President Donald Trump has introduced a plan to increase US tariffs to match the tax rates of other countries, aiming for fairness and to level the playing field between US manufacturers and foreign competitors. This move could lead to retaliatory tariffs from other nations, causing potential trade conflicts. While Trump argues that the tariffs will improve fairness and raise revenue, there are concerns that they may cause inflation and hinder economic growth. The tariff increases will be customized for each country, and their revenues are expected to help balance the US's $1.9 trillion budget deficit. Analysts warn about possible stagflation.
first published: Feb 14, 2025 11:34 am
A collection of the most-viewed Moneycontrol videos.
The Lawyer Renting in a 120-year-old building in South Mumbai | The Tenant
Nifty On Track To End Week Above 25,500 As Bank & Metal Stocks Lead Rebound| Closing Bell Live
Can Nifty Stage A Friday Fightback After Hitting 3-Week Low? Pine Labs IPO Opens | Opening Bell Live
Nifty Stays Below 25,600 Amid Expiry-Led Volatility; Grasim, Hindalco In Focus| Closing Bell Live
