Trump, tariffs and Liberation Day
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Reuters |
The effective tariff on U.S. imports will end up much higher than the 2.5% level at the end of last year.
Reuters |
U.S. President Donald Trump said on Wednesday he authorized a 90-day pause as part of his tariff plan but was also raising the tariff rate for China to 125%, effective immediately.
The New York Times |
The dilemma for Mr. Xi is that looking weak is not an option, but hitting back risks further escalation.
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Trump and officials in his administration were fielding calls from worried allies, and his advisers presented him with worrying data about the bond markets.
7hon MSN
With more and more film productions already moving overseas, any increases to costs will not help woo projects stateside.
Speaker Mike Johnson move to protect Donald Trump's liberation tariffs could become significant if the 90-day pause isn't extended.
The value of the U.S. government's Bitcoin holdings has declined 12% from $17.24 billion to $15.21 billion since Trump's announcement of "reciprocal tariffs."
U.S. President Donald Trump has for weeks pegged April 2 as "Liberation Day", when he plans to impose an array of new tariffs that could upend the global trade system. Tariffs also have big implications for corporate earnings, global growth, inflation and ...
The Senate is headed for another showdown over free trade after Sen. Rand Paul (R-KY) announced legislation to wipe out President Donald Trump’s “Liberation Day” tariffs. Paul is joining Sen. Ron Wyden (D-OR) and five other Democrats to introduce a measure that ends the emergency declaration Trump used to levy a wave of tariffs as
Those moves marked some of the best days ever for these stock indexes, and while positive news about tariffs is welcome, investors still need to stay calm and play the long game. Trump announced the 90-day pause on tariffs from his Truth Social account,
10hon MSN
House Republicans are moving to turn off Democrats’ ability to force a vote on rescinding the sweeping global tariffs imposed by President Trump as part of his “Liberation Day” announcement. Language tucked into procedural rule legislation setting up debate on an unrelated matter — the budget resolution blueprint for Trump’s legislative agenda — removes