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@ tzongocu
2025-05-11 16:01:06
📰 News Alert...
🔖 Title: US Commerce Secretary Signals Long-Term 10% Baseline Tariff on Imports
🗓️ Published: 2025-05-11T19:01:03+03:00
📄 Summary: In a recent interview, Commerce Secretary Howard Lutnick indicated that the United States is likely to maintain a 10 percent baseline tariff on imports for the foreseeable future, reflecting ongoing trade tensions with various countries. The tariffs are part of the current administration's strategy to protect domestic industries and address trade imbalances. Lutnick reaffirmed the government's commitment to these measures during a discussion with CNN's Dana Bash, highlighting the administration's stance on international trade dynamics.
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https://thehill.com/business/5294425-lutnick-10-percent-baseline-tariff-foreseeable-future/
🗞️ Source: Tara Suter
💓 #TradePolicy #Tariffs #EconomicGrowth