President Trump announced his plan to create a federal agency called the External Revenue Service that would collect tariffs and fees from other countries. Trump has previously said he would impose a universal tariff of 10% to 25% on all countries and up to 60% on China on exports. The agency would eventually replace the … Read more
The returning Trump administration in 2025 will embody its “America First” and “Made in America” message more than ever. President Trump stated that he will introduce tariffs on imports of up to 25%, especially considering that the duty rate on Chinese goods exceeds 60%. Trump is also adamant about American independence in the semiconductor industry … Read more
US President Joe Biden meets with President-elect Donald Trump in the Oval Office of the White House in Washington, United States, November 13, 2024. – Reuters Trump says the tariffs will be removed if illegal immigration and drug trafficking stop. “There will be no potential tariff war,” says Mexican President Sheinbaum. The Republican reaffirms his … Read more