Tag #Trade War

foxnews.com
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Carville Slams Trump Tariffs, Alford Defends Them as Necessary Sacrifice

Veteran Democratic strategist James Carville reacted angrily to the economic consequences of President Trump's tariffs on goods from Mexico, Canada, and China, suggesting the president's policies are economically nonsensical and potentially motivated by anti-American sentiment; Representative Mark A...

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cbsnews.com
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Trump Tariffs Trigger Stock Market Drop, Raising Retirement Savings Concerns

President Trump's new tariffs on imports from Mexico, Canada, and China caused a 3% drop in the S&P 500 this week, prompting concerns about the impact on retirement savings and the broader U.S. economy; some analysts predict increased inflation and decreased economic growth.

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bbc.com
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Trump Tariffs Pose Substantial Risks to UK Economy

Bank of England experts warn that US President Trump's tariffs could negatively impact UK consumer spending and economic growth by decreasing exports and potentially disrupting supply chains, creating substantial risks to the UK and global economies.

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theglobeandmail.com
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Trade War Impacts Global Markets, Threatens Canadian Economy

The trade war is causing global stock market declines, as seen in the falling S&P 500, prompting investors to seek safety in bonds, lowering yields. Simultaneously, Canada faces potential job losses and a housing market slowdown.

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forbes.com
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Trump Grants One-Month Tariff Reprieve to U.S. Automakers

President Trump temporarily exempted U.S. automakers from a 25% tariff on Canadian and Mexican vehicles for one month, but reciprocal tariffs will begin April 2nd, potentially increasing vehicle prices by thousands of dollars and significantly impacting sales.

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theglobeandmail.com
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US-China Trade War: American Parents to Bear Brunt of Increased Toy Prices

The escalating U.S.-China trade war has imposed a 20 percent tariff on Chinese toys, impacting 80 percent of the U.S. market and significantly increasing prices for American consumers; companies are exploring cost-cutting and supply chain shifts to mitigate the impact.

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npr.org
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Canadian Tourism Boycott Threatens U.S. Economy

President Trump's trade policies targeting Canada have prompted a significant backlash among Canadian travelers, resulting in widespread cancellation of U.S. trips and causing concern within the American tourism industry, which relies heavily on Canadian visitors who spent \$20.5 billion in the U.S....

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theguardian.com
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Trump Halts Mexican Tariffs, Maintains Pressure on Canada

President Trump temporarily suspended tariffs on most Mexican goods until April 2nd due to a strong relationship with President Sheinbaum and ongoing border security cooperation, but maintained tariffs on Canadian goods, despite warnings from businesses and consumer groups of significant economic da...

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usa.chinadaily.com.cn
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Trump Grants One-Month Tariff Exemption to US Automakers

President Trump granted a one-month tariff exemption to Ford, General Motors, and Stellantis on auto imports from Mexico and Canada, despite the March 4th implementation of a 25% tariff under the USMCA; reciprocal tariffs will resume April 2nd, potentially impacting jobs and GDP.

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nbcnews.com
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Retaliatory Tariffs Result in Removal of U.S. Liquor from Canadian Stores

In response to the Trump administration's 25% tariffs on Canadian and Mexican goods, Canada and Mexico retaliated with their own tariffs, leading to the removal of U.S. liquor from Canadian stores and impacting U.S. businesses and potentially 31,000 American jobs according to the Distilled Spirits C...

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cnn.com
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Trump's Tariffs Risk Trade War, Lowering US GDP Growth Forecast

President Trump's new tariffs on the US's three largest trading partners, impacting 43% of US imports, risk immediate economic harm and a potential trade war; economists predict supply chain disruptions, shortages, price increases, and financial market volatility, lowering the US GDP growth forecast...

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aljazeera.com
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Trump Imposes Tariffs on Canada, Citing Fentanyl; Canada Retaliates

President Trump imposed 25% tariffs on Canadian and Mexican goods on Tuesday, citing insufficient action on fentanyl trafficking; Canada responded with retaliatory tariffs, filing a WTO complaint, and asserting the tariffs violate the USMCA.

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