Drastically Rethink Your Global Business Strategy If ...

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Now (10/29/24), as former President Donald Trump campaigns on a pledge to hit all goods coming into the country with a 10%-20% tariff, or border tax, which would rise to 60% for goods from China, companies that import from China are having to drastically rethink their strategy.

America, once a global champion of free trade, is about to be taken off its game should Trump be re-elected.  His tariff claims are rejected by most traditional economists, who say the policy would do little to expand employment in the US, while raising costs for everyday Americans and slowing growth around the world.

from The Global Small Business Blog https://ift.tt/GOBdhN3