Morning Business Report: Trump threatens steep tariffs as consumers, companies adapt to economic pressures
President Donald Trump announced today that his administration will begin notifying countries of unilateral tariffs that could reach as high as 70%.
(LILAMAX)- President Donald Trump announced today that his administration will begin notifying countries of unilateral tariffs that could reach as high as 70%. The move signals a major escalation in his trade strategy. Trump said he has already signed letters to 12 nations, laying out the various tariff levels they will face on exports to the United States. The “take…