Tag #Trump Tariffs

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cnn.com

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Jun 4, 13:12

Trump's Tariffs: Muted Impact, but Growing Economic Risks

Despite President Trump's tariffs, the US economy shows resilience, but US factory activity has contracted for three months due to tariffs and supply chain issues; however, the White House secured no substantive trade deals after a self-imposed 90-day deadline.

Trump's Tariffs: Muted Impact, but Growing Economic Risks

Despite President Trump's tariffs, the US economy shows resilience, but US factory activity has contracted for three months due to tariffs and supply chain issues; however, the White House secured no substantive trade deals after a self-imposed 90-day deadline.

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Why have the initial predictions of calamitous economic effects from the tariffs not fully materialized?

Despite initial warnings, the economic impact of Trump's tariffs has been muted due to his inconsistent enforcement and concessions. Markets have become skeptical of his trade pronouncements, and businesses are coping by absorbing added costs. However, this strategy is unsustainable, and the long-term effects remain uncertain.

forbes.com

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Jun 3, 22:13

Trump's Tariffs: Economic Uncertainty and Rising Consumer Costs

President Trump's global tariffs, despite legal challenges, will likely persist, increasing consumer costs for goods like coffee and spices by hundreds of millions of dollars annually and potentially jeopardizing high-paying U.S. jobs.

Trump's Tariffs: Economic Uncertainty and Rising Consumer Costs

President Trump's global tariffs, despite legal challenges, will likely persist, increasing consumer costs for goods like coffee and spices by hundreds of millions of dollars annually and potentially jeopardizing high-paying U.S. jobs.

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Reduced Inequality

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How do the tariffs affect the U.S.'s ability to leverage global trade for high-paying jobs?

The tariffs' impact extends beyond increased prices; they hinder the U.S.'s ability to leverage global trade for high-value jobs. For example, Apple's iPhone design and engineering in the U.S. create high-paying jobs, while manufacturing it domestically would create far fewer, lower-paying positions.

foxnews.com

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Jun 3, 01:13

Bessent Rebuts Brennan's Claims of Tariff-Driven Inflation

Treasury Secretary Scott Bessent debated CBS' Margaret Brennan on Sunday regarding the impact of Trump administration tariffs on consumer prices, with Bessent citing the recent drop in inflation to counter Brennan's concerns about price increases and highlighting the legal challenges to the tariffs.

Bessent Rebuts Brennan's Claims of Tariff-Driven Inflation

Treasury Secretary Scott Bessent debated CBS' Margaret Brennan on Sunday regarding the impact of Trump administration tariffs on consumer prices, with Bessent citing the recent drop in inflation to counter Brennan's concerns about price increases and highlighting the legal challenges to the tariffs.

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What is the immediate impact of the discrepancy between predicted and actual inflation rates following the implementation of Trump's tariffs?

Treasury Secretary Scott Bessent refuted CBS anchor Margaret Brennan's claims that Trump administration tariffs would significantly increase consumer prices, citing the recent drop in inflation to a four-year low of 2.3% in April. He highlighted that prior predictions of increased inflation proved inaccurate. Retailers like Home Depot have also stated they won't raise prices in response to tariffs.

theglobeandmail.com

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Jun 2, 13:14

Trump's Tariff Hike Triggers Stock Market Dip

President Trump's announcement on Friday to double tariffs on imported steel and aluminum to 50%, starting Wednesday, caused U.S. stock index futures to dip, amplifying concerns about trade volatility and reversing recent positive market sentiment. The Dow, S&P 500, and Nasdaq all saw significant de...

Trump's Tariff Hike Triggers Stock Market Dip

President Trump's announcement on Friday to double tariffs on imported steel and aluminum to 50%, starting Wednesday, caused U.S. stock index futures to dip, amplifying concerns about trade volatility and reversing recent positive market sentiment. The Dow, S&P 500, and Nasdaq all saw significant de...

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What are the potential long-term economic consequences of the current uncertainty surrounding U.S. trade policies?

