The agency had previously drawn up plans to cut roughly 18% to 20% of the 100,000-person workforce by the middle of May.
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Trump administration officials say that tariffs will spur both foreign and domestic companies to expand in the U.S.; lead to more balanced trade with economic allies; reduce the U.S. trade deficit ...
Few details of the announcement are known prior, creating anxiety among the business community and global leaders.
President Donald Trump has been calling April 2 "Liberation Day" as he reportedly plans a new round of tariffs.
The president's long-awaited tariff announcement will come on the same day Trump faces a possible rebuke from the Senate.
President Trump has set a deadline of Wednesday to announce sweeping tariffs ...
President Trump announced the U.S. will impose a minimum baseline of 10% tariffs on goods imported from all foreign countries ...
President Donald Trump is set to announce a barrage of tariffs Wednesday in what he is calling “Liberation Day." ...
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