Trump, Trade War
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Wednesday’s so-called “Liberation Day” unveiled sweeping tariffs on countries that far exceeded some of the worst case projections originally mapped out by some economists, leaving the world stunned.
From Inc
The United States has steered an economic order for 75 years based on trade and trust, making the country the world’s financial superpower.
From The New York Times
European shares tumbled on Thursday, notching their biggest daily loss in eight months, on fears an escalating trade war would slam the brakes on economic growth in the wake of hefty tariffs announced...
From Reuters
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Donald Trump, tariffs
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Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles.
From KCCI 8 News
President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what other assess as trade penalties on American goods.
From Seattle Times
Governments around the world pledged counter measures on the U.S. after President Donald Trump unveiled on Wednesday a new baseline 10% tariff on goods from all countries plus reciprocal tariffs on th...
From Reuters
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US President Donald Trump has announced a significant 46% tariff on Vietnamese imports, effective April 9, 2025, affecting industries from apparel to toys. This decision raises concerns for consumers facing potential price hikes amidst ongoing inflation.
7h
OK Magazine on MSNDonald Trump Called Out for Using 'Fraudulent Data' and Misinformation to Justify Widespread Tariffs on Foreign GoodsPresident Donald Trump announced sweeping tariffs on all imports into the U.S. on Wednesday, April 2. The administration is starting with a baseline tariff of 10 percent on all foreign goods, with higher tariffs targeted at specific countries.
China will have no choice but to retaliate,” one analyst said, adding that it would be “carefully calibrated so that it is more or less in line with the other countries’ responses.”
Vietnam, in a race to head off possible new US tariffs, announced it slashed import levies on a range of products, including liquefied natural gas and automobiles, according to a statement on the government’s website.
16hon MSN
With a lower tariff of 26% levied on Indian products compared to 34% and 46% on China and Vietnam, respectively, initial assessments suggest a favourable position for India.
President Donald Trump’s rollout of reciprocal tariffs on April 2 has sent international stocks lower, with exchange-traded funds targeting equities in China, Vietnam and Europe under selling pressure.
Here’s what to know about U.S. trade with the countries hit hardest by Trump’s so-called “reciprocal” tariffs.
The world’s largest footwear and apparel companies are facing a shock to their supply chains after President Donald Trump announced new tariffs on Vietnam and other critical production hubs.