The uncertainty surrounding U.S. trade policy, as exemplified by the sudden tariff increase, will likely persist, potentially impacting investor confidence and economic growth. The conflicting signals from the administration, coupled with ongoing geopolitical tensions, create an unpredictable environment for businesses and markets. This unpredictability could lead to further market volatility and reduced investment.

edition.cnn.com

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Jun 1, 16:12

US Household Finances Strained by Inflation, Interest Rates, and Policy Uncertainty

High inflation, high interest rates, and unpredictable policies are straining American household finances, causing increased debt, delinquencies, and declining consumer sentiment; Buy Now, Pay Later use for groceries has risen to 25%, and student loan defaults are increasing.

US Household Finances Strained by Inflation, Interest Rates, and Policy Uncertainty

High inflation, high interest rates, and unpredictable policies are straining American household finances, causing increased debt, delinquencies, and declining consumer sentiment; Buy Now, Pay Later use for groceries has risen to 25%, and student loan defaults are increasing.

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What is the immediate impact of the confluence of high inflation, high interest rates, and unpredictable economic policies on average American household finances?

The combination of high inflation, high interest rates, and unpredictable policy changes has significantly reduced consumer spending and increased debt, leading to a decline in consumer sentiment and rising delinquencies on loans. This is impacting Americans' ability to meet financial obligations, with many resorting to installment plans for essential goods like groceries.

us.cnn.com

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Jun 1, 19:13

Trump's Tariffs Create Havoc for Small Businesses

President Trump's fluctuating tariff policies have created widespread uncertainty among small businesses, forcing many to adapt their strategies, cut employee hours, or delay products, while legal challenges further complicate the situation, threatening small businesses' survival.

Trump's Tariffs Create Havoc for Small Businesses

President Trump's fluctuating tariff policies have created widespread uncertainty among small businesses, forcing many to adapt their strategies, cut employee hours, or delay products, while legal challenges further complicate the situation, threatening small businesses' survival.

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What are the immediate economic consequences of President Trump's fluctuating tariff policies on small American businesses?

President Trump's fluctuating tariff policies have severely impacted small businesses, forcing some to alter product strategies, restructure supply chains, reduce staff hours, or delay product launches. The resulting uncertainty has led to a decline in the Small Business Optimism Index, highlighting the significant economic consequences.

dailymail.co.uk

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Jun 4, 01:12

Trump's Trade Wars Slow Global Economic Growth to Pandemic-Era Levels

The OECD forecasts 2.9 percent global economic growth for 2024 and 2025, the slowest since the 2020 pandemic, mainly due to Donald Trump's trade wars negatively impacting global trade and investment; China's manufacturing contracted last month, and the US growth forecast dropped to 1.6 percent.

Trump's Trade Wars Slow Global Economic Growth to Pandemic-Era Levels

The OECD forecasts 2.9 percent global economic growth for 2024 and 2025, the slowest since the 2020 pandemic, mainly due to Donald Trump's trade wars negatively impacting global trade and investment; China's manufacturing contracted last month, and the US growth forecast dropped to 1.6 percent.

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How have Trump's tariffs specifically impacted the economies of the US, China, and the UK?

Trump's tariffs have severely disrupted global trade, exemplified by China's manufacturing sector contraction last month. The US economic growth forecast has been downgraded from 2.2 percent to 1.6 percent for this year, highlighting the far-reaching consequences of these trade policies. The UK also faces negative impacts despite a recent trade deal with the US.

cbsnews.com

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Jun 3, 16:14

OECD Predicts Sharp Slowdown in U.S. Economic Growth Due to Tariffs

The OECD forecasts a significant decline in U.S. GDP growth to 1.6% in 2025 and 1.5% in 2026, primarily due to the Trump administration's tariffs increasing the effective tariff rate to 15.4%, the highest since 1938, leading to higher consumer prices and decreased consumer and business confidence.

OECD Predicts Sharp Slowdown in U.S. Economic Growth Due to Tariffs

The OECD forecasts a significant decline in U.S. GDP growth to 1.6% in 2025 and 1.5% in 2026, primarily due to the Trump administration's tariffs increasing the effective tariff rate to 15.4%, the highest since 1938, leading to higher consumer prices and decreased consumer and business confidence.

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What is the primary cause of the projected slowdown in U.S. economic growth, and what are its immediate consequences?

