US EditionAnalysts: Trump tariffs ‘worse than the worst case scenario’ for tech investors
- President Trump plans to impose sweeping new tariffs on imports, expected to raise $6 trillion in federal revenue over the next decade, impacting consumer prices according to several analysts.
- U.S. Secretary of Agriculture Brooke Rollins assured farmers of USDA support as new tariffs are set, which may replicate the damage done during Trump’s first term, where tariffs resulted in $27 billion in lost agricultural exports.
- The tariffs are viewed by some, including the group Advancing American Freedom, as a tax on American consumers and businesses, impacting lower-income families the most.
- According to White House press secretary Karoline Leavitt, the upcoming tariffs aim to bring wealth back to the U.S. By addressing trade imbalances that have negatively affected American industries.
Insights by Ground AI
Does this summary seem wrong?
22 Articles
22 Articles
All
Left
11
Center
2
Right
2
'Even Mike Pence knows': Internet erupts after Trump’s former VP skewers his new tariffs
Shortly after President Donald Trump issued Wednesday’s announcement of new tariffs, four Senate Republicans joined Democrats to extend a lopsided bipartisan rebuke to his trade policy. The Senate adopted a resolution by a 51 to 48 vote to block his proposed tariffs on imports from Canada, a longtime US ally. Now, former Vice President Mike Pence is further infuriating Trump supporters by calling out his new tariffs as “a tax.”Pence cited a stat…
·Washington, United States
Read Full ArticleCoverage Details
Total News Sources22
Leaning Left11Leaning Right2Center2Last UpdatedBias Distribution73% Left
Bias Distribution
- 73% of the sources lean Left
73% Left
L 73%
13%
13%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
