U.S. media: Trump aides draft proposal to impose about 20% tariffs on most goods imported to the U.S
ChainCatcher news, according to the Washington Post, three insiders revealed that White House aides have drafted a proposal to impose tariffs of about 20% on at least most goods imported to the U.S.
If this plan is implemented, it would have a huge impact on the securities market and the global economy. Moody's Chief Economist Mark Zandi stated that if permanent tariffs take effect this quarter and provoke strong retaliation from U.S. trading partners, the U.S. economy would almost immediately fall into recession, lasting more than a year, with unemployment rates exceeding 7%. Zandi described this outcome as the worst-case scenario.
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