Trump, who won a crushing presidential victory this week, vowed during his campaign to slap 60 percent tariffs on all Chinese goods entering the United States in an attempt to balance trade between the two nations.
Although Europe's public reaction to the Republican's return has been cautious, officials are on full alert over the implications for the European Union's economy if he delivers on his threats and slaps higher tariffs
The impact of inflation on the cost of everyday items was pronounced, with consumer prices rising cumulatively by more than 20 percent during President Joe Biden's time in office, triggering a backlash from voters.
Trump Trade went into overdrive Wednesday as it emerged that the tycoon would return to the White House after beating Democrat Kamala Harris
This will not be the first time Trump has used tariffs to exert pressure on other countries
American voters who cared more about the economy than other issues - their choice for the next president appeared resoundingly clear: Republican Donald Trump.
Trump has won the 270 electoral votes needed to claim victory over challenger Kamala Harris, according to Fox News
Trump, who won a crushing presidential victory this week, vowed during his campaign to slap 60 percent tariffs on all Chinese goods entering the United States in an attempt to balance trade between the two nations.
Although Europe's public reaction to the Republican's return has been cautious, officials are on full alert over the implications for the European Union's economy if he delivers on his threats and slaps higher tariffs
The impact of inflation on the cost of everyday items was pronounced, with consumer prices rising cumulatively by more than 20 percent during President Joe Biden's time in office, triggering a backlash from voters.
Trump Trade went into overdrive Wednesday as it emerged that the tycoon would return to the White House after beating Democrat Kamala Harris
This will not be the first time Trump has used tariffs to exert pressure on other countries
American voters who cared more about the economy than other issues - their choice for the next president appeared resoundingly clear: Republican Donald Trump.
Trump has won the 270 electoral votes needed to claim victory over challenger Kamala Harris, according to Fox News
