Tag #Trump

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nbcnews.com

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Mar 7, 01:11

Trump Issues Tariff Exemptions After Imposing 25% Tax on Mexican and Canadian Goods

President Trump imposed 25% tariffs on goods from Mexico and Canada on Tuesday, but issued exemptions for about half of Mexican and 38% of Canadian goods on Thursday, creating uncertainty for businesses and impacting the stock market.

Trump Issues Tariff Exemptions After Imposing 25% Tax on Mexican and Canadian Goods

President Trump imposed 25% tariffs on goods from Mexico and Canada on Tuesday, but issued exemptions for about half of Mexican and 38% of Canadian goods on Thursday, creating uncertainty for businesses and impacting the stock market.

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What are the long-term implications of Trump's inconsistent trade policies on business investment, economic stability and the USMCA?

The temporary nature of these exemptions, lasting until April 2nd, highlights the ongoing instability of Trump's trade policy. The potential for further tariff increases and the lack of long-term certainty create challenges for businesses planning investments and operations. This approach could further escalate trade tensions and harm economic stability.

theglobeandmail.com

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Mar 7, 01:11

Trump's Policies Pose Existential Threat to Canada

Canadian political leaders, including Chrystia Freeland and Mark Carney, express alarm over Donald Trump's threat to Canada's economy and security, marked by US tariffs causing a potential recession and jeopardizing NATO's future, while simultaneously promising tax cuts and increased defense spendin...

Trump's Policies Pose Existential Threat to Canada

Canadian political leaders, including Chrystia Freeland and Mark Carney, express alarm over Donald Trump's threat to Canada's economy and security, marked by US tariffs causing a potential recession and jeopardizing NATO's future, while simultaneously promising tax cuts and increased defense spendin...

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Peace, Justice, and Strong Institutions

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Why are leading Canadian political candidates failing to address the necessary fiscal trade-offs despite the looming economic crisis and increased security threats?

The current Canadian political landscape reveals a disconnect between the gravity of the situation and the proposed solutions. Leading candidates promise tax cuts, increased defense spending (to potentially 3% of GDP), and deficit reduction, without acknowledging the substantial costs involved or the need for fiscal trade-offs. This is despite the looming recession triggered by US tariffs, potentially requiring tens of billions in adjustment assistance.

cnnespanol.cnn.com

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Mar 7, 07:10

Trump Delays USMCA Tariffs After Negotiations

President Trump initially threatened 25% tariffs on Mexican and Canadian goods under the USMCA due to immigration and drug concerns but delayed their implementation until April 2nd, 2025, after negotiations with Mexico and considering discussions with major auto manufacturers who committed to reshor...

Trump Delays USMCA Tariffs After Negotiations

President Trump initially threatened 25% tariffs on Mexican and Canadian goods under the USMCA due to immigration and drug concerns but delayed their implementation until April 2nd, 2025, after negotiations with Mexico and considering discussions with major auto manufacturers who committed to reshor...

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What immediate economic consequences resulted from President Trump's threatened tariffs on Mexican and Canadian goods under the USMCA?

The USMCA, a trade agreement between the US, Mexico, and Canada, faced a potential tariff imposition by President Trump. However, after negotiations and considering the impact on the auto industry, Trump delayed the tariffs until April 2nd, 2025. This decision follows earlier temporary tariff suspensions.

theguardian.com

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Mar 7, 07:10

Australia Faces US Tariffs Amidst Political Wrangling

Australian Prime Minister Anthony Albanese is battling to secure an exemption from looming US steel and aluminum tariffs, facing criticism from the Liberal opposition for his handling of the situation amidst an unfolding natural disaster in Queensland.

Australia Faces US Tariffs Amidst Political Wrangling

Australian Prime Minister Anthony Albanese is battling to secure an exemption from looming US steel and aluminum tariffs, facing criticism from the Liberal opposition for his handling of the situation amidst an unfolding natural disaster in Queensland.

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What are the immediate economic and political consequences if Australia fails to secure an exemption from the US steel and aluminum tariffs?

Australia faces potential 25% tariffs on steel and aluminum from the US, starting March 12. Prime Minister Albanese is seeking an exemption but faces opposition criticism for not personally lobbying President Trump. The situation highlights trans-Pacific trade tensions.

edition.cnn.com

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Mar 7, 01:10

Trump's Exaggerated Trade Deficit Claims Exposed by Federal Data

Newly released 2024 federal statistics reveal that President Trump drastically overstated US trade deficits with Canada, Mexico, China, and the European Union, undermining his justification for imposing tariffs; the actual deficits were significantly lower than his stated figures.

