Tag #Trump Tariffs

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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.

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.

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.

theglobeandmail.com

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Apr 29, 10:18

Liberals Win Big in Quebec on Trump Effect

The Liberal Party secured a landslide victory in the 2025 Canadian election, winning 43 seats in Quebec, primarily due to voters' perception of Mark Carney as the best candidate to manage US trade tensions and annexation threats. This came at the expense of the Bloc Québécois, whose support decrease...

Liberals Win Big in Quebec on Trump Effect

The Liberal Party secured a landslide victory in the 2025 Canadian election, winning 43 seats in Quebec, primarily due to voters' perception of Mark Carney as the best candidate to manage US trade tensions and annexation threats. This came at the expense of the Bloc Québécois, whose support decrease...

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Peace, Justice, and Strong Institutions

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How did the US President's trade war and annexation threats impact the electoral landscape in Quebec?

The Liberals' gains in Quebec stemmed from a "Trump effect," as voters perceived Mark Carney as best equipped to handle the US President's trade threats and annexation rhetoric. This perception overshadowed Mr. Carney's controversial campaign, marked by language gaffes and unpopular policy positions. The Montreal Canadiens' playoff run also boosted Liberal popularity.

cbsnews.com

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Apr 27, 19:16

Trump's Tariffs Crippled Massachusetts Construction, Says Congressman Lynch

Massachusetts Congressman Stephen Lynch criticizes President Trump's tariffs for negatively impacting the construction industry in his district, causing project delays and rising unemployment due to uncertainty over material costs; he also criticizes the arrest of a Tufts University student, compari...

Trump's Tariffs Crippled Massachusetts Construction, Says Congressman Lynch

Massachusetts Congressman Stephen Lynch criticizes President Trump's tariffs for negatively impacting the construction industry in his district, causing project delays and rising unemployment due to uncertainty over material costs; he also criticizes the arrest of a Tufts University student, compari...

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How does Congressman Lynch connect the Trump administration's tariff policies to rising unemployment in the construction sector?

The tariffs' impact extends beyond economic uncertainty; they undermine investor confidence and hinder local development. Lynch's concerns highlight the ripple effect of trade policy on local economies and communities, as projects are stalled and unemployment rises in the construction sector. He explicitly links the tariffs to increased steel costs, a key factor impacting project viability.

mk.ru

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Apr 24, 16:15

Lawsuit Challenges Trump's Tariffs as Unconstitutional

Attorneys general from multiple states filed a lawsuit in the US Court of International Trade challenging President Trump's tariffs, arguing they are unconstitutional and inflict significant economic harm, citing specific examples such as increased prices, job losses, and damage to various industrie...

Lawsuit Challenges Trump's Tariffs as Unconstitutional

Attorneys general from multiple states filed a lawsuit in the US Court of International Trade challenging President Trump's tariffs, arguing they are unconstitutional and inflict significant economic harm, citing specific examples such as increased prices, job losses, and damage to various industrie...

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How do the states involved in the lawsuit argue that President Trump's actions violate the US Constitution?

The lawsuit alleges that President Trump's tariffs, including a 145% tariff on Chinese goods, a 25% tariff on Canadian goods, and a 10% tariff on various imports, have caused increased prices, job losses, and economic damage in multiple states. This is exemplified by Oregon Governor Kate Brown's statement that tariffs inflicted "immediate and irreparable harm" on the state's economy.

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.

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.

theglobeandmail.com

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Apr 29, 01:17

Foreign Investors Reduce U.S. Asset Holdings, Triggering Market Re-rating

Foreign investors are reducing their U.S. stock and bond holdings following President Trump's tariff announcement, potentially causing significant price impacts due to the massive size of U.S. markets and the record-high foreign ownership of U.S. assets.

Foreign Investors Reduce U.S. Asset Holdings, Triggering Market Re-rating

Foreign investors are reducing their U.S. stock and bond holdings following President Trump's tariff announcement, potentially causing significant price impacts due to the massive size of U.S. markets and the record-high foreign ownership of U.S. assets.

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Reduced Inequality

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What are the underlying causes driving this shift in global investment strategies away from U.S. assets?

This reduction in U.S. asset holdings stems from concerns over the Trump administration's trade, economic, and wider policy agendas. Foreign investors, particularly from Canada and Europe, are already decreasing their exposure. The impact will be a one-off hit to asset prices and a long-term reduction in future demand, potentially mitigated if U.S. investors fill the gap, though that seems unlikely given their current high equity holdings.

dailymail.co.uk

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Apr 27, 04:10

Trump Tariffs Trigger \$4 Billion Loss for UK Oil Giants

Britain's top oil firms, BP and Shell, face a combined \$4 billion profit drop in Q1 2025 due to a global oil price slump caused by Donald Trump's tariffs, decreased demand, and increased OPEC+ oil production.

Trump Tariffs Trigger \$4 Billion Loss for UK Oil Giants

Britain's top oil firms, BP and Shell, face a combined \$4 billion profit drop in Q1 2025 due to a global oil price slump caused by Donald Trump's tariffs, decreased demand, and increased OPEC+ oil production.

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Climate Action

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How have the actions of OPEC+ and the concerns about global economic slowdown influenced the decline in oil prices?

The decline in global oil prices, exacerbated by increased oil production from OPEC+ and fears of reduced demand (especially from China), has negatively impacted the profitability of major oil companies like BP and Shell. Trump's tariffs further contributed to the price slump by disrupting global supply chains and reducing fuel demand.

edition.cnn.com

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Apr 25, 13:17

Trump's Tariffs: Immediate Impact on Businesses, Future Inflationary Pressures

President Trump's tariffs, particularly the 145% tax on Chinese imports, are creating widespread economic uncertainty, immediately impacting small businesses and soon to affect consumers through higher prices and reduced product availability; the IMF now predicts 3% inflation in 2025.

Trump's Tariffs: Immediate Impact on Businesses, Future Inflationary Pressures

President Trump's tariffs, particularly the 145% tax on Chinese imports, are creating widespread economic uncertainty, immediately impacting small businesses and soon to affect consumers through higher prices and reduced product availability; the IMF now predicts 3% inflation in 2025.

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How is the uncertainty created by Trump's tariff policies affecting the broader economic landscape?

The tariffs' impact extends beyond direct costs, creating widespread uncertainty among businesses. The 145% tariff on Chinese goods, for example, forces businesses to choose between absorbing costs, raising prices, or shutting down. This uncertainty is already causing ripple effects throughout the economy.

lemonde.fr

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Apr 24, 04:09

US States Sue Trump Over Illegal Tariffs

Twelve US states sued Donald Trump on April 23rd, claiming his tariffs are illegal due to their imposition without Congressional approval; the lawsuit cites the 1977 Trade Act and alleges economic harm, echoing similar concerns from California and Democrats.

US States Sue Trump Over Illegal Tariffs

Twelve US states sued Donald Trump on April 23rd, claiming his tariffs are illegal due to their imposition without Congressional approval; the lawsuit cites the 1977 Trade Act and alleges economic harm, echoing similar concerns from California and Democrats.

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How do the arguments in the lawsuit challenge the basis of Donald Trump's authority to impose tariffs?

The lawsuit alleges that Trump exceeded his authority under the 1977 Trade Act by using emergency powers to impose tariffs, a power the Constitution grants to Congress. The tariffs have caused global market uncertainty, potentially leading to price increases and job losses, counter to Trump's claim of boosting domestic production. Economists widely predict negative consequences for consumers.

Showing 253 to 264 of 813 results