US-China Relationship

Search documents
Trump Tariff Turmoil: Economists say 15% rate on E.U. will have 'dramatic effect' on economy
MSNBCยท 2025-07-28 15:52
Bloomberg's David Gura is back with us now. So this 15% tariff rate, put that into perspective for us and what kind of impact we might see here at home. >> So we've seen the floor rise over the last few weeks.There was a lot of talk about being like a 10% floor for these tariffs. Then after Japan, it moved up to to 15. So again, it's significant because the baseline before this was so much lower, >> 1.2%.Right. >> Exactly. And so in the Europe's case, a little bit higher than that.But we've heard from compa ...