Donald Trump will enter the White House for a second time on Jan. 20. Governments the world over are bracing for a new round of tariffs, a term the incoming president has called “the most beautiful word in the dictionary.”
While on the campaign trail, Trump pledged to impose tariffs on several economies, particularly China’s. Just a few weeks ago, Trump took to Truth Social, his social media platform, to promise new duties on China, Mexico, and Canada the moment he takes office.
