Economy

Trump pledges to get tough with tariffs again if elected

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Former President Donald Trump: China is, right now, our boss

Proclaiming that “I’m a big believer in tariffs,” former President Donald Trump on Monday indicated he’s likely to reinstitute duties on foreign goods should he win election to a second term.

In a CNBC interview, Trump cited both economic and political benefits from targeting foreign goods entering the U.S.

“I fully believe in them economically when you’re being taken advantage of by other countries,” the presumptive Republican nominee said during a “Squawk Box” interview, referring to tariffs. “Beyond the economics, it gives you power in dealing with other countries.”

The comments come as Trump is running a close race in the polls with President Joe Biden. With his latest slew of victories



Source cnbc.com

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