Tag #Tariffs

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foxnews.com
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Trump Tariffs Spark Wall Street Rebound, Congressional Backlash

President Trump's tariffs, imposed to address a $1.2 trillion trade deficit and millions of lost manufacturing jobs, caused a Wall Street rebound as nations negotiated, but sparked bipartisan congressional criticism over their impact on American families and businesses, with concerns ranging from th...

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elmundo.es
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EU to Impose €21 Billion in Tariffs on US Goods

The EU will impose €21 billion in tariffs on US goods in three phases starting April 15th, impacting various products and initially targeting €3.9 billion in US exports, in response to US tariffs on European steel and aluminum; the plan excludes bourbon due to lobbying from France and Italy.

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usa.chinadaily.com.cn
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China Confident Amidst US Tariff Hikes, Seeks EU Cooperation

Chinese Premier Li Qiang voiced confidence in China's economic strength despite new US tariffs on Chinese and EU imports, advocating for open cooperation with the EU to counter US protectionism during a phone call with European Commission President Ursula von der Leyen.

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cbsnews.com
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Trump's NAFTA Factory Closure Claim Challenged by Updated Data

President Trump's claim of 90,000 factory closures since NAFTA is challenged by updated data showing a net loss closer to 70,500 establishments between 1997 and 2022, with many being small facilities; other factors like automation and global competition also contributed to manufacturing job losses.

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abcnews.go.com
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EU Imposes \$23 Billion in Retaliatory Tariffs on US Goods

The EU approved \$23 billion in retaliatory tariffs on US goods in response to US tariffs on steel and aluminum, with implementation starting April 15th and continuing into December, while expressing a preference for negotiation.

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elpais.com
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Trump Tariffs Trigger Global Market Panic

The Trump administration's tariffs have caused global market panic (VIX at 40.88), with analysts warning of widespread economic damage; retaliatory tariffs and negotiations are underway, impacting industries such as coffee where prices have more than doubled, affecting both producers and consumers.

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hu.euronews.com
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Trump Imposes 84% Tariff on All Chinese Imports

President Trump announced an additional 84% tariff on all Chinese imports, starting April 9th, totaling at least 104% due to China's lack of negotiation on trade imbalances. Nearly 70 countries expressed interest in bilateral trade agreements with the US, prioritizing allies and partners. Visits fro...

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smh.com.au
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Musk-Navarro Feud Exposes Trump's Tariff Divisions

Tesla CEO Elon Musk launched a public attack against Donald Trump's trade advisor Peter Navarro over tariffs, revealing divisions within Trump's inner circle and highlighting the impact of tariffs on businesses. The White House downplayed the incident, while Treasury Secretary Scott Bessent reported...

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cbsnews.com
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Musk and Navarro Clash Publicly Amidst Trump's Tariffs

Elon Musk engaged in a public feud with White House trade advisor Peter Navarro on Tuesday, verbally attacking Navarro over his criticism of Tesla's reliance on foreign parts and free trade stance, amidst President Trump's newly announced sweeping tariffs on numerous countries.

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theglobeandmail.com
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Global Trade War Triggers Sharp Market Volatility

This week's dramatic market swings reflect the escalating global trade war; the S&P 500 initially dropped over 10 percent before rebounding sharply after President Trump's decision to temporarily halt reciprocal tariffs, highlighting the unpredictable nature of market responses to trade policy.

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elpais.com
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Trump Triples Tariffs on Chinese Imports

President Trump raised tariffs on Chinese imports to 84%, exceeding China's retaliatory tariffs and tripling tariffs on low-value goods from companies like Temu and Shein, escalating trade tensions.

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npr.org
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Bipartisan Bill Seeks to Curb Presidential Tariff Power

Senators Cantwell and Grassley introduced a bipartisan bill requiring President Trump to notify Congress within 48 hours of imposing tariffs, with Congress having 60 days to approve; Trump threatened a veto, while the bill has uncertain prospects in the House due to slim Republican support.

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Showing 1,441 to 1,452 of 3,273 results