Trump's Exaggerated Trade Deficit Claims Exposed by Federal Data

Newly released 2024 federal statistics reveal that President Trump drastically overstated US trade deficits with Canada, Mexico, China, and the European Union, undermining his justification for imposing tariffs; the actual deficits were significantly lower than his stated figures.

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Reduced Inequality

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What are the key discrepancies between President Trump's stated US trade deficits and the newly released federal statistics for 2024, and what are the immediate implications?

Newly released federal statistics expose significant discrepancies between President Trump's stated figures and actual US trade deficits. For instance, Trump claimed a $200 billion deficit with Canada; the actual 2024 deficit was $35.7 billion in goods and services, or $70.6 billion in goods alone. Similarly, his claim of a $350 billion deficit with Mexico is far from the actual $179 billion deficit in goods and services.

cnn.com

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Mar 7, 01:10

Judge Rules Trump's Firing of NLRB Chairwoman Illegal

A federal judge deemed President Trump's firing of National Labor Relations Board Chairwoman Gwynne Wilcox illegal, overturning the dismissal and marking the third such ruling against Trump this week for unlawfully removing officials from independent agencies; the Justice Department is appealing.

Judge Rules Trump's Firing of NLRB Chairwoman Illegal

A federal judge deemed President Trump's firing of National Labor Relations Board Chairwoman Gwynne Wilcox illegal, overturning the dismissal and marking the third such ruling against Trump this week for unlawfully removing officials from independent agencies; the Justice Department is appealing.

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Peace, Justice, and Strong Institutions

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What specific actions by Gwynne Wilcox and the broader context led to President Trump's attempt to fire her?

The judge's decision stems from Wilcox's lawsuit alleging unlawful dismissal without cause or hearing, violating federal law. Trump's justification, that Wilcox "unduly disfavored the interests of employers," was rejected as insufficient grounds for removal under the National Labor Relations Act.

cnn.com

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Mar 7, 07:10

Trump Suspends Security Clearances of Perkins Coie Employees

President Trump issued an executive order suspending security clearances of Perkins Coie employees, citing their DEI practices, impacting their ability to represent clients with national security implications; the firm intends to challenge the order.

Trump Suspends Security Clearances of Perkins Coie Employees

President Trump issued an executive order suspending security clearances of Perkins Coie employees, citing their DEI practices, impacting their ability to represent clients with national security implications; the firm intends to challenge the order.

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What is the immediate impact of President Trump's executive order on Perkins Coie and its clients?

President Trump signed an executive order suspending security clearances for Perkins Coie employees due to the firm's diversity, equity, and inclusion (DEI) practices. This action directly impacts Perkins Coie's ability to represent clients requiring access to classified information and raises concerns about political interference in legal representation.

cnnespanol.cnn.com

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Mar 7, 07:10

Increased ICE Enforcement Near Schools Decreases Immigrant Student Attendance

The Trump administration's policy change allowing ICE agents near schools has caused a significant drop in school attendance among immigrant children in several US cities due to fear of family separation. Teachers report increased student anxiety and fear, while school districts work to ensure stude...

Increased ICE Enforcement Near Schools Decreases Immigrant Student Attendance

The Trump administration's policy change allowing ICE agents near schools has caused a significant drop in school attendance among immigrant children in several US cities due to fear of family separation. Teachers report increased student anxiety and fear, while school districts work to ensure stude...

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Quality Education

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How has the change in ICE policy regarding arrests near schools affected student attendance and well-being in affected communities?

The Trump administration's intensified immigration enforcement has led to decreased school attendance among immigrant families in several US cities. Teachers report increased student anxiety and fear of family separation; in Los Angeles County, one teacher reported an 8-10% attendance decrease since January, directly attributed to the fear of ICE agents near schools.

cnnespanol.cnn.com

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Mar 7, 07:10

Trump Establishes US Bitcoin Reserve

President Trump signed an executive order establishing a US Bitcoin reserve using federally seized Bitcoin, creating a "digital Fort Knox" managed by a new US Digital Asset Warehouse under the Treasury Department, amidst market volatility and criticism from cryptocurrency skeptics.

