Can someone explain to me how this is going to slow inflation in the United States? Maybe I do not fully understand economics, but imposing higher tariffs will protect American business at the expense of the everyday consumer.
JUST IN: President-elect Donald Trump has vowed to impose massive hikes on goods from China, Mexico and Canada on his first day in office.
cnn.com
Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China on Day 1 | CNN Politics
President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration.