Tag #Trump

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cbsnews.com

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Apr 9, 22:13

Trump Announces 90-Day Tariff Pause, Raises China Tariffs to 125%

President Trump announced a 90-day pause on most new tariffs, lowering the reciprocal rate to 10% while raising tariffs on Chinese goods to 125%, effective immediately, causing a surge in the U.S. stock market; the decision follows over 75 countries engaging in trade negotiations with the U.S.

Trump Announces 90-Day Tariff Pause, Raises China Tariffs to 125%

President Trump announced a 90-day pause on most new tariffs, lowering the reciprocal rate to 10% while raising tariffs on Chinese goods to 125%, effective immediately, causing a surge in the U.S. stock market; the decision follows over 75 countries engaging in trade negotiations with the U.S.

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What immediate impact did President Trump's tariff announcement have on the U.S. stock market and global trade?

President Trump announced a 90-day pause on most new tariffs, lowering the reciprocal tariff rate to 10% and raising tariffs on Chinese goods to 125%. The U.S. stock market surged following the announcement. This action affects global trade significantly.

nrc.nl

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Apr 9, 13:20

Trump's Import Tariffs Face Backlash from High-Profile Republican Allies

Prominent US billionaires Bill Ackman, Stanley Druckenmiller, and Ken Langone, previously strong Trump supporters, have publicly condemned his new import tariffs, warning of potentially catastrophic economic consequences and urging a policy reversal before their April 9th implementation.

Trump's Import Tariffs Face Backlash from High-Profile Republican Allies

Prominent US billionaires Bill Ackman, Stanley Druckenmiller, and Ken Langone, previously strong Trump supporters, have publicly condemned his new import tariffs, warning of potentially catastrophic economic consequences and urging a policy reversal before their April 9th implementation.

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Reduced Inequality

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What are the potential long-term implications of these import tariffs for US-China trade relations and the global economy?

The shift in opinion from these traditionally pro-Trump figures signals a growing apprehension about the economic ramifications of the administration's trade policies. The criticism could lead to pressure on Trump to reconsider or adjust his approach to tariffs, potentially impacting future trade relations and economic growth. The swift and significant negative reactions indicate a potentially larger-than-expected economic fallout.

npr.org

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Apr 9, 13:20

Bipartisan Bill Seeks to Curb Presidential Tariff Power

Senators Cantwell and Grassley introduced a bipartisan bill requiring President Trump to notify Congress within 48 hours of imposing tariffs, with Congress having 60 days to approve; Trump threatened a veto, while the bill has uncertain prospects in the House due to slim Republican support.

Bipartisan Bill Seeks to Curb Presidential Tariff Power

Senators Cantwell and Grassley introduced a bipartisan bill requiring President Trump to notify Congress within 48 hours of imposing tariffs, with Congress having 60 days to approve; Trump threatened a veto, while the bill has uncertain prospects in the House due to slim Republican support.

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What level of bipartisan support exists for the bill, and what are the prospects for its passage through both chambers of Congress?

The bill reflects concerns about the economic fallout from President Trump's tariffs, impacting consumers and retirement savings. The senators argue Congress has constitutional trade authority, citing constituent complaints about increased costs. Seven Republicans joined as co-sponsors, indicating bipartisan concern.

lemonde.fr

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Apr 9, 10:13

Anti-'Wokeness': Distinguishing Genuine Critique from Authoritarian Appropriation

The author criticizes the conflation of anti-"wokeness" sentiment with support for Putin and Trump, highlighting the distinct values motivating genuine critiques of "wokeness" versus those of authoritarian regimes.

Anti-'Wokeness': Distinguishing Genuine Critique from Authoritarian Appropriation

The author criticizes the conflation of anti-"wokeness" sentiment with support for Putin and Trump, highlighting the distinct values motivating genuine critiques of "wokeness" versus those of authoritarian regimes.

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Peace, Justice, and Strong Institutions

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What are the long-term implications of conflating opposition to "wokeness" with support for authoritarianism?

The author predicts that the conflation of anti-"wokeness" sentiment with support for authoritarian regimes will continue, hindering constructive criticism of "wokeness." This will further polarize debate and impede progress toward intellectual clarity and truth.

smh.com.au

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Apr 9, 04:11

Musk-Navarro Feud Exposes Trump's Tariff Divisions

Tesla CEO Elon Musk launched a public attack against Donald Trump's trade advisor Peter Navarro over tariffs, revealing divisions within Trump's inner circle and highlighting the impact of tariffs on businesses. The White House downplayed the incident, while Treasury Secretary Scott Bessent reported...

Musk-Navarro Feud Exposes Trump's Tariff Divisions

Tesla CEO Elon Musk launched a public attack against Donald Trump's trade advisor Peter Navarro over tariffs, revealing divisions within Trump's inner circle and highlighting the impact of tariffs on businesses. The White House downplayed the incident, while Treasury Secretary Scott Bessent reported...

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What are the immediate impacts of the public dispute between Elon Musk and Peter Navarro on Trump's trade policy and the business environment?

Elon Musk, CEO of Tesla, publicly criticized Peter Navarro, a trade advisor to Donald Trump, for his stance on tariffs, calling Navarro names and accusing him of spreading false information. This dispute highlights the internal divisions within Trump's administration regarding trade policy and the significant impact tariffs have on businesses like Tesla, which imports parts from overseas. The White House downplayed the incident.

foxnews.com

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Apr 9, 01:17

House Republicans Divided Over Trump's Legislative Framework

House Republicans are divided over President Trump's legislative framework, with fiscal conservatives rejecting the Senate's $4 billion spending cuts compared to the House's $1.5 trillion proposal, jeopardizing the bill's passage and delaying key policy changes on border security, energy, defense, a...

House Republicans Divided Over Trump's Legislative Framework

House Republicans are divided over President Trump's legislative framework, with fiscal conservatives rejecting the Senate's $4 billion spending cuts compared to the House's $1.5 trillion proposal, jeopardizing the bill's passage and delaying key policy changes on border security, energy, defense, a...

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What are the immediate consequences of the Republican division over the proposed spending cuts in Trump's legislative framework?

House Republicans are deeply divided over a sweeping legislative framework advancing President Trump's agenda, with fiscal conservatives strongly opposing the Senate's proposed $4 billion in spending cuts—a stark contrast to the House's proposed $1.5 trillion. This division jeopardizes the bill's passage, creating uncertainty about the implementation of Trump's key policy initiatives. Failure to pass the bill would halt progress on border security, energy, defense, and tax reforms.

nbcnews.com

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Apr 9, 22:13

Trump Pauses Most Tariffs, Raises China Tariffs to 125%

President Trump on Wednesday paused tariffs on most trading partners for 90 days after these countries agreed to discuss trade issues, but increased tariffs on China to 125% while maintaining others on autos, steel, aluminum, lumber, and pharmaceuticals; markets surged on the news.

Trump Pauses Most Tariffs, Raises China Tariffs to 125%

President Trump on Wednesday paused tariffs on most trading partners for 90 days after these countries agreed to discuss trade issues, but increased tariffs on China to 125% while maintaining others on autos, steel, aluminum, lumber, and pharmaceuticals; markets surged on the news.

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What were the immediate market reactions to President Trump's initial tariff announcement and subsequent 90-day pause?

President Trump unexpectedly paused his newly implemented tariffs on most trading partners for 90 days, a decision made after these countries expressed willingness to discuss trade issues with the U.S. However, tariffs on China increased to 125%, and tariffs on autos, steel, aluminum, lumber and pharmaceuticals remain in place. This action followed significant market volatility and public opposition from business leaders.

pda.kp.ru

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Apr 9, 13:20

Ukraine Rejects US Mineral Deal, Citing Sovereignty Concerns

Ukraine rejected a US proposal on post-war mineral resource development, citing sovereignty concerns; negotiations continue with a Ukrainian delegation visiting the US for talks, including representatives from an international law firm.

Ukraine Rejects US Mineral Deal, Citing Sovereignty Concerns

Ukraine rejected a US proposal on post-war mineral resource development, citing sovereignty concerns; negotiations continue with a Ukrainian delegation visiting the US for talks, including representatives from an international law firm.

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What are the immediate consequences of Ukraine's rejection of the US proposal on mineral resource agreements?

Ukraine refused the latest US deal on mineral resources, stating it compromises their economic and state sovereignty. Subsequent negotiations are underway, with Ukraine presenting counter-proposals. A Ukrainian delegation will visit the US for further talks.

theguardian.com

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Apr 9, 10:13

Trump's Threat to Irish Pharma: 21,500 Jobs at Risk

Donald Trump's threat to US pharmaceutical companies operating in Ringaskiddy, Ireland, jeopardizes 21,500 direct jobs and thousands more indirectly, impacting Ireland's €44.4bn pharmaceutical export sector and potentially causing significant economic and social disruption.

Trump's Threat to Irish Pharma: 21,500 Jobs at Risk

Donald Trump's threat to US pharmaceutical companies operating in Ringaskiddy, Ireland, jeopardizes 21,500 direct jobs and thousands more indirectly, impacting Ireland's €44.4bn pharmaceutical export sector and potentially causing significant economic and social disruption.

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Good Health and Well-being

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How does the pharmaceutical industry in Ringaskiddy contribute to the Irish and European economies?

The pharmaceutical industry's contribution to Ireland's economy is substantial, with €44.4bn of goods exported in 2024, significantly contributing to Ireland's corporate tax revenue. Trump's actions threaten this vital sector, impacting not only Ireland but also Europe's economy.

npr.org

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Apr 9, 10:13

Conflicting Trump Administration Messages on Tariffs Cause Market Turmoil

President Trump's administration issued conflicting messages on tariffs, with aides initially stating they weren't bargaining chips, while Trump later expressed openness to negotiation; this caused market turmoil and reputational damage to officials like Treasury Secretary Scott Bessent and Commerce...

Conflicting Trump Administration Messages on Tariffs Cause Market Turmoil

President Trump's administration issued conflicting messages on tariffs, with aides initially stating they weren't bargaining chips, while Trump later expressed openness to negotiation; this caused market turmoil and reputational damage to officials like Treasury Secretary Scott Bessent and Commerce...

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What immediate market impact resulted from the conflicting messages on tariffs from the Trump administration?

President Trump's administration sent mixed signals on tariffs, with aides initially claiming they weren't bargaining chips, while Trump later stated openness to negotiation. This caused market turmoil and reputational damage to officials like Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, who offered conflicting statements.

cbsnews.com

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Apr 9, 04:11

Trump's NAFTA Factory Closure Claim Challenged by Updated Data

President Trump's claim of 90,000 factory closures since NAFTA is challenged by updated data showing a net loss closer to 70,500 establishments between 1997 and 2022, with many being small facilities; other factors like automation and global competition also contributed to manufacturing job losses.

Trump's NAFTA Factory Closure Claim Challenged by Updated Data

President Trump's claim of 90,000 factory closures since NAFTA is challenged by updated data showing a net loss closer to 70,500 establishments between 1997 and 2022, with many being small facilities; other factors like automation and global competition also contributed to manufacturing job losses.

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Besides NAFTA, what other significant factors contributed to the decline in U.S. manufacturing jobs and establishments?

While the loss of manufacturing jobs and establishments is substantial, attributing it solely to NAFTA is an oversimplification. Factors like increased automation, competition from China, and economic recessions also contributed significantly to this decline. The updated data clarifies the scale of factory closures but doesn't pinpoint NAFTA as the primary cause.

foxnews.com

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Apr 9, 01:17

Trump Announces $1 Trillion Pentagon Budget

President Trump and Defense Secretary Hegseth announced a planned $1 trillion Pentagon budget for fiscal year 2026, a 12% increase over the current $892 billion, prioritizing new weapons systems like the F-47 fighter jet despite ongoing cost-cutting measures.

Trump Announces $1 Trillion Pentagon Budget

President Trump and Defense Secretary Hegseth announced a planned $1 trillion Pentagon budget for fiscal year 2026, a 12% increase over the current $892 billion, prioritizing new weapons systems like the F-47 fighter jet despite ongoing cost-cutting measures.

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Peace, Justice, and Strong Institutions

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What are the immediate implications of a $1 trillion Pentagon budget on military spending and modernization?

President Donald Trump and Defense Secretary Pete Hegseth announced plans for a $1 trillion Pentagon budget, a 12% increase from the current $892 billion. This increase would fund new equipment and technologies, including the Air Force's sixth-generation fighter jet, the F-47, and potentially the Navy's F/A-XX.

Showing 2,953 to 2,964 of 9,874 results