Here's How Tariffs Could Affect This Industry Giant. Should Investors Be Worried?

It appears the tariff-prompted economic crisis has been averted. Mostly. For the time being anyway. On Wednesday, the White House paused most of its recently imposed (or raised) "reciprocal tariffs" for a span of 90 days. Presumably, these pauses could become permanent if the country in question can work out a satisfactory import/export tariff agreement with President Donald Trump.There are three key exceptions to the reprieve, however. Many goods made in Canada and Mexico will still cost their suppliers an additional 25% to import into the United States, while China's tariff rate on a wide range of goods coming into the U.S. is now in excess of 100% of their cost.Neither superpower seems interested in backing down on their political posturing either.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool