How Trump Could Put His Campaign Promises on Tariffs Into Action

He could put some parts of his trade agenda in place quickly
‘All of the tools in the toolkit’ may be used, one lawyer says

Sen. Bill Hagerty (R-Tennessee) discusses what potential economic plans, including tax cuts & tariffs, President-elect Trump may seek out. Sen. Hagerty speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s “Balance of Power.”Source: Bloomberg

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By Daniel Flatley and Eric Martin

November 8, 2024 at 10:00 AM UTC

This article is for subscribers only.

President-elect Donald Trump has vowed to impose massive new tariffs upon entering office on Jan. 20, calling them “the greatest thing ever invented.” And unlike some of his other campaign promises, he’s been consistent, repeatedly suggesting he’ll impose a 10% to 20% tariff on all foreign goods and a tariff of 60% or higher on products coming from China.

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