Tag #Tariffs

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Trump's Tariffs Trigger Global Market Uncertainty

President Trump's new tariffs, including a 10% levy on all imports and an additional 10% on EU goods, have caused significant market turmoil, with analysts predicting a 0% US growth rate and potential retaliatory measures from the EU and China.

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nbcnews.com
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Musk Opposes Trump's Tariffs, Advocates for Free Trade Zone

Following President Trump's announcement of expansive tariffs on numerous countries, including a 20% tariff on the European Union, resulting in significant market declines, advisor Elon Musk publicly opposed the tariffs, advocating instead for a free trade zone between Europe and North America.

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cbsnews.com
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Trump's Tariffs Take Effect Amidst Market Turmoil

Commerce Secretary Howard Lutnick confirmed that President Trump's 10% tariffs on all imports, along with increased levies on dozens of countries, will take effect this week, despite sparking the worst week for financial markets since the COVID-19 pandemic and triggering recession fears.

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zeit.de
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US Exempts Russia from Tariffs Amidst Ukraine War Negotiations

The US government has exempted Russia from new tariffs due to ongoing negotiations to end the war in Ukraine, despite imposing tariffs on other countries including the EU and Ukraine; this decision has raised concerns about potential bias towards Russia.

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Peace, Justice, and Strong Institutions
mk.ru
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Cruz Warns Trump Tariffs Could Trigger 2026 Republican 'Bloodbath'

Senator Ted Cruz warned that President Trump's tariffs risk causing a recession and harming the Republican party in the 2026 midterms, while a bipartisan bill seeks to give Congress more control over tariffs amid a $5.4 trillion stock market drop and concerning election results.

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cbsnews.com
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Cantwell Leads Effort to Repeal Tariffs Amid Economic Concerns

Senator Maria Cantwell, along with seven Republican senators, is pushing to repeal the current administration's tariffs due to negative impacts on Washington state's economy, including damage to family farms and increased costs for consumers; various industry groups are also voicing their opposition...

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jpost.com
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Trump's Tariffs Trigger Global Market Crash, Raise Recession Fears

President Trump's announcement of sweeping tariffs, including a 17% levy on Israeli goods, triggered a massive global market crash, wiping out $5 trillion in S&P 500 value and raising recession fears; the policy's long-term implications for Israel and the global economy remain uncertain.

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taz.de
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Trump's Tariffs Spark US-China Trade War, Triggering Global Economic Uncertainty

On Wednesday, Donald Trump imposed high tariffs on imports from 180 countries, including a 54% tariff on Chinese goods, prompting China to retaliate with counter-tariffs and export restrictions on rare earth minerals, potentially causing significant inflation and supply chain disruptions.

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Reduced Inequality
forbes.com
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Navarro Denies Feud with Musk Amid Trump Tariff Fallout

Top Trump trade advisor Peter Navarro denied a feud with Elon Musk over President Trump's tariffs, which have caused billions of dollars in losses for Musk's companies, Tesla and SpaceX, and sparked speculation of Musk's departure from the White House.

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china.org.cn
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China Condemns U.S. Tariff Practices, Vows Continued Global Trade Engagement

China strongly condemned the U.S.'s use of tariffs on Saturday, stating that it violates WTO rules, harms the global economic order, and prioritizes American interests over global cooperation. China pledged to continue opening its market and advocating for multilateralism.

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cbsnews.com
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House Limits Congress's Tariff Power, Sparking Legislative Battle

Rep. Don Bacon (R-NE) criticized the House for limiting Congress's power to modify tariffs on Mexico, Canada, and China, arguing that this action undermines his proposed legislation to restore Congressional authority and that it contradicts past economic lessons on protectionism and fair trade; he a...

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bbc.com
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Trump Tariffs: UK Declares End of Globalization

Following President Trump's new tariffs imposing a 10% import duty on the UK, Chief Secretary to the Treasury Darren Jones declared the end of globalization, while Prime Minister Starmer is considering state intervention to protect UK businesses; negotiations for a trade deal are ongoing.

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Showing 1,597 to 1,608 of 3,285 results