More Trump tariffs are coming-and they could look different
New Delhi, Aug. 15 -- The Trump administration's newest tariffs on drones and a report this week outlining efforts to curb China's tariff evasion practices offer a glimpse of the next phase of President Donald Trump's trade agenda: more targeted tariffs, tougher rules governing where products are made, and greater scrutiny of efforts to evade duties.
The U.S. on Friday imposed tariffs ranging from 25% to 100% on drones, using Section 232 of the Trade Expansion Act. Countries that struck trade pacts capping sectoral tariffs-including the European Union, Japan, South Korea and Switzerland-face 15% levies. The duties are set to take effect Sept. 3.
Published by HT Digital Content Services with permission from MINT....
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