"Initially, it appeared that the self-proclaimed tariff man's bark might well prove to be worse than his bite. On the campaign trail, Trump had previously touted the potential for universal tariffs of up to 20% on US imports from any country, in addition to additional tariffs that would be levied on certain nations, such as Mexico and China."
"Reports yesterday, via the Washington Post, indicated that said plan could well be watered down, with Trump's team said to be fleshing out the tariff plan, with a focus on 'critical imports', such as the industrial supply chain, medical supplies, and energy production."
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