Tag #Trump Tariffs

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abcnews.go.com

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May 2, 13:18

US Job Growth Slows Amidst Trump Tariff Uncertainty

The April jobs report revealed 133,000 jobs added, a sharp decrease from the previous month, following a 0.3% GDP decline in Q1 2025, largely attributed to President Trump's fluctuating tariff policies that initially caused a major stock market drop and then a significant surge.

US Job Growth Slows Amidst Trump Tariff Uncertainty

The April jobs report revealed 133,000 jobs added, a sharp decrease from the previous month, following a 0.3% GDP decline in Q1 2025, largely attributed to President Trump's fluctuating tariff policies that initially caused a major stock market drop and then a significant surge.

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What is the immediate impact of President Trump's tariff actions on key economic indicators like job growth and GDP?

The April jobs report, released on Friday, showed 133,000 jobs added, a significant slowdown from March's 228,000. This follows a 0.3% decline in GDP during the first quarter of 2025, partly due to President Trump's tariff actions. The slowdown reflects the economic uncertainty caused by the tariff fluctuations.

foxnews.com

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May 1, 04:13

Senate Fails to Overturn Trump's "Liberation Day" Tariffs

The Senate failed to reject President Trump's "Liberation Day" tariffs by a 49-49 vote, with Vice President Vance breaking the tie. Three Republican senators joined all present Democrats in opposition, while key absences influenced the outcome. A subsequent motion to prevent further votes also passe...

Senate Fails to Overturn Trump's "Liberation Day" Tariffs

The Senate failed to reject President Trump's "Liberation Day" tariffs by a 49-49 vote, with Vice President Vance breaking the tie. Three Republican senators joined all present Democrats in opposition, while key absences influenced the outcome. A subsequent motion to prevent further votes also passe...

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Which senators opposed the tariffs, and what arguments did they raise against the President's trade strategy?

The vote reveals significant Republican opposition to Trump's tariff strategy, despite the ultimate failure to overturn them. Sens. Murkowski, Collins, and Paul's dissent signals potential long-term challenges for the administration's trade policy, especially given concerns raised by other Republicans. The narrow margin underscores the political risk associated with the tariffs.

foxnews.com

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May 1, 04:13

Senate Fails to Overturn Trump's "Liberation Day" Tariffs

The Senate failed to reject President Trump's "Liberation Day" tariffs in a 49-49 tie, with Vice President Vance's tie-breaking vote upholding them; three Republicans joined Democrats in opposition, but the House will not pursue the matter.

Senate Fails to Overturn Trump's "Liberation Day" Tariffs

The Senate failed to reject President Trump's "Liberation Day" tariffs in a 49-49 tie, with Vice President Vance's tie-breaking vote upholding them; three Republicans joined Democrats in opposition, but the House will not pursue the matter.

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What are the potential long-term economic and political consequences of the Senate's decision to uphold the tariffs?

The failure to overturn the tariffs signals continued economic uncertainty, potentially affecting trade relations and consumer prices. The deep partisan divisions on the issue suggest that similar trade disputes will likely occur in the future. The use of the Vice President's tie-breaking vote indicates the high stakes and close political margins surrounding this trade policy.

edition.cnn.com

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Apr 30, 19:20

US Economy Contracts, Triggering Stock Market Decline Amid Trump Tariff Uncertainty

The US economy shrank in the first quarter of 2024, marking the first contraction since 2022, causing the Dow to fall 1.25%, the S&P 500 to drop 1.5%, and the Nasdaq to slide 2% on Wednesday, driven by uncertainty surrounding President Trump's tariffs and their impact on businesses and consumer conf...

US Economy Contracts, Triggering Stock Market Decline Amid Trump Tariff Uncertainty

The US economy shrank in the first quarter of 2024, marking the first contraction since 2022, causing the Dow to fall 1.25%, the S&P 500 to drop 1.5%, and the Nasdaq to slide 2% on Wednesday, driven by uncertainty surrounding President Trump's tariffs and their impact on businesses and consumer conf...

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What is the immediate impact of the first-quarter economic contraction on the US stock market?

