Fortune
Trade war is back on as White House floats a new minimum 10% tariff plan—with carveouts for coffee, beef, and microchip suppliers
The White House is floating a universal minimum 10% tariff on imports while carving out exceptions for coffee, beef, and semiconductor suppliers — signaling a renewed escalation of trade tensions. The selective exemptions suggest the administration is keenly aware that everyday consumer goods drive public perception of inflation more than big-ticket items. The plan marks a significant shift in trade policy and could reshape supply chains and diplomatic relationships with major trading partners.
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