Trade war 3.0: A new, lasting tariff wall | Metals Mine

  • Trade war 3.0: A new, lasting tariff wall

    From allianz.com Story is in PDF Format

    With Section 122's flat 10% tariff expiring on 24 July, the switch to Section 301 and Section 338 tariffs will send the US average import tariff back above 2025's IEEPA-era level to 12.4%, up from a May low of 7.7%. And this time it should stick: Section 301 requires formal USTR investigations and is far harder to challenge in court. History shows these tariffs tend to outlive the administrations that impose them: China's 2017 case is already in its second statutory review. On top of Section 301, the US will continue using Section 232 tariffs, concentrated on a few sectors – automotive, steel, aluminum, ... (full story)

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Trader#3832
3 hr ago
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"History shows these tariffs tend to outlive the administrations that impose them"

Wait. What? Are you telling me other President's have used tariffs in the past and nobody made a deal about it then? Crazy.
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Polimini
2 hr 1 min ago
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We all remember when Biden presented a cardboard with every single country on earth, including islands only inhabited by penguins and tariffs for all of them. They are just Trump haters brothers. Also have you already bought melania coins? what about the trump phone? great investments man.
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Trader#CD41
3 hr ago
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BUY OR SELL GOLD
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Raicha
3 hr ago
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sell
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feuzal
2 hr 58 min ago
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buy or sell usd/cad ?
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Fractality
2 hr 32 min ago
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Buy or sell your mom ?
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