Tag #Import Tariffs

forbes.com
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Trump's Tariffs to Hike Consumer Goods Prices

President Trump's newly implemented tariffs on Canadian, Mexican, and Chinese imports are expected to increase prices on various consumer goods, including cars (\$3,000 average increase), gas (up to 40 cents per gallon), and lumber (over \$600 per thousand board feet), impacting U.S. consumers signi...

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52% Bias Score

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us.cnn.com
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Trump's Lumber Tariffs Exacerbate US Housing Crisis

President Trump imposed a 25% tariff on Canadian lumber imports, exacerbating the US housing affordability crisis by raising construction costs; the US imports 30% of its softwood lumber from Canada, and the tariff adds to existing duties, potentially increasing costs by $3-$4 billion.

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40% Bias Score

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dw.com
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Turkey Announces 2025 Minimum Wage, Excise Taxes, and Regulatory Changes

Numerous regulations, including a new minimum wage of 22,104 Turkish lira annually (866.85 lira daily), new excise taxes on imported electronics, increased administrative fines, and adjusted notary fees, were published in Turkey's Official Gazette, effective January 1, 2025.

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8% Bias Score

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nos.nl
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Trump's Import Tariffs: Higher Prices for American Consumers

President Trump's use of import tariffs as a negotiating tool against China, Mexico, Canada, and the EU increases prices for American consumers while aiming to reduce drug and migrant flows and boost domestic production, but economists dispute its long-term effectiveness.

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36% Bias Score

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europe.chinadaily.com.cn
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China to Reduce Import Tariffs on 935 Goods in 2025

China announced it will reduce import tariffs on 935 goods starting January 1, 2025, including raw materials for the petrochemical industry and medical supplies, to boost domestic demand, advance high-standard opening up, and improve healthcare access, while raising tariffs on some goods like batter...

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44% Bias Score

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welt.de
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US Art Market Shows Resilience Despite Trump's Return

Following the US election resulting in Donald Trump's second term, the international art market shows mixed signals: a $121.2 million Magritte sale contrasts with overall lower auction results; Art Basel Miami Beach reports strong sales, but concerns remain about potential import tariffs and arts fu...

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36% Bias Score

Reduced Inequality