Archive · 13 Jun 2025

Jefferies: Trump May Impose New Tariffs on All Imports, Especially China

Jefferies: Trump May Impose New Tariffs on All Imports, Especially China

According to a Jefferies report, former President Trump might change his trade policies.

He could put a 10% tax on everything the U.S. buys from other countries, and a 20% tax on goods from China.

China is responding by controlling important resources like rare earth metals, which are needed for electronics.

To strengthen its economy, China is also buying a lot more gold.

This suggests a potential shift in the way the U.S. and China do business, with each side adjusting its strategies.

Sources