Trump's plan of 10% import tariff likely a point for negotiation: S&P

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Tariffs are unlikely to be imposed at those levels, but were Trump to follow though, the universal 10 per cent tariff could add as much as 1.

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It added that this would trigger a resurgence in inflation in the first year rather than having an ongoing inflationary effect, and hit output by as much as 1 percentage point.

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Article Details

Category: BusinessFinance

Markets: IndiaChina

Topics: Import tariff Donald Trump Trump tariff plan

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 23:16:21 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 316 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 32 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 23464085

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 181 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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