Donald Trump, tariffs
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China faced a deadline Tuesday to roll back the reciprocal tariff it imposed on the U.S. or face an additional 50% levy on all goods the trading giant ships to the United States as the global tariff w...
From USA TODAY
Trump has threatened China with an extra tariff of 50% on goods imported into the US if it does not withdraw a countermeasure it announced on Friday.
From BBC
The Australian stock market plunged on Monday as the impact of the Trump administration’s tariffs hit investor sentiment.
From The Financial Times
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Retailers rely on Cambodian factories, which were just hit with a 49% tariff rate by Trump. A trade group says that manufacturing will not return to the U.S.
China says it will “fight to the end” after President Donald Trump threatened an additional 50% tariff on Chinese imports.
"It would be a mistake to think that China will back off and remove tariffs unilaterally," says Alfredo Montufar-Helu, a senior advisor to the China Center at The Conference Board think tank. "Not only would it make China look weak,
Wall Street's top minds aren't happy about Trump's latest tariffs, which have fueled the worst stock sell-off since 2020.
China is refusing to back down from U.S. President Donald Trump's "blackmail," as a global trade war sparked by the president's new tariffs continues.
The tariffs Trump has just announced will be paid for by the businesses which import goods into the US. Clarissa Hahn, economist at Oxford Economics, says this means that the initial impact of price rises will be on US consumers, as American firms are likely to pass on the extra costs to their customers.
MAGA senator John Kennedy said Americans “don’t care” that President Trump high-tailed it to the golf course after his tariffs rocked international markets. Trump spent a long weekend in Florida, attending a Saudi-backed LIV golf event at his Doral Golf Club as stock markets tanked after his decision to impose import tariffs of at least 10 percent on America’s trading partners.
Tech-billionaire and Tesla CEO Elon Musk made direct yet unsuccessful appeals to U.S. President Donald Trump to reverse tariffs over the past weekend, Washington Post reported on Monday citing two people familiar with the matter.
5hon MSN
"Through his tariff strategy, Trump has implemented a structural, permanent tax on the American consumer," Kimbal Musk said.