Trump, Tariffs
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The next day, President Donald Trump raised tariffs on imports from China to 54 percent.
From The Washington Post
As part of a sweeping global tariff plan, President Donald Trump set tariffs at 104% on Chinese goods, which went into effect on April 9.
From USA Today
Trump said Wednesday he will pause reciprocal tariffs for 90 days to more than 75 U.S. trading partners except for China, whose tariff rate he said will increase to 125%, effective immediately.
From USA Today
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15hon MSN
A stock-market swoon, or even a recession, might not frighten him, but the prospect of a 2008-style meltdown apparently still does.
The UK's FTSE 100 is up 6%, but Donald Trump's universal 10% levy for all countries, except China, remains in place.
As Trump leaves China alone in facing high U.S. tariffs, Beijing says "the door to talks is open," but dialogue must come with "mutual respect."
What are tariffs and why are they affecting the stock market? Here's what you need to know about what's happening.
Treasury Secretary Scott Bessent helped persuade the president to take some time and negotiate with trading partners in the face of pressure from business leaders.
The S&P 500 rose 9.5 percent after President Trump announced he would pause his “reciprocal” tariffs for 90 days, but economists warned that American importers were not out of danger.
Trump announced a 90-day tariff reduction to 10% for most countries but further jacked up the tax rate on Chinese imports to 125%.
President Trump said during an event Tuesday that chipmaker TSMC pledged an additional $100 billion to build semiconductors in the U.S. after he threatened the company with tariffs of up to 100%. The company had already pledged $65 billion to make chips in the U.
18hon MSN
Just days after the president insisted that his trade tariffs were “here to stay” and would “never change," the president announced an unexpected pause.
President Trump’s trade war is lowering oil prices, which could prove more damaging to the Russian economy than the penalties the United States and its allies have already imposed.
Trump announced a 90-day pause on most reciprocal tariffs, while simultaneously escalating his trade war with China with a 125% tariff on their goods.
As Trump’s trade war roils the world, the many free traders in his own party are taking the path of appeasement.