Tag #Trump Tariffs

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KDI Cuts South Korea's 2025 Growth Forecast to 1.6% Amid Trump Tariffs and Political Turmoil

South Korea's KDI slashed its 2025 economic growth forecast to 1.6% due to Trump's expanding tariffs and the country's political instability from President Yoon Suk Yeol's impeachment and brief martial law declaration, impacting consumer spending and exports.

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cnn.com
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Trump's Reciprocal Tariffs: A Steep Price for American Consumers

President Trump plans to implement reciprocal tariffs on goods from nearly every country, potentially raising the US weighted average tariff rate to almost 5% from 1.5%, increasing prices for American consumers due to limited domestic alternatives for many imported goods.

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US-India Trade: Record High Amidst Tariff Tensions

In 2024, US-India bilateral trade reached a record $129.2 billion, with the US importing $45.7 billion more than it exported. While India has not faced US tariffs, potential reciprocal tariffs and India's recent trade policy adjustments are shaping their future trade relationship, with a summit betw...

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Trump's Reciprocal Tariffs: Significant Price Increases for US Consumers

President Trump's plan to impose reciprocal tariffs on nearly all countries will increase the average US tariff rate from 1.5% to almost 5%, significantly raising prices for American consumers, especially on goods from the top 10 exporting countries to the US; the lack of supply chain transparency c...

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cnbc.com
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Trump's Canada Oil Tariffs Threaten U.S. Gasoline Price Hike

President Trump's threatened 10% tariff on Canadian crude oil imports, currently on hold until March 4, could raise U.S. gasoline prices by up to 15 cents per gallon due to Midwest refiners' heavy reliance on cheaper Canadian crude, despite the U.S.'s status as the world's largest oil producer.

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nbcnews.com
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Trump Tariffs Cause "Chaos" in U.S. Auto Industry, Ford CEO Warns

Ford CEO Jim Farley states that President Trump's tariffs are causing significant cost increases and "chaos" within the U.S. automotive industry, impacting suppliers and potentially devastating the industry if levies on Mexican goods go into effect; he is traveling to Washington D.C. to meet with go...

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abcnews.go.com
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South Korea Slashes Growth Forecast Amid Trump Tariffs and Political Turmoil

South Korea's KDI slashed its 2025 economic growth forecast to 1.6% due to President Trump's expanding tariffs and the country's political instability following President Yoon Suk Yeol's impeachment and brief martial law imposition in December, impacting exports and domestic demand.

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politico.eu
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Trump's Steel Tariffs Threaten UK Steel Exports

President Trump imposed a 25 percent tariff on steel and aluminum imports to the U.S. with no exceptions, impacting the UK which exports £400 million worth of steel annually to the U.S. The UK is seeking an exemption, highlighting the vulnerability of its steel industry and broader trade relations.

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us.cnn.com
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Trump Tariffs: Wall Street Calm Masks Consumer Anxiety

President Trump's tariffs, although seemingly unbothered by Wall Street, have decreased US consumer sentiment to a seven-month low due to expected inflation; however, the long-term effects remain uncertain.

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faz.net
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DAX Hits Record High Despite US Tariffs

On Tuesday, the German DAX index hit a record high of 22,003.91 points, driven by strong corporate earnings and the expectation of further interest rate cuts, despite the latest round of US tariffs.

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cnbc.com
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Trump's Tariffs Cause 'Chaos' in U.S. Auto Industry, Ford CEO Says

Ford CEO Jim Farley says President Trump's tariffs are causing "chaos" in the U.S. auto industry, adding significant costs and uncertainty; he is traveling to Washington D.C. to meet with government officials to address these issues, particularly the potential 25% tariff on goods from Mexico and Can...

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Trump Imposes Steel and Aluminum Tariffs; Mexico Responds Cautiously

Donald Trump announced a 25% tariff on all US aluminum and steel imports, effective Monday, prompting a cautious response from Mexican President Claudia Sheinbaum, while the EU vowed retaliation; Mexico previously negotiated a temporary reprieve by deploying troops to the border.

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Showing 577 to 588 of 688 results