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Posted: 2025-05-16 13:40:22 UTC
Status
Last Updated
2025-05-16 13:47:04 UTC
Verified By
Rollup News
Trump plans to assign tariff rates to countries without U.S. trade deals within 2-3 weeks, bypassing negotiations due to capacity issues. This could heavily impact exporters of steel, cars, and tech, while giving Trump leverage without needing Congressional approval.
Tariff rates assigned by the U.S. without negotiation
Potential impact on exporters of steel, cars, and tech
Trump gains leverage without Congress
U.S. lacks the capacity to negotiate with all countries
Potential negative impact on countries exporting specific goods