White House clarifies Trump’s tariff on Beijing
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While the stock market rallied Wednesday after Trump paused broader tariffs on foreign imports, registering historic gains, stocks have fallen Thursday amid the continued uncertainty over Trump’s tra...
From Forbes
President Donald Trump has announced a 90-day pause for countries hit by higher US tariffs, but a trade war with China has escalated.
From BBC
In the days following Donald Trump's initial announcement of sweeping tariffs, stock markets across the world plummeted. But on Wednesday evening, after news broke of the 90-day pause, they rallied.
From BBC
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Shares of auto makers Ford and GM in recent weeks have each lost two Buy ratings, and picked up a Sell rating.
Fox News pushed back on Trump's tariff push. He changed course a few hours later.
Elon Musk's little brother called out Vice President JD Vance for his stance on tariffs and how it could impact people like those in 'Hillbilly Elegy'
Exporters at Yiwu International Trade Market were concerned about the effect of President Trump’s tariffs on Chinese goods, but also seemed doubtful the tactic could work for either country in the long term.
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3hon MSN
Trump has used the IEEPA as the legal justification for his tariffs, as the president first levied tariffs on China, Canada and Mexico before issuing—and then paring back —more sweeping tariffs on most foreign goods.
President Donald Trump defended the tariffs he imposed on trading partners but acknowledged some problems in a meeting with his Cabinet on Thursday. "We think we're in very good shape. We think we're doing very well. Again there will be a transition cost, transition problems, but in the end it's going to be a beautiful thing," Trump said.
Imposing tariffs on U.S. imports from the Philippines could affect the U.S. ally's ability to afford U.S. weapons systems and a long-discussed $5.58 billion plan to acquire F-16 fighter jets, Manila's ambassador to Washington told Reuters.
President Donald Trump’s new tariffs threaten to push up prices on clothes, mobile phones, furniture and many other products in the coming months, possibly ending the era of cheap goods that Americans enjoyed for about a quarter-century before the pandemic.