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How Trump’s tariffs could affect global trade and consumers

03:39 Min

US president-elect Donald Trump says he will implement widespread tariffs on goods being imported into the United States to tackle unfair trade, illegal immigration and drug trafficking. He has suggested a 10 per cent universal import tariff, threatened 25 per cent duties on goods from neighbours Mexico and Canada, and up to 60 per cent on Chinese imports. Whether it is a threat for negotiation, or a promise to act, any change in US policy will likely impact trading partners and international trade patterns, as well as American consumers. Caroline Malone reports from Washington.

US president-elect Donald Trump says he will implement widespread tariffs on goods being imported into the United States to tackle unfair trade, illegal immigration and drug trafficking. He has suggested a 10 per cent universal import tariff, threatened 25 per cent duties on goods from neighbours Mexico and Canada, and up to 60 per cent on Chinese imports. Whether it is a threat for negotiation, or a promise to act, any change in US policy will likely impact trading partners and international trade patterns, as well as American consumers. Caroline Malone reports from Washington.

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