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tariffsCNBC
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79% Informative
Donald Trump has shifted the focus of his protectionist agenda from China to some of the closest U.S. allies.
The Republican presidential nominee said he would build upon the tariff policies of his first term in an effort to take manufacturing jobs from foreign countries.
Mainstream economists and trade experts argue they will lead to higher prices and trade disputes.
The former President has proposed blanket tariffs as high as 20% that would hit imported good from all countries.
The Biden administration has maintained most of Trump 's China tariffs and even increased levies on specific high-tech industries.
The extent to which Trump 's tariff proposals are genuine or more of a threat has also been a subject of debate.
Jamie Dimon , Chairman and CEO of JPMorgan Chase & Co. said some of his top advisors had told him that the proposed tariff rates were more a negotiating tactic for favorable trade deals rather than an expected outcome.
VR Score
82
Informative language
80
Neutral language
63
Article tone
semi-formal
Language
English
Language complexity
59
Offensive language
possibly offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
4
Source diversity
4
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