The OECD forecasts a significant slowdown in U.S. GDP growth, projecting a drop to 1.6% in 2025 and 1.5% in 2026 from 2.8% in 2024. This is primarily attributed to the Trump administration's tariffs, which increased the effective tariff rate to 15.4%, the highest since 1938, leading to higher consumer prices.

foxnews.com

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Jun 3, 01:13

Trump Administration Appeals Court Ruling on Tariffs

The Trump administration appealed a court decision that blocked its use of emergency powers to impose tariffs, arguing that these tariffs are necessary for effective trade negotiations; the case is expected to reach the Supreme Court.

Trump Administration Appeals Court Ruling on Tariffs

The Trump administration appealed a court decision that blocked its use of emergency powers to impose tariffs, arguing that these tariffs are necessary for effective trade negotiations; the case is expected to reach the Supreme Court.

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What is the immediate impact of the court ruling against President Trump's tariffs, and how does it affect ongoing trade negotiations?

The Trump administration appealed a court ruling that deemed the president's use of the International Emergency Economic Powers Act (IEEPA) to impose tariffs unlawful. This appeal, filed in the U.S. Court of Appeals for the D.C. Circuit, follows a similar challenge in the U.S. Court of International Trade, where a stay allowed the tariffs to remain in effect despite an initial adverse ruling. The administration argues that the tariffs are crucial for trade negotiations.

elpais.com

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Jun 2, 10:11

US Court Ruling on Trump Tariffs Creates Global Trade Uncertainty

A US federal court initially deemed most of President Trump's tariffs illegal, causing market volatility, but a higher court reversed this, yet uncertainty remains as Mexico and other countries renegotiate trade deals amidst the ongoing legal battle impacting global trade.

US Court Ruling on Trump Tariffs Creates Global Trade Uncertainty

A US federal court initially deemed most of President Trump's tariffs illegal, causing market volatility, but a higher court reversed this, yet uncertainty remains as Mexico and other countries renegotiate trade deals amidst the ongoing legal battle impacting global trade.

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What are the immediate economic impacts of the fluctuating legal status of President Trump's tariffs?

A US federal court initially ruled against most of President Trump's tariffs, creating uncertainty. However, a higher court quickly reinstated them, raising the stakes and increasing volatility in financial markets. Mexico, a major US trading partner, continues negotiations amid this turmoil.

smh.com.au

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Jun 1, 07:09

US Court Blocks Trump Tariffs, Sparking Legal Battle

A US trade court temporarily blocked President Trump's tariffs, impacting businesses like V.O.S. Selections, a New York wine importer, which faced an existential threat from the tariffs and sued, highlighting the vulnerability of small businesses to sweeping trade policies.

US Court Blocks Trump Tariffs, Sparking Legal Battle

A US trade court temporarily blocked President Trump's tariffs, impacting businesses like V.O.S. Selections, a New York wine importer, which faced an existential threat from the tariffs and sued, highlighting the vulnerability of small businesses to sweeping trade policies.

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How did the Trump administration justify its tariff policy under the International Emergency Economic Powers Act, and how did the court respond?

The case reveals the conflict between presidential authority under the International Emergency Economic Powers Act and the actual impact on small businesses. V.O.S. Selections, along with other plaintiffs, demonstrated significant financial harm, challenging the administration's claim of speculative losses.

us.cnn.com

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May 31, 19:10

Trump Administration to Continue Tariffs Despite Court Ruling

A US court ruled against President Trump's use of national emergency powers to impose tariffs; however, the administration plans to continue tariffs using alternative legal provisions (Sections 122, 232, and 301 of various Trade Acts), citing balance-of-payment deficits, national security, and unfai...

Trump Administration to Continue Tariffs Despite Court Ruling

A US court ruled against President Trump's use of national emergency powers to impose tariffs; however, the administration plans to continue tariffs using alternative legal provisions (Sections 122, 232, and 301 of various Trade Acts), citing balance-of-payment deficits, national security, and unfai...

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What alternative legal avenues does the administration plan to use to continue imposing tariffs, even after the court ruling deemed the national emergency declaration unlawful?

President Trump's tariffs, imposed via national emergency declaration, were deemed unlawful by a court. However, the administration plans to continue these tariffs using alternative trade laws, such as Sections 122, 232, and 301 of various Trade Acts.

Showing 133 to 144 of 813 results