Economists interpret Trump's new tariffs: Under the 15% tariff rate, there are both losers and winners. Gelonghui, February 22 | For many countries, the 15% tariff rate newly announced by Trump is better than the rates they would face under IEEPA tariffs. Joe Brusuelas, Chief Economist at RSM US, pointed out that Brazil, which previously faced tariffs as high as 50%, as well as Canada, India, Indonesia, Mexico, and South Africa, will face lower rates. However, he added that countries such as Argentina, Australia, Saudi Arabia, and the United Kingdom will face higher tariffs. Furthermore, for now, retailers like Walmart, Target, Costco, and Amazon will benefit from the lower tariffs, while the home appliance industry will be severely hit by Trump's tariffs, negatively impacting companies such as Home Depot, Lowe's, and IKEA. Although steel and aluminum tariffs are unaffected, the tariffs on auto parts are "reciprocal." This is good news for automakers like General Motors, Ford, and Toyota. Consumers who paid higher prices on numerous goods may not benefit from the lower tariffs, and there is uncertainty about whether individual importers can obtain tax refunds.$Amazon(AMZN.US)$Costco Wholesale(COST.US)$Ford Motor(F.US)

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