Trade Talks: US Plans to Raise Tariffs on Some Countries
The US is set to raise tariffs on a number of countries. This comes after a three-month deadline for trade negotiations, which ends soon. The White House plans to send letters to about 10 to 12 countries. These letters will detail new tariff rates, which could range from 10% to 70%. The US has already imposed tariffs as high as 50% on most trading partners. Higher t...