What Has Been the Impact of Trump’s Tariffs so Far?

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US companies are also affected by Trump's customs policy. Ford, a car manufacturer, imports many parts for its vehicles from abroad - and has to pay heavily for it.

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As Donald Trump stepped up trade negotiations, customs revenues reached record levels, but American companies and consumers paid the price. Since Donald Trump's arrival in the White House, the United States has recorded an unprecedented surge in customs revenues, culminating in more than $150 billion over the past six months. A historic performance that is part of the US administration's offensive economic strategy, based largely on the impositi…