Everything from cars to shoes to cell phones could become more expensive under a new plan proposed by 2024 Republican presidential candidate Donald Trump. If elected in 2024, Trump plans to enact a 10% “universal baseline tariff” on nearly all imports to the United States, according to new reporting in the Washington Post. The idea could cause a chain reaction and lead other countries to retaliate with new tariffs or other measures, ending with higher costs for American consumers. . . . #presidentialcandidate #trump #elections2024 #tariff #tax #economy #economics #adamposen #president #