Tag #Tariffs

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Trump's Tariff-Tax Claim: Economists Debunk the Assertion

President Trump asserts that new tariffs, already impacting businesses with increased import duties of 145% (China) and 10% (other nations), will lower or eliminate income taxes for those earning under $200,000; however, economists refute this, citing insufficient revenue generation from tariffs to ...

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theguardian.com
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US Seeks Talks With China on Trump-Era Tariffs

The US has initiated talks with China to resolve the 145% tariffs imposed by the Trump administration, despite China's initial strong opposition. While Beijing publicly maintains a defiant stance, it has quietly exempted certain US products from retaliatory tariffs, suggesting a potential willingnes...

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40% Bias Score

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edition.cnn.com
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Tariff Fears Drive US Consumer Spending Surge

Fueled by tariff fears, US consumer spending jumped 0.7% in March 2019, the largest monthly gain in over two years, driven by durable goods purchases, particularly automobiles; however, this surge might precede a period of economic uncertainty.

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40% Bias Score

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npr.org
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Trump's First 100 Days: Deportations, DOGE, and Economic Uncertainty

During his first 100 days, President Trump implemented policies aligning with the Heritage Foundation's Project 2025, including mass deportations, resulting in the mistaken deportation of a Maryland man despite a court order, and the creation of DOGE, which claims $160 billion in savings but faces a...

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Peace, Justice, and Strong Institutions
theguardian.com
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Trump Hints at Tariff Reprieve for Pharma

President Trump hinted at delaying pharmaceutical import tariffs, offering companies time to relocate production to the US before facing levies; this follows similar actions in other sectors and comes as the industry braced for 25% tariffs as early as next week.

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abcnews.go.com
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Jobless Claims Surge to Two-Month High Amidst Economic Slowdown

U.S. jobless claims unexpectedly jumped to 241,000 for the week ending April 26, the highest level in two months, exceeding analysts' predictions and adding to concerns about a tariff-induced economic slowdown following a 0.3% GDP decline in the first quarter; federal government layoffs are also con...

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forbes.com
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Amazon Earnings Preview: Tariffs and White House Dispute in Focus

Amazon will release its first-quarter 2025 earnings on Thursday, with investors focused on the company's response to President Trump's tariffs, following a brief dispute between Amazon and the White House over displaying tariff costs. Amazon's stock price increased by 3% on Thursday.

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welt.de
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US Tariffs and Economic Uncertainty Hit Major Corporations

US trade policies and economic uncertainty negatively impact major corporations: GM's profit forecast decreased by $4-5 billion due to tariffs; Harley-Davidson withdrew its 2025 financial outlook due to global tariff uncertainty and macroeconomic conditions; and McDonald's reported a 1% decline in s...

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us.cnn.com
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Trump's Shifting Economic Messaging Amidst Tariff-Induced Price Hikes

President Trump's 101st day in office saw a shift in economic messaging as he acknowledged potential price increases on consumer goods due to his tariffs, while simultaneously blaming his predecessor for the current economic state.

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No Poverty
edition.cnn.com
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US Tariffs on Chinese Goods Hike Prices on Temu and Shein, Hitting Low-Income Consumers

Increased tariffs and the expiration of a duty-free exemption on Chinese imports are causing price hikes on Temu and Shein, disproportionately impacting lower-income Americans who relied on these platforms for affordable goods, forcing them to cut back on spending.

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48% Bias Score

No Poverty
cnn.com
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Trump's Tariffs Trigger Economic Slowdown in First 100 Days

President Trump's first 100 days in office saw a significant economic slowdown, marked by decreased growth, weak job numbers, and stock market declines, prompting advice for individuals to prepare for potential economic downturn.

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npr.org
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Macomb County: Economic Uncertainty Amidst Political Divisions

Macomb County, Michigan, a key swing county with a strong manufacturing base, faces economic uncertainty due to President Trump's tariffs, with manufacturers adopting a wait-and-see approach despite some auto worker support for the policy.

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44% Bias Score

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Showing 1,729 to 1,740 of 4,150 results