Trump, tariffs
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The New York Times |
Wall Street tumbled to its worst day since the pandemic yesterday in response to President Trump’s major round of tariffs on U.S. imports, as countries reeling from the blow weighed countermeasures.
U.S. News & World Report |
Asian markets retreated Friday after Wall Street shuddered with a level of shock unseen since the COVID-19 impact tore on Trump's latest set of tariffs' damage on the world's economy.
The Financial Times |
Donald Trump’s tariff offensive convulsed global markets on Thursday, with sectors from banking to tech left reeling from the US president’s bid to remake the global economic order.
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President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.
President Trump just unveiled sweeping tariffs that will reverberate through the US economy, sending inflation higher and weakening economic growth.
President Donald Trump on Saturday told followers on his Truth Social platform to “hang tough” in a post reaffirming his administration’s stance on its sweeping “Liberation Day” tariffs which shook markets this week.
Mr. Trump insists that these actions are his way of standing up for farmers and ranchers. Other nations such as Japan, China and India have charged higher tariffs than the U.S. for importing American farm goods.
4hon MSN
Trump also slammed China, which retaliated against his sweeping tariff policy Friday with a new 34% tariff on U.S. goods.
President Donald Trump has routinely declared tariffs as one of the most beautiful words in the dictionary and has regularly accused foreign countries of ripping off the U.S.
President Donald Trump announced sweeping tariffs on most nations Wednesday, which his administration says will free the United States from relying on other countries for trade. The president has framed these tariffs as “reciprocal” to match trade barriers that other countries impose on products from the U.
All U.S. imports face a baseline 10% tariff, effective Saturday. + Higher rates will apply to partners judged "bad actors" on trade. For example, Japan faces a 24% duty and the European Union faces a 20% levy,
Trump’s tariffs are a non-strategic, “broadly inflationary” tantrum backed by clearly contradictory rationales, according to trade expert Todd Tucker.
The White House had finalized a TikTok divestment deal earlier this week before President Donald Trump’s “Liberation Day” tariff rollout flipped the Chinese government’s position on the issue, the Washington Examiner has learned.
After months of delays, President Donald Trump's contentious tariff barrage is now in effect. It imposes a wide variety of new import duties that are the steepest seen in nearly a century and that affect all of the country's trade partners.