Ahead of the planned 25% auto and retaliatory tariffs for April 2, Gretchen Blough, a customs broker manager, talks about the impact of trade and tariffs on importers.
The Trump administration’s tariffs are likely to slow down the U.S. economy, making U.S. companies and government bonds a less attractive asset. International investors have started to think about investing elsewhere.
China has had years to figure out how to best respond to U.S. tariffs. That means it’s developed plenty of strategies to respond to any new tariffs during Trump’s second term.