World News Guru Logo

Why has Donald Trump held fire on tariffs?

Published: 1/20/2025|Category: Finance News
0 views
Why has Donald Trump held fire on tariffs?
Ad
Jan 20th 2025

|

Washington, DC

Donald Trump started his new presidential term with an unexpected show of restraint. Just a couple of months ago, Mr Trump had warned that he would announce hefty new levies on his first day back in the White House. Instead, he opted for a softer opening. He was set to issue a presidential memorandum, calling for an “America first” trade policy and a review of commercial relationships with China, Canada and Mexico. His measured start prompted relief in government offices and on trading floors around the world. Foreign currencies and stocks rallied.

Comments

Loading comments...

Ad