US EditionTrump’s tariffs are an economic emergency for Americans
- Trump's new tariffs are estimated to lower American economic growth by 0.5 percentage points this year, according to the Budget Lab at Yale.
- Higher tariffs will lead to a 17 percent increase in apparel prices in the U.S., affecting low-income households, who could lose $1,700 annually.
- Senator Chuck Grassley proposed legislation to limit Trump's tariff powers due to concerns over economic management and voters' dissatisfaction with rising prices.
- The tariff rate on Chinese products is nearing 70 percent, prompting retaliatory threats from China's Commerce Ministry against the U.S.
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26 Articles
26 Articles
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Center
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5
Sydney Morning Herald+3 Reposted by 3 other sources
Economic turmoil created by Trump’s tariffs will affect everything from coffee to interest rates
The turmoil caused by Trump’s “Liberation Day” has been more wide-ranging than even the president could have expected. But what does it mean for me?
·Sydney, Australia
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Coverage Details
Total News Sources26
Leaning Left10Leaning Right5Center2Last UpdatedBias Distribution59% Left
Bias Distribution
- 59% of the sources lean Left
59% Left
L 59%
12%
R 29%
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