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@ Layer3.news
2025-03-06 21:11:13
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
GOLDMAN SACHS HIGHLIGHTS TARIFF WARS WINNERS AND LOSERS
https://s.yimg.com/ny/api/res/1.2/BIQi1y78PEae5jKZvYxvdQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/fox_business_text_367/d5c1454f72ed7f77d81116e71f47a1bd
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✍️ President Trump's newly implemented tariffs and additional tariffs under consideration are disrupting trade relationships and industries are scrambling to react to the higher costs brought on by the import taxes.
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👉 Tariffs on Chinese goods increased from 10% to 20%
👉 Tariffs on steel and aluminum increased from 10% to 25%
👉 Tariffs on critical imports, such as pharmaceuticals and semiconductors, increased from 10% to 25%
👉 Tariffs on European cars increased from 0% to 25%
👉 Potential retaliatory tariffs from foreign governments
👉 Potential consumer boycotts of U.S. products
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#DonaldTrump #JanHatzius #WarrenBuffett #China #Canada #Mexico #EuropeanUnion #politics
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