Trump, Tariffs
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Newsweek |
Most economists agree the tariffs are likely to cause short-term consequences for Americans, who may face higher prices or an economic slowdown.
U.S. News & World Report |
President Donald Trump is placing steep new tariffs on virtually all U.S. trading partners, stoking fears of rising prices for consumers and deepening trade wars.
The Washington Post |
But now they are determining policy that will increase the costs of goods for many Americans.
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When President Donald Trump announced his controversial tariffs on virtually every trading partner in the world, he repeatedly called them "reciprocal" -- a response, he said, to those nations that had hit the U.
Mr. Trump insists that these actions are his way of standing up for farmers and ranchers. Other nations such as Japan, China and India have charged higher tariffs than the U.S. for importing American farm goods.
Few areas were spared in the stock market’s huge selloff this week, with all 11 of its sectors ending in the red after President Trump unveiled his dramatic tariff plans. Banks and private-equity firms were among the biggest losers.
Wall Street had its worst week since 2020 as markets brace for the potentially devastating impact of President Trump's tariffs.
With financial markets roiling as President Donald Trump unveiled his latest tariffs this week, the economy has been top of mind for many retirees.
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After China announced new retaliatory measures against the United States, President Trump responded that Beijing “PLAYED IT WRONG.”
U.S. stocks continued their plunge in early trading on Friday, just hours after China announced retaliatory tariffs in response to President Donald Trump's "Liberation Day" levies. The Dow Jones Industrial Average plummeted 1,
President Donald Trump on Friday is expected to extend the deadline for TikTok to find a U.S. buyer or face a ban, according to a person familiar with the plans.
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The Wall Street Journal editorial board, Daily Wire’s Ben Shapiro and some voices on Fox News have expressed concern about higher prices for Americans.