Trump, Tariff
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Many U.S. small businesses could face a financial crunch as President Trump's reciprocal tariffs take effect on Wednesday, slapping new import duties on products from almost every nation across the gl...
From CBS News
Kevin Hassett, the head of the White House National Economic Council, said that he did not expect to “see a big effect on the consumer in the U.S.,” even as he acknowledged in an appearance on ABC’s “...
From The New York Times
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Turmoil following Trump’s tariffs are sending experts and consumers into a frenzy about a potential recession.
Ken Griffin: The Citadel founder—and major Republican donor—said at an event Monday that Trump’s tariffs are a “huge policy mistake,” with Bloomberg reporting he urged audience members to lobby Trump to step back on the tariffs and said he’s “really afraid of [the U.S.] abdicating our role of leadership for the free world.”
A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.
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Latin Times on MSNTop Republican Pollster Says Trump's Impact on Economy is The 'Exact Opposite' of What Americans Voted ForGOP pollster Whit Ayres is warning that "higher prices and slower growth are exactly the opposite of what Americans voted for"
Mr. Trump has said the two new tariffs he unveiled Wednesday — a 10% universal duty on all U.S. imports and so-called reciprocal tariffs applied to imports from about 90 nations — will revitalize American manufacturing, create jobs and generate federal revenue.
Recent stock market swings have rattled investors. What do they mean for consumers who may not have money tied up in stocks?
Donald Trump and China clashed over tariff increases. China promised countermeasures. Other nations are planning responses to the trade war. Japan seeks tariff reconsideration. India wants a trade deal.
Stocks are rebounding Tuesday after investors suffered a three-day sell-off that wiped out trillions in market value amid anxieties about the economic impact of President Trump's wide-ranging reciprocal tariffs.
1hon MSNOpinion
President Trump’s executive order on tariffs is a national sales tax that consumers will pay on top of their local property, state sales and income and federal taxes, and is estimated to