Research indicates that former US President Donald Trump's trade policies to implement a 100% tariff or customs tax on all goods imported from China as well as a 10% tariff on goods imported from all other parts of the world, including Jamaica, would lead to a $325 billion dip in US GDP.
It would also result in an increase in the cost of living for the average American of about $2,000 per year as well as an acceleration in inflation.
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