Trump Establishes US Bitcoin Reserve

President Trump signed an executive order establishing a US Bitcoin reserve using federally seized Bitcoin, creating a "digital Fort Knox" managed by a new US Digital Asset Warehouse under the Treasury Department, amidst market volatility and criticism from cryptocurrency skeptics.

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Reduced Inequality

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What are the immediate consequences of President Trump's executive order establishing a US Bitcoin reserve?

President Trump signed a decree establishing a US Bitcoin reserve, funded by federally confiscated assets, to avoid taxpayer costs. This reserve, comparable to a "digital Fort Knox," will not sell its holdings. A new US Digital Asset Warehouse under the Treasury Department will manage government digital assets, estimated at around 200,000 Bitcoin.

english.kyodonews.net

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Mar 7, 07:11

Trump Criticizes U.S.-Japan Security Treaty as Nonreciprocal

President Trump criticized the U.S.-Japan security treaty as nonreciprocal, stating that the U.S. protects Japan without a reciprocal obligation while Japan profits economically from the relationship; this follows his administration's pressure on allies to increase defense spending and buy more Amer...

Trump Criticizes U.S.-Japan Security Treaty as Nonreciprocal

President Trump criticized the U.S.-Japan security treaty as nonreciprocal, stating that the U.S. protects Japan without a reciprocal obligation while Japan profits economically from the relationship; this follows his administration's pressure on allies to increase defense spending and buy more Amer...

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What are the immediate implications of President Trump's criticism of the U.S.-Japan security treaty?

President Trump criticized the U.S.-Japan security treaty, calling it nonreciprocal because the U.S. protects Japan without a reciprocal obligation from Japan. He also noted Japan's economic gains from its relationship with the U.S. This comes after his Pentagon appointee urged Japan to increase defense spending to 3% of its GDP.

nbcnews.com

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Mar 7, 07:11

Trump Shifts Staffing Authority from Musk's DOGE to Cabinet Secretaries

President Trump announced that Cabinet secretaries will make final staffing decisions, not Elon Musk's Department of Government Efficiency (DOGE), after DOGE's sweeping cuts sparked lawsuits and political backlash; Trump stated that while secretaries will collaborate with DOGE, final job cuts will b...

Trump Shifts Staffing Authority from Musk's DOGE to Cabinet Secretaries

President Trump announced that Cabinet secretaries will make final staffing decisions, not Elon Musk's Department of Government Efficiency (DOGE), after DOGE's sweeping cuts sparked lawsuits and political backlash; Trump stated that while secretaries will collaborate with DOGE, final job cuts will b...

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How does President Trump's clarification of roles address the controversies surrounding DOGE's workforce reductions?

Trump's statement clarifies the roles of DOGE and Cabinet secretaries in federal workforce reductions. DOGE assists in identifying areas for cuts, but the final decisions on employee retention or termination reside with the respective department leaders. This change in approach aims to address concerns raised by Republicans and the public regarding the speed and impact of DOGE's actions.

bbc.com

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Mar 7, 01:10

Sheinbaum's Diplomacy Averts Mexico Tariffs Amid Trump's Trade Tensions

US President Donald Trump postponed tariffs on Mexico, praising President Sheinbaum's efforts on border security; this contrasts with his antagonistic relationship with Canada's Prime Minister Trudeau, highlighting Sheinbaum's diplomatic success in navigating Trump's unpredictable trade policies des...

Sheinbaum's Diplomacy Averts Mexico Tariffs Amid Trump's Trade Tensions

US President Donald Trump postponed tariffs on Mexico, praising President Sheinbaum's efforts on border security; this contrasts with his antagonistic relationship with Canada's Prime Minister Trudeau, highlighting Sheinbaum's diplomatic success in navigating Trump's unpredictable trade policies des...

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What immediate impact has President Sheinbaum's diplomacy had on US-Mexico relations, particularly concerning tariffs and border security?

US President Donald Trump postponed tariffs on Mexico for another month, praising President Sheinbaum and highlighting their collaborative efforts on border security. This contrasts sharply with Trump's antagonistic relationship with Canadian Prime Minister Trudeau. The Mexican peso weakened despite President Sheinbaum's claims of economic strength.

Showing 1,753 to 1,764 of 7,184 results