Listen To Story Above
White House officials are considering a significant shift in trade policy, with a draft proposal suggesting a blanket 20% tariff on most goods entering the United States, according to a new report from The Washington Post.
The proposal, currently under review by President Trump’s administration, includes plans to utilize the substantial revenue generated from these import duties. Sources familiar with the matter indicate the funds could be redirected back to American consumers through tax refunds or dividend payments.
Donald Trump has dealt another blow to the UK economy. From next Wednesday, he will impose 25% tariffs on all foreign-manufactured cars imported into the U.S.
Motor vehicles are Britain's number one goods export to North America and will not be exempt from the new taxes pic.twitter.com/X5f6c2NmJ2
— Peter Stefanovic (@PeterStefanovi2) March 27, 2025
The administration’s consideration of such widespread tariffs represents a potential major overhaul of U.S. trade policy, though specific details about implementation and exceptions remain unclear. The Post’s reporting suggests the proposal is still in its early stages of development among White House staff.
If enacted, this measure would mark one of the most sweeping changes to America’s import policy in recent history, affecting a vast array of consumer goods and industrial products entering the country.
Let's talk tariffs.
I used to live in a foreign country that many of you have probably visited.
They slapped ~20% duties on basically everything brought in from other countries.
You know what it made us do?
Buy things locally.
Other countries use tariffs. The USA should too.
— Cryptid Politics đşđ¸đ (@CryptidPolitics) March 31, 2025
