Trump Prepares Major Tariffs
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specific tariffsUSA Today
•US Politics
US Politics
Trump’s biggest round of tariffs is coming next week. Here is how it could shake up the economy
76% Informative
President Donald Trump is set to unveil his most significant round of tariffs yet.
The president has said reciprocal tariffs will apply to countries that charge fees on U.S. exports.
The tariffs will offset trade practices that Trump deems unfair.
The White House has not released a list of the "Dirty 15 " countries with the largest trade deficits with the U.N. China , EU , Mexico , Vietnam , Taiwan , Japan , South Korea , Canada , India , Thailand , Switzerland , Malaysia , Indonesia , Cambodia and South Africa .
The Dow Jones Industrial Average dropped more than 700 points, or about 1.7% ., its largest drop since March 10 .
The S&P 500 was down more than 100 points.
Zandi : "I don't know that we'll ultimately ever get to a recession, but we're going to get awfully darn close".
VR Score
78
Informative language
77
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21
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semi-formal
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English
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