Trump, tariff
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President Trump announced new tariffs on imported goods, citing a "national emergency" caused by foreign trade practices.
From USA TODAY
President Donald Trump defends his reciprocal tariffs plan as an 'America first' move.
From Fox News
The tariffs sent global markets plunging and is expected to have a drastic impact on U.S. consumers and industries.
From Time
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President Donald Trump announced new tariffs, imposing a 10% baseline tax on most imports, with increased rates for nations with trade surpluses. Notable exceptions include Canada and Mexico due to existing agreements.
Donald Trump's latest round of tariffs had two notable omissions: Mexico and Canada. But the two nations are still subject to preexisting tariffs.
Prime Minister Mark Carney of Canada has announced reciprocal tariffs on U.S.-made vehicles as President Donald Trump's sweeping tariffs went into effect, sending shockwaves through the global financial system.
Carney said the tariff’s will target all vehicles that are not compliant with the US-Mexico-Canada trade deals.
These reciprocal tariffs will come into effect ... 25 percent tariffs on all goods imported from Mexico and Canada. Those tariffs were suspended for a month after negotiations between Trump ...
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The escalating tensions rattled financial markets for a third straight day, with major indices sliding on fears that the growing protectionism in the world’s largest consumer economy could tip global growth into recession.
There are countless opinions on the allegedly flawed basis used in arriving at the reciprocal tariff rates. There are serious concerns over the domino effect.
President Donald Trump rolled out dozens of international tariffs on April 2 ranging from 10% to 50%, sending shock waves through the stock market and around the world., Cambodia faces a 49% tariff, Loas has a 48% tariff, Vietnam has been levied with a 46% tariff and Thailand, 37%.