In 2025, the U.S. put some of its highest tariffs ever on major partners like India and Brazil. Both countries were hit with a huge 50% tax on some imports. India got these tariffs because of trade tensions and for buying oil from Russia. At the same time, other key countries such as China, Canada, […] The post Trump’s Reciprocal Tariff Rates and Affected Imports appeared first on Economics Insider.| Economics Insider
Explore how additional U.S. tariffs could affect the US economy and its major trading partners with GDP losses and trade disruptions.| Economics Insider
February 28, 2025 Dear Friends, These are, indeed, unprecedented, chaotic times. Each day, breaking news reveals disruption by the Trump administration of established government programs and services. This newsletter is focused on an element of the economic system I’ve studied for decades – trade and tariffs. In the first month of his second term, President Donald Trump brought| David Korten