz la... • 3m
So… tariffs are back They’re called reverse tariffs (or more technically, reciprocal tariffs) and they’re turning the trade tables in a pretty dramatic way. Economists are raising eyebrows Because trade deficits aren’t necessarily a bad thing. It’s kind of like going to your favorite grocery store—you spend more there than you earn from them. Doesn’t mean the store is cheating you. And while the reverse tariff policy sounds tough, it could come at a cost. Some real talk: These new reciprocal tariffs could bump U.S. average tariffs by 3.3%. That may increase inflation by 0.25 to 0.4 percentage points. Worst-case, it could shave off 0.6% of the GDP—translating to billions in economic slowdowns. Businesses, especially small and medium ones, could struggle with rising input costs. Consumers might notice pricier electronics, clothing, and raw materials. And globally? This could lead to another trade war round, with retaliation from big players like the EU and China already bubbling
Building Strategies ... • 6m
US President-elect Donald Trump has reiterated his plan to implement reciprocal tariffs on countries that impose high duties on American goods, specifically mentioning India and Brazil. At a press conference in Mar-a-Lago, Trump highlighted the dispa
See MoreBelieve me, it’s not... • 3m
India's toy industry will likely emerge as a winner through Trump Trade Tariffs. At present - majority of the world's toys are manufactured and supplied by China and Vietnam. China facing over 54% and Vietnam's 46% tariffs, Indian Toy manufacture
See MoreHead - Revenue Marke... • 3m
The “Complicated” Math Behind Trump’s Tariffs? Or is it really complicated? Or is it even math? So, Donald Trump announced his tariffs to the world, armed with some very serious-looking charts. One of them had a table with three columns: - Country
See MoreEXIM TRADE IN COMMOD... • 1m
🇺🇸 Trump’s 50% Tariffs on #Steel and #Aluminum Now in Effect 🔧 Key Changes Tariff Increase: Import tariffs on steel and aluminum (except from the U.K.) have doubled from 25% to 50%. U.K. Exempted: Due to an in-progress trade agreement, the U.K.
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