President Trump has once again shaken up the economic and trade landscape by hiking tariffs on steel and aluminum imports to a flat 25%—with no exceptions or exemptions. His goal? To strengthen American industry, protect domestic jobs, and counteract unfair foreign competition, particularly from China and Russia. But the real question is: Will these tariffs…
Weighing the Impact of Trump’s Proposed Tariffs: Balancing Inflation Risks and Domestic Industry Revival
The Institute of International Finance (IIF) has raised caution over the potential consequences of tariffs proposed by President-elect Donald Trump. The IIF warns that if implemented, these tariffs could increase inflation and lead to higher U.S. banking loan interest rates. This concern highlights the complexity of trade policy, especially when it comes to balancing the…
The Independent Christian Conservative 