Liberation Day, Tariff
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CBS News |
Stocks soared after Mr. Trump's April 9 announcement, with the S&P 500 gaining 8.4% in afternoon trading and the Dow Jones Industrial Average surging 7%.
The Boston Globe |
As Trump reversed his larger “reciprocal” tariffs on most of the world in the face of recession fears, he nonetheless hiked his tariffs on China once again.
ABC |
President Donald Trump on Thursday said he would return to the higher tariff rates announced last week if he can't reach a deal with trading partners during the 90-day pause he announced on Wednesday.
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Trump pauses steeper tariffs for most countries
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New York Post |
Bessent suggested that a golden opportunity lay before Trump to permanently reform and improve conditions for US companies that manufacture and export goods overseas.
U.S. News & World Report |
With higher U.S. tariffs postponed by 90 days, European Union finance ministers will brainstorm on Friday how to use that time to get a trade deal with Washington and how to coordinate their efforts ...
BBC |
Trump nearly doubled duties on Chinese imports, which had been set at 54% last week, in response to counter-tariffs announced by Beijing.
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The Trump administration’s latest trade offensive is underway as Customs and Border Protection (CBP) begins enforcing “Liberation Day" tariffs, pulling in more than $200 million a day.
Trump's "Liberation Day" makes even Joe Biden's $400 billion ... far from clear that the IEEPA authorizes the use of tariffs, that we have an emergency here, or that there is any "unusual and ...
Chinese leader Xi Jinping said there were no winners in a trade war, in his first public comments on the matter since President Trump’s “Liberation Day” announcement last week. “There are no winners in a tariff war.
It's been one of the most chaotic stretches for US markets in recent memory. And the massive surge in long-term Treasury yields has served as yet another example of the bizarre trading action in the aftermath of President Trump's tariff-fueled "Liberation Day.
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Trump has championed his tariffs despite a historic selloff across U.S. markets, claiming his levies would bring in “billions.”
Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised the tax rate on Chinese imports to 125%. It was seemingly an attempt to narrow what had been an unprecedented trade war between the U.