đŁ Trump Shifts from Targeted to Systemic Trade Restrictions â Plans to Introduce âMirrorâ Tariffs Against ALL Countries That Impose Duties on American Goods.
â« Already Implemented: Tariffs on steel and aluminum (effective March 12).
â« Added: 10% tariff on Chinese goods (since February 4).
â« Postponed: 25% tariff for Mexico and Canada until March 4.
â« Upcoming: Tariffs on automobiles, semiconductors, and pharmaceuticals.
đ Experts highlight the challenges of structuring âmirrorâ tariffs due to the vast number of variations (5,000 product types Ă 186 countries).
âčïž They also emphasize the systemic impact on supply chains (âreverberate across supply chainsâ), meaning price increases for raw materials (steel/aluminum) will affect the cost of all derivative products.
â
đIf you enjoy my articles, Iâd truly appreciate it if you could hit the đ button and consider subscribing to my profile for more valuable insights, in-depth market analysis, and the latest industry news.
Your support means a lot! â€ïž