https://www.taxtmi.com/news?id=39687 Announcement of sweeping import tariffs, including a minimum tariff of 10 percent and higher rates on goods from specified partners, signals a trade-policy shift toward protecting domestic manufacturing and raises the prospect of sustained higher import costs. The tariffs transmit to the economy via raised input costs, disrupted trade flows and lower corporate profits, prompting sharp market declines and complicating monetary-policy choices by increasing inflationary pressure while weakening growth. en-us Fri, 04 Apr 2025 02:01:03 +0530 Fri, 04 Apr 2025 02:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39687 Announcement of sweeping import tariffs, including a minimum tariff of 10 percent and higher rates on goods from specified partners, signals a trade-policy shift toward protecting domestic manufacturing and raises the prospect of sustained higher import costs. The tariffs transmit to the economy via raised input costs, disrupted trade flows and lower corporate profits, prompting sharp market declines and complicating monetary-policy choices by increasing inflationary pressure while weakening growth. News - Fri, 04 Apr 2025 02:01:03 +0530 https://www.taxtmi.com/news?id=39687