3 charts that help explain how Trump’s tariffs would work ...Middle East

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3 charts that help explain how Trump’s tariffs would work
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By Katie Lobosco and Annette Choi, CNN Washington (CNN) — If former President Donald Trump returns to the White House, tariffs will once again play a major role in his policy agenda. Trump has repeatedly said he plans to impose an across-the-board tariff of either 10% or 20% on every import coming into the US, as well as a tariff upward of 60% on all Chinese imports, in a bid to encourage American manufacturing. “Tariffs are the greatest thing ever invented,” Trump said last month at a town hall event in Michigan. But as with many economic policies, there are trade-offs, and Trump doesn’t talk about the negative effect tariffs could have on US businesses and consumers. He’s also of

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