Trump: Tariffs against China could be higher than 60 percent
Donald Trump plans to revive the trade war with China if he wins the US presidential election. The Washington Post recently reported that Trump is considering a flat 60 percent tariff on all Chinese goods.
In an interview with Fox News on Sunday, he raised the stakes further, according to Market Watch.
- No, I would say that maybe it will be more than that. We have to do it.
According to a report by the right-wing think tank American Action Forum, Trump's tariff war has increased consumer costs in the United States by about $51 billion a year.
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The ship attacks
Expert: Swedish companies want to move after the attacks
The attacks in the Red Sea have led many Swedish companies to consider moving purchasing and production from Asia to Europe. This is what the consulting company Arc, which advises companies on international establishments and purchases, tells Dagens Industri.
- In recent weeks, we have received more requests than ever regarding diversification of product flows and supplier bases, says Arc's CEO Daniel Karlsson.
He predicts that freight rates will continue to rise steeply, "perhaps 30 percent or more."
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The problems with the Boeing plan
New setback for Boeing: Misdrilled holes discovered
Boeing is being forced to redo 50 undelivered 737 Max planes after incorrectly drilled holes were discovered on some fuselages, WSJ and CNN report.
The aircraft manufacturer states that some deliveries may now be delayed but that the planes already in service are not affected.
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