US EditionTrump’s new tariffs place even more stress on Minnesota farm economy
- The latest U.S. Trade tariffs, including a 25% auto tariff, will further weaken a world economy recovering from pandemic inflation.
- The tariffs will affect national economies differently, with rates ranging from 10% for Britain to 49% for Cambodia, impacting stock markets and encouraging bond and gold investments.
- Japan and South Korea, facing reciprocal tariffs of 24% and 25% respectively, are planning emergency measures to help businesses.
- Experts warn that the tariffs could destabilize the global free trade order and harm economic performance worldwide.
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Winona Daily News
Winona Daily NewsTrump’s new tariffs place even more stress on Minnesota farm economy
Counter-tariffs targeting American agriculture exports are expected to resurface just as they did in the 2018 and 2019 trade war, which cost farmers $27 billion in lost exports.
·Minneapolis, United States
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ANALYSIS-Trump tariffs pile stress on ailing world economy
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·New Hampshire, United States
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Leaning Left2Leaning Right1Center2Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
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