New Tariff Era: Trump Solidifies 15-20% Global Trade Tax
New Tariff Era: Trump Solidifies 15-20% Global Trade Tax A significant shift in global economic policy is underway as President Donald Trump entrenches tariffs at levels previously deemed unimaginable. The administration has declared a new baseline tariff rate for the world, expected to settle between 15% and 20%. This announcement follows closely on the heels of a landmark agreement reached Sunday with the European Union, which will see a 15% import tax on products entering the U.S. from the bloc….