Trump wants to levy his new tariff regime 'quickly.' Here's how long it might take. [Yahoo! Finance Canada]
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Source: Yahoo! Finance Canada
Washington Correspondent · Donald Trump has made new tariffs into a centerpiece of his potential second term economic agenda and he could try to force them into existence much more rapidly than many might be expecting. What his allies are exploring are an array of legally-untested and potentially disruptive options that experts say could prove to be a second destabilizing force for global markets on top of the duties themselves. What the former president wants to do "quickly" is push up tariffs levels to heights not seen in recent history. He could spur new inflation with plans to implement up to 60% duties on many Chinese goods and 10% levels on other major trading partners. "It may be more than that," Trump added of how high things could go in a recent interview with Time ADVERTISEMENT Whether he actually tries to implement duties that high and how long it takes before companies start paying them at US ports of entry may come down to how aggressively Trump seeks to ac
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