The US economy contracted in the first quarter of 2024 for the first time since 2022, causing a significant market downturn. The Dow fell 1.25%, the S&P 500 dropped 1.5%, and the Nasdaq slid 2% on Wednesday morning, ending a six-day winning streak for the Dow.

us.cnn.com

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Apr 30, 19:20

US Economy Contracts, Triggering Market Decline Amidst Trump Tariff Uncertainty

The US economy shrank in the first quarter of 2024, marking its first contraction since 2022 and causing significant market declines; the Dow fell 1.25%, the S&P 500 dropped 1.5%, and the Nasdaq slid 2%, largely attributed to uncertainty surrounding President Trump's tariffs.

US Economy Contracts, Triggering Market Decline Amidst Trump Tariff Uncertainty

The US economy shrank in the first quarter of 2024, marking its first contraction since 2022 and causing significant market declines; the Dow fell 1.25%, the S&P 500 dropped 1.5%, and the Nasdaq slid 2%, largely attributed to uncertainty surrounding President Trump's tariffs.

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What is the immediate impact of the first-quarter economic contraction on US markets, and what are the specific consequences?

The US economy contracted in the first quarter of 2024 for the first time since 2022, causing the Dow to fall 500 points (1.25%), the S&P 500 to drop 1.5%, and the Nasdaq to slide 2%. This follows a six-day winning streak for the Dow, its longest since July. The monthly decline is significant, exceeding 3.5% for the Dow and nearing 2% for the S&P 500.

cbsnews.com

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Apr 30, 19:21

U.S. GDP Unexpectedly Contracts 0.3% in Q1 2025 Amid Trump Tariffs

The U.S. economy shrank by 0.3% in Q1 2025, a sharp decline from 2.4% growth in Q4 2024, primarily due to businesses front-loading imports ahead of President Trump's new tariffs and a 5.1% decrease in government spending; weak employment data adds to recession fears.

U.S. GDP Unexpectedly Contracts 0.3% in Q1 2025 Amid Trump Tariffs

The U.S. economy shrank by 0.3% in Q1 2025, a sharp decline from 2.4% growth in Q4 2024, primarily due to businesses front-loading imports ahead of President Trump's new tariffs and a 5.1% decrease in government spending; weak employment data adds to recession fears.

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What is the primary cause of the sharp slowdown in U.S. economic growth during the first quarter of 2025, and what are its immediate consequences?

The U.S. economy contracted by 0.3% in Q1 2025, significantly below the projected 0.8% growth. This downturn is primarily attributed to businesses' preemptive stockpiling in anticipation of President Trump's new tariffs, artificially inflating imports and masking the true economic picture.

cnnespanol.cnn.com

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May 1, 04:13

US Economy Contracts, Markets React to Trump's Tariffs

April 2024 saw significant market volatility following news of a US economic contraction and the implementation of Trump's tariffs. Despite initial drops, the Dow Jones and S&P 500 closed positively for the day. However, all major indices ended April in the red, with the exception of the Nasdaq.

US Economy Contracts, Markets React to Trump's Tariffs

April 2024 saw significant market volatility following news of a US economic contraction and the implementation of Trump's tariffs. Despite initial drops, the Dow Jones and S&P 500 closed positively for the day. However, all major indices ended April in the red, with the exception of the Nasdaq.

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What are the potential long-term consequences of the economic contraction and Trump's trade policies on the US economy and markets?

Trump's tariffs and economic uncertainty will likely continue impacting US markets. The April data and market reactions highlight the delicate balance between inflation concerns and trade policy impacts, with potential for further volatility depending on policy adjustments. The job market's slowdown adds to the uncertainty.

edition.cnn.com

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May 1, 19:18

US Economy Contracts Sharply in Q1 2025 Amidst Trump Tariff Impact

The US economy contracted by 0.3% in Q1 2025, a sharper decline than predicted, driven by decreased consumer spending (1.8% growth) and President Trump's tariffs impacting supply chains and government spending (-5.1% growth).

US Economy Contracts Sharply in Q1 2025 Amidst Trump Tariff Impact

The US economy contracted by 0.3% in Q1 2025, a sharper decline than predicted, driven by decreased consumer spending (1.8% growth) and President Trump's tariffs impacting supply chains and government spending (-5.1% growth).

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How have President Trump's tariff policies contributed to the decline in consumer spending and overall economic growth?

The first-quarter contraction follows two years of roughly 3% annualized GDP growth. The decrease in consumer spending to 1.8%, down from 4%, further indicates economic slowdown. President Trump's tariff policies and resulting supply chain disruptions are significant contributing factors to this economic downturn, impacting consumer spending and government expenditure.

forbes.com

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Apr 30, 19:21

Automakers Withdraw Financial Guidance Amidst Trump Tariff Uncertainty

Stellantis and Mercedes withdrew their 2025 financial guidance due to market uncertainty caused by President Trump's tariffs; this follows recent layoffs by Mack Trucks, Volvo, Stellantis, and Estée Lauder, totaling at least 800 employees, while Goldman Sachs projects a net loss of 400,000 jobs acro...

Automakers Withdraw Financial Guidance Amidst Trump Tariff Uncertainty

Stellantis and Mercedes withdrew their 2025 financial guidance due to market uncertainty caused by President Trump's tariffs; this follows recent layoffs by Mack Trucks, Volvo, Stellantis, and Estée Lauder, totaling at least 800 employees, while Goldman Sachs projects a net loss of 400,000 jobs acro...

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What are the immediate economic consequences of President Trump's tariffs on the automotive industry and overall employment?

Stellantis and Mercedes withdrew their 2025 financial guidance due to market uncertainty stemming from President Trump's tariffs. This follows layoffs announced by Mack Trucks, Volvo Group, Stellantis, and Estée Lauder, totaling at least 800 employees, directly attributed to tariff impacts and market volatility. Goldman Sachs projects a net job loss of 400,000 jobs across all industries despite the creation of 100,000 manufacturing jobs.

cnn.com

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Apr 30, 19:20

US Economy Contracts, Markets Tumble Amid Trump Tariff Uncertainty

The US economy shrank in the first quarter of 2024, marking the first contraction since 2022 and sending major US stock indexes down; President Trump's tariffs are blamed for the market's volatility.

US Economy Contracts, Markets Tumble Amid Trump Tariff Uncertainty

The US economy shrank in the first quarter of 2024, marking the first contraction since 2022 and sending major US stock indexes down; President Trump's tariffs are blamed for the market's volatility.

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How do President Trump's tariffs contribute to the current market uncertainty and volatility?

President Trump's tariffs are widely cited as the primary cause of the market's instability. The S&P 500 initially dropped over 11% in early April after the tariff announcement, although it later recovered some ground. The market's reaction reflects investor uncertainty surrounding the long-term economic consequences of the trade policies.

nbcnews.com

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Apr 30, 22:13

Senate to Vote on Resolution to Repeal Trump's Global Tariffs

The Senate is scheduled to vote on a resolution to nullify President Trump's recent imposition of sweeping tariffs on numerous countries; the resolution's passage is uncertain due to anticipated House inaction and a potential presidential veto, despite some Republican senators expressing discontent ...

Senate to Vote on Resolution to Repeal Trump's Global Tariffs

The Senate is scheduled to vote on a resolution to nullify President Trump's recent imposition of sweeping tariffs on numerous countries; the resolution's passage is uncertain due to anticipated House inaction and a potential presidential veto, despite some Republican senators expressing discontent ...

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What is the immediate impact of the Senate's vote on President Trump's global tariffs?

The Senate will vote on a resolution to overturn President Trump's sweeping tariffs imposed on most countries. The resolution, if passed by a simple majority in the Senate, faces an uncertain future in the House and a likely veto from the President. Four Republican senators supported a similar, more limited resolution in April.

nbcnews.com

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Apr 30, 22:13

Trump Tariffs Create Uncertainty for Auto Part Suppliers

President Trump's fluctuating tariffs on auto parts, steel and aluminum imports created uncertainty for Lanex Manufacturing in Windsor, Ontario, whose striker plates cross the US-Canada border four times before installation in American vehicles, impacting costs and jobs across the industry.

Trump Tariffs Create Uncertainty for Auto Part Suppliers

President Trump's fluctuating tariffs on auto parts, steel and aluminum imports created uncertainty for Lanex Manufacturing in Windsor, Ontario, whose striker plates cross the US-Canada border four times before installation in American vehicles, impacting costs and jobs across the industry.

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How did the complex cross-border supply chain of a component like Lanex's striker plate contribute to the uncertainty created by the tariffs?

The Trump administration's trade policies, while aiming to reshore auto manufacturing, created challenges for cross-border supply chains. Lanex Manufacturing's experience highlights the complexity of disentangling deeply integrated production processes, impacting costs and jobs across the industry.

Showing 121 to 132 of 688 results