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An offhand comment from Trump has sparked serious fears of a trade war





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  • President Donald Trump said Monday that his administration is looking into a “reciprocal tax” on imports.
  • The comment sparked concerns among economists, analysts, and industry groups that the US could impose higher tariffs on goods and trigger a trade war.

In what was supposed to be a week focused on infrastructure and the budget, President Donald Trump on Monday caught the eye of economists and policy analysts with an offhand comment that suggested a significant shift in American’s trade policy.

Trump said his administration was looking into a “reciprocal tax” on imports, a comment that took many aides by surprise, according to read more >>>

Source:: BusinessInsider.Com

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