Trump, tariffs
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HuffPost |
“I’m telling you, these countries are calling us up, kissing my ass,” Trump bragged at the National Republican Congressional Committee Dinner in Washington, D.C.
HuffPost |
China has raised tariffs to 84% on goods coming from the U.S. in an additional countermeasure.
RealClearPolitics |
The tariff rates put on the table by Trump are higher than those at any other time in the last century, so it is no wonder we've seen a painful stock selloff, reducing asset values by well over $7 tr...
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Oil prices fell for a fifth day on Wednesday to their lowest since February 2021 after U.S. President Donald Trump's "reciprocal" tariffs took effect, including a 104% duty on Chinese goods, intensifying a global trade war.
Stock and bond markets suffered on Wednesday after President Donald Trump's sweeping tariffs came into effect and China retaliated.
China imposed 84% tariffs on US imports on Wednesday as the trade war between the world's two largest economies continued to escalate. The move follows President Donald Trump's sweeping tariffs against trade partners.
Shares in Asia and Europe have skidded after President Donald Trump's latest tariff hikes took effect and he threatened to add still more.
China was hit with a 54% tariff, for example (although this included some earlier tariffs Trump had ordered). What followed was the worst week the global stock market has experienced since the Covid pandemic. The three major US indexes slumped, falling more than 5%. Some Asian stocks are having their worst drop in decades.
President Donald Trump just ignited a direct showdown with the one nation that might be able to beat the United States in a trade war. Trump’s escalation against China — which is about to face tariffs of at least 104% on goods entering the US — is the most serious pivot yet in his global tariff onslaught and has the most potential to inflict severe blowback on American citizens in soaring prices.
John Bolton issued a warning Tuesday about why he believes Donald Trump’s tariffs are a “form of economic illiteracy” that will actually present “a huge opportunity for China worldwide.” “Trump has no idea really what he’s talking about,
President Donald Trump’s reciprocal tariffs have gone into effect, increasing import taxes that will raise the prices of most things Americans buy.
Despite rattled financial markets, threats of retaliation and some of President Donald Trump’s biggest supporters encouraging him to back off his signature economic policy, he didn’t give in. His administration piled on heaps of new “reciprocal” tariffs Wednesday on dozens of American allies and adversaries alike,
Global stocks are in turmoil and bond yields are spiking after President Donald Trump's "Liberation Day" tariffs went into effect, with Chinese imports facing a 104% levy.