Trump readies matching tariffs on trade partners, possibly setting up a major economic showdown

UPDATED: February 12, 2025 at 10:42 AM PST

The impact will likely depend on the details of the tariffs and how other nations respond.

Originally Published: February 12, 2025 at 8:25 AM PST

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It’s a bet that his economic ideas can eventually deliver meaningful results for voters, even if by Trump’s own admission the import taxes could involve some financial pain in the form of inflation and economic disruptions.