2 Hrs
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الشرق اللبنانية
Trump advances tariff wall strategy
Trump's economy is moving toward building a fundamental "tariff wall" aimed at eliminating trade concessions from partner countries. This includes imposing tariffs of 10 to 12.5 percent on imports from 60 countries due to weak enforcement of forced labor bans, along with investigations into excess production capacity, intellectual property theft, and safeguarding national security in strategic sectors such as semiconductors and robotics. These measures will provide companies with greater clarity regarding the tariff structure, but they may also exert pressure on countries like China, the European Union, and Japan to make concessions, while reimposing some tariffs that the courts previously deemed illegitimate.
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