The administration of President Donald Trump is considering a new "trick": imposing a 15% tax within 150 days! That's right, a tax of up to 15%, just hearing about it makes you want to... cry!
This situation arises after the court said Mr. Trump went a bit too far in imposing taxes under the old law, so now he has to change tactics. Instead of using the old taxation method, they are now planning to use another law to "force" trade partners to play along more.
In simple terms, the U.S. will "raise the ticket price" for imports to protect the dollar and keep the international balance of payments from being "shaken."
Everyone get ready, because in the next 150 days, everything could "inflate" quite a bit! Anyone still planning to buy imported goods should think twice!
Taxes up, cheer up! 😄💸