There’s been a lot of threads with speculation based on campaign promises of tariffs, whether there would be follow through on these policies, and to what extent.
Today the wsj reports on announcement with additional details.
Interested in any strategies folks are planning to employ with this new information. I’m planning a shift to cash for a portion of my portfolio, but still mulling over various alternate paths.
From the article:
Posting on his Truth Social platform, Trump said that on the first day of his presidency he will charge Mexico and Canada a 25% tariff on all products coming into the U.S. He added in a separate social-media post that he would impose an additional 10% tariff on all products that come into the U.S. from China, though he didn’t specify whether that levy would come on his first day in office.
https://www.wsj.com/politics/policy/trump-pledges-tariffs-on-mexico-canada-and-china-3c62b1f7
Submitted November 26, 2024 at 12:51AM by dividebyoh https://ift.tt/jA8Vt5U
