Trump starts the clock for new tariffs to take effect

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Trump starts the clock for new tariffs to take effect | CNN Business

//business-finance.news-articles.net/content/202 .. for-new-tariffs-to-take-effect-cnn-business.html

Published in Business and Finance on Wednesday, April 23rd 2025 at 21:00 GMT by CNN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

President Donald Trump said Wednesday that he could re-impose "reciprocal" tariffs on some countries in as soon as two or three weeks, a potentially significant re-escalation of the global trade war that has already raised fears of a US and global recession.

In an article published by CNN on April 23, 2025, it is reported that former President Donald Trump announced plans to impose new tariffs on various imports if he were to be re-elected. These proposed tariffs target goods from multiple countries, including China, and cover sectors such as automotive, electronics, and pharmaceuticals. Trump's rationale for these tariffs is to protect American industries and jobs, although critics argue that such measures could lead to increased costs for consumers and potential trade wars. The announcement comes as part of Trump's broader economic policy strategy ahead of the upcoming election, aiming to appeal to voters concerned about economic security and trade imbalances.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/04/23/business/new-tariffs-trump-weeks/index.html ]

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