White House, Trump and Tariffs
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White House press secretary Karoline Leavitt quickly shut down reports of a pause based on Hassett’s comments, telling CNBC it was “fake news.”
From Forbes
As Trump reversed his larger “reciprocal” tariffs on most of the world in the face of recession fears, he nonetheless hiked his tