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Kelly Eckhold: Donald Trump's tariffs are just the beginning
Published 1 year, 5 months ago
Description
After saying he would prefer not to have to impose tariffs on China, Donald Trump has imposed tariffs on Mexico, Canada, and China.
China came out the best of the three, with 10% rate on all imports, while Mexico and Canada were hit with a 25% rate across most imports.
This will likely mean an increase in prices for U.S. consumers, and a potential for New Zealand to step up exports.
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