Summary
- President Donald Trump was reported to have said that newly imposed tariffs would not negatively affect the US economy.
- Trump said the new tariffs would not harm the economy.
- The US said it imposed tariffs of 10% or 12.5% on goods from 60 trading partners, including the EU and China, over their handling of imports made with forced labor.
President Donald Trump said newly imposed US tariffs would not damage the economy.
Crypto-focused media outlet Odaily reported on July 28 that Trump said, "The new tariffs will not harm the economy."
The US recently imposed tariffs of 10% or 12.5% on goods from 60 trading partners, including the European Union and China, saying they had not done enough to block imports made with forced labor.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.