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Trump is serious about stronger tariffs: Wilbur Ross

DeFi Daily News by DeFi Daily News
August 30, 2024
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Not many people know former President Donald Trump like Wilbur Ross. Ross has known Trump for decades, first as a real estate mogul and then as his boss, serving in the capacity of US Commerce Secretary. As a member of Trump’s cabinet, Ross was instrumental in pushing through tariffs on China and helping to usher in lower taxes for businesses and households. Yahoo Finance executive editor Brian Sozzi goes in-depth with former US Commerce Secretary and longtime businessman Wilbur Ross. Ross takes Sozzi inside the thinking of the former president on all things business, including tariffs on China and the Federal Reserve. Ross also weighs in on what a second Trump presidency may look like and why. Ross – the author of the new book Risks and Returns: Creating Success in Business and Life – goes on to discuss the potential impact of higher taxes and more regulation on business should Vice President Kamala Harris win the White House.
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Tags: BondsbusinessCurrenciesEquitiesFXInvestingInvestmentMarketMarketsMoneyNewsNYSEPersonal FinancePoliticsRossSavingsStock marketstocksStrongertariffsTrumpWilburYahoo FinanceYahoo FInance Premium
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