5 surprises from Trump’s sweeping new tariffs
- President Trump unveiled new, expansive tariffs, triggering blowback as reported by CNN.
- Trump implemented tariffs due to long-held beliefs and conversations with CEOs.
- China retaliated with 34% tariffs, and the Dow Jones closed in correction.
- Trump stated his policies would never change for investors in the United States.
- These tariffs risk raising prices and generating economic uncertainty, analysts suggest.
9 Articles
9 Articles
Pres. Trump's tariff math explained
The Trump administration launched a sweeping tariff strategy targeting countries with which the U.S. runs trade deficits. The White House's formula is being used to calculate new import duties, but some economists say it lacks credibility and does not reflect actual trade practices. Experts caution that the move could lead to retaliatory tariffs, disrupt global supply chains and threaten economic growth.
5 surprises from Trump’s sweeping new tariffs
The unveiling of President Trump’s new tariffs included some big surprises as economists and trading partners sifted through which countries were hit the highest rates and who was spared. Questions swirled over the calculations and decisionmaking process within the White House while administration officials and Republicans hit the airwaves to defend the tariffs, urging investors…
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