Trump: 50 percent tariff could be needed to boost U.S. manufacturing

A 10 percent tariff might not be enough to convince companies to move manufacturing to the U.S., former President Trump said on Tuesday, suggesting tariffs on U.S. imports might have to be set as high as 50 percent in some cases. Trump has campaigned on a plan to impose tariffs of 10-20 percent on all U.S. imports and a 60 percent tariff on all imports from China. During a Tuesday interview at the Economic Club of Chicago , the Republican...