Trump 'Liberation Day' Tariffs
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If the tariffs are maintained by the Trump administration and if other nations impose retaliatory tariffs, both the U.S. and other countries "will suffer serious recessions," said Mark Zandi, chief e...
From CBS News
Wednesday was “Liberation Day,” the start of a multifront trade war President Donald Trump is waging against nearly all of our trading partners.
From The Washington Post
His plan, if fully implemented, will return the United States to the highest tariff duty as a share of the economy since the late 1800s, before the invention of the automobile, aspirin, and the incan...
From The Atlantic
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In a YouGov poll conducted shortly after Trump’s “Liberation Day” announcement, 51% of respondents said they either strongly (40%) or somewhat (11%) disapproved of the new tariffs. In contrast, about one-third of respondents, 34%, said they either strongly (15%) or somewhat (19%) approve of the new policy.
U.S. stocks plummeted by market close on Friday as President Donald Trump’s sweeping tariffs continue to rattle markets across the
17hon MSN
Vietnam had a trade surplus of $123.5 billion with the U.S. last year, leading analysts to warn earlier this year that the country was most at risk. Hanoi had tried to win itself a reprieve by preemptively cutting import duties in the lead-up to April 2.
If the average tariff rate passes 20%, that could push the US into stagflation territory and give the economy a growth shock, Citi says.
China announced that it will impose reciprocal tariffs on all United States imports. Who pays these taxes? Will it affect you?
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