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Trump, tariff and Global Trade War

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The U.S. recycled materials industry is a net exporter and supports nearly 600,000 jobs nationwide, helping reduce the U.S. trade deficit, according to the Recycled Materials Association.
From USA TODAY
President Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he’d imposed barely 13 hours earlier on dozens of countries while esc...
From U.S. News & World Report
The temporary reprieve from global tariffs sparked a historic surge on Wall Street, but uncertainty remains on Main Street.
From USA Today

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Chaos of Trump tariff war throws US recycling industries into uncertainty
“The Erie Regional Chamber is frustrated by the financial pressure building due to economic uncertainty at the federal level, which IRG cited as the reason to cancel plans for its Erie plastics recycling plant project," Brandon Mendoza, CEO of the Erie Regional Chamber and Growth Partnership, said in a statement.
Trump's Latest Tariffs Loom, Set to Deepen Global Trade War
Trump's punishing tariffs have shaken a global trading order that has persisted for decades, raised fears of recession and driven worldwide stocks sharply downward. The S&P closed below 5,000 for the first time in nearly a year on Tuesday and is nearing a bear market,
Trump figuring out next steps in global tariff battle
In the aftermath of Wednesday’s tariff whiplash, President Donald Trump is deciding exactly what he wants out of trade talks with as many as 75 nations in the coming weeks.
Another U-Turn: Trump Reverses Tariffs That Caused Market Meltdown, but Companies Remain Bewildered
President Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he’d imposed barely 13 hours earlier on dozens of countries while esca
In stunning U-turn, Trump walks back some tariffs, triggering historic market rally
In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.
Why Trump Backed Down on Tariffs
From the daily newsletter: how turbulence in the bond market likely inspired the Administration’s change of course.
What Trump's 90-day tariff pause means for your wallet
President Donald Trump is pausing reciprocal tariffs but escalating the trade war with China. What it means for your wallet.
The Latest: Treasury secretary says Trump will keep 10% import tariff, raise import tax on China
President Donald Trump shared on Truth Social that he has “ authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%.” Trump also raised the tax rate on Chinese imports to 125%.
What Trump has said about tariffs as stock market reacts
As markets tumble and fears grow over a global trade war in response to President Trump's tariffs, he has advised Americans to "be strong" and "hang tough."

China imposes further retaliatory tariffs on US

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China and the European Union are fighting fire with fire by upping their tariffs on U.S. goods.
From IJR
Gold prices extended gains on Thursday, driven by an escalating trade war between the United States and China, even after President Donald Trump announced a 90-day pause on tariffs for other countries...
From Reuters

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China, EU Hit US With Retaliatory Tariffs
China and the European Union are fighting fire with fire by upping their tariffs on U.S. goods. These retaliation levies
China retaliates to US tariffs
China retaliated to US tariffs with a 84% levy on American goods. How has the US bond market been reacting to the news of Chinese tariffs? Russ Mould from investment firm AJ Bell
China imposes further retaliatory tariffs on US in tit-for-tat move
The tariff conflict between the United States and China intensified on Wednesday, with Beijing matching further US tariffs of 50% in a tit-for-tat move. Beijing's initially planned special tariffs of 34% on all US imports are now to be 84%,
Gold prices extend gains as US-China trade war escalates
Gold prices extended gains on Thursday, driven by an escalating trade war between the United States and China, even after President Donald Trump announced a 90-day pause on tariffs for other countries.
US stocks skyrocket higher after Trump signals shift in trade policy
US stocks skyrocketed higher Wednesday after President Donald Trump announced that he authorized a 90-day pause on the “reciprocal” tariffs that went into effect at midnight, with the exception of China.
U.S. stock futures fall after sharp rally on Trump tariff reversal
U.S. stock index futures fell on Thursday, a day after an eye-watering rally set off by U.S. President Donald Trump's move to temporarily lower the heavy tariffs on dozens of countries, while raising the levies on China.
Bar removes US-made products in tariffs 'protest'
He said tariffs would encourage US consumers to buy more American-made goods, increase the amount of tax raised and lead to huge levels of investment in the country. Trump wants t
US off-price chains poised to win as tariffs play to strengths in sourcing, inventory
Aggressive tariffs on China-made clothes, bags and shoes by U.S. President Donald Trump could benefit off-price retailers such as TJ Maxx and Ross who rely on expansive sourcing strategies and inventory management.
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The United States and China are locked in a faceoff over tariffs. No one wants to blink first
The tariff fight between the world’s two largest economies has spiraled into greater peril. President Donald Trump is now trying to narrow his global trade war into a risky direct faceoff with Beijing.
EU Votes on New Tariffs for List of US Goods Today
Newsweek has contacted the EU for a full list of U.S. goods it plans to hit with new trade taxes. Trump hit EU imports with a 20 percent tariff on April 2, claiming the EU already had tariff measures against the U.S. that equated to 39 percent. This came after he imposed 25 percent tariffs on auto imports, as well as aluminum and steel.
Exclusive: Chinese sellers on Amazon to hike prices or exit US as tariffs soar
Chinese companies that sell products on Amazon are preparing to hike prices for the U.S. or quit that market due to President Donald Trump's tariff hikes.
Trump drug tariffs would drive up prices, worsen shortages before any boost to US manufacturing, experts warn
Major” tariffs on pharmaceutical imports are coming soon, President Donald Trump says, pledging that they’d help bring drug manufacturing back to the US while lamenting that other countries pay much lower prices for the same medicines.
Trump tariffs won't entice companies to expand US manufacturing, economic experts warn
Economic experts warn that the president's worldwide tariffs would not disincentivize firms from opening up manufacturing in the U.S. because of the major instability.
US Virgin Islands Is Exempt From Imposing Tariff Due to Quirk of History
The US Virgin Islands is eyeing an opportunity to benefit from President Donald Trump’s dramatic attempt to reorder global trade by trying to exploit its unique status within the US.The US Virgin Islands,
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