Trump, tariffs
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The Wall Street Journal |
“All the instruments are on the table,” Macron said at the Elysée Palace on Thursday, mentioning the possibility of retaliatory tariffs and “a response on digital services of the U.S. that are very pr...
U.S. News & World Report |
The Trump administration is considering revoking tariff exemptions for low-value shipments from China as part of Wednesday's tariff announcement, a source familiar with the plans said.
The Financial Times |
Economists and analysts said the measures could sharply reduce China’s GDP growth this year, and push Beijing to rebalance its economic model radically from manufacturing towards domestic consumption...
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Trump set to announce new tariffs on Apr. 2
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Seeking Alpha |
Treasury Secretary Scott Bessent confirmed that China will get a 54% cumulative tariff rate (the 20% tariff rate that was introduced earlier will be combined with 34% reciprocal tariffs).
BBC |
President Trump unveiled new tariffs on imports to the US which will form a central part of his government's new trade policy.
USA Today |
If the new tariffs go into effect as scheduled, imports will become more expensive.
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Treasury Secretary Scott Bessent said the "Liberation Day" tariffs could be the high-water mark if countries don't retaliate.
Canada will match President Trump’s auto tariffs with 25% tariffs of its own on U.S. vehicles that are not compliant with the U.S.-Mexico-Canada trade pact, Prime Minister Mark Carney said on Thursday.
Canadian Prime Minister Mark Carney said the country will impose a 25% retaliatory tariff on all vehicles manufactured in the U.S. that don’t comply with USMCA standards or have non-Canadian content of USMCA-compliant vehicles from the U.
Amid market uncertainty following newly announced tariffs, many countries are expected to announce retaliatory tariffs on products imported from the United States. FOX 9's Hannah Flood has the latest.
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After incorporating President Donald Trump’s latest tariffs, the average effective US rate will soar to 22.5% – its highest level since 1909, according to a new report.
The U.S. and global markets have already started to feel the impact of Trump’s tariffs, with the U.S. stock market taking the worst hit thus far. The Wall Street slump and global dip in stocks have sparked fresh fears in economists and concerns as to whether the U.S. is heading into a recession.
Canada's move is a direct retaliation to Donald Trump's tariff impose, Canadian PM Carney's decision further escalates trade tensions between the two nations.
The European Union is dialing back the pace of its planned retaliation against U.S. steel and aluminum tariffs, a senior official said Thursday. The move comes after U.S. Treasury Secretary Scott Bessent warned trading partners might risk still higher levies if they retaliate.