Trump favors huge new tariffs. What are they, and how do they work?
FILE - Shipping containers are stacked at a port in Tianjin, China, Monday, Jan. 16, 2023. (AP Photo/Mark Schiefelbein, File)
Associated Press

Sep 27, 2024 5:12 AM - 1263 words

By PAUL WISEMAN AP Economics Writer

WASHINGTON (AP) — Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign goods entering the United States.

The former president and current Republican nominee asserts

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Trump favors huge new tariffs. What are they, and how do they work?
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