Trump considers universal tariffs, but delays decision

MG News | January 21, 2025 at 12:06 PM GMT+05:00

0:00

January 21, 2025 (MLN): Republican U.S. President Donald Trump on Monday floated the idea of universal tariffs.

However, he stated that the United States was not yet ready for such a step, as Reuters reported.

"We're not ready for that yet," Trump told reporters at the White House.

"We may put it because essentially countries take advantage of the U.S.," he added.

"Well, you put a universal tariff on anybody doing business in the United States because they're coming in and they're stealing our wealth, they're stealing our jobs, they're stealing our companies, they're hurting our companies

So, you put you put a tariff on to keep them from doing that," Trump, who took office on Monday, added.

Copyright Mettis Link News

Related News

Oil prices steady as drone srikes on Russian refineries stir market concerns

Asia markets hit new peaks on AI optimism

Asia market flat as Alibaba drops, SoftBank jumps

Name	Price/Vol	%Chg/NChg
KSE100	155,384.51 273.27M	0.61% 944.82
ALLSHR	95,133.57 852.93M	0.49% 465.41
KSE30	47,466.99 136.91M	0.74% 347.09
KMI30	227,645.22 99.56M	0.67% 1519.50
KMIALLSHR	63,888.06 351.19M	0.50% 319.01
BKTi	41,761.78 72.14M	0.33% 138.95
OGTi	31,619.14 7.56M	0.41% 130.35

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,155.00	117,240.00 114,940.00	-2110.00 -1.80%
BRENT CRUDE	67.16	67.52 66.78	0.17 0.25%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-1.20 -1.41%
ROTTERDAM COAL MONTHLY	93.00	0.00 0.00	0.05 0.05%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	62.89	63.24 62.52	0.20 0.32%
SUGAR #11 WORLD	15.86	15.98 15.84	0.07 0.44%