Trump vows sweeping tariffs on US$3t of imports: A look at how consumers and global trade could be impacted

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WASHINGTON, Nov 8 — US president-elect Donald Trump says "tariff” is the most beautiful word in the dictionary — and the...

US consumers could lose US$46 billion to US$78 billion (RM202 billion to RM343 billion) in spending power annually if new tariffs on imports are implemented, according to the National Retail Federation (NRF).

He noted that the first Trump government started free trade agreement talks with Kenya and renegotiated the North American Free Trade Agreement.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaGermanyKenyaMexicoOmanUnited States

Topics: Us tariffs US economy United states US Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 07:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 882 words

Reading Time: 5 minutes read

Sentences: 40 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 23467210

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About Malay Mail

Main Topics: EconomyBusiness

Official Website: malaymail.com

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Year Established: 1896

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News Last Updated: 3 hours ago

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Publisher ID: #106

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