Santos Quoted on Tariff Impacts and Industrial Recovery
Reuters
Customs & Import Compliance Practice Group Leader Angela Santos was quoted on why it is too soon to consider the full effects of the Trump Administration’s tariffs, despite revenue growth reported by US industrial companies. In August, the Trump Administration raised reciprocal tariffs from 10% to country specific rates of up to 50%.
“This is the real beginning of when the effects of tariffs would have hit,” Angela said, “We’re only in October and the increases for reciprocal tariffs started in August, so it hasn’t been that long.”
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