Donald Trump is set to unveil a plan that could effectively end decades of economic globalization, potentially launching a universal tariff on all imports into the USA.

Every time Donald Trump has discussed his plan to levy massive tariffs on imports, there have been widespread assumptions of delay, reduction, or rollback. However, today he will reveal the seriousness of his intentions in the White House Rose Garden.

The potential of a 20% universal tariff is seen as the only way to achieve the massive revenues claimed by some of his advisors. This could involve broadly bracketed tariff levels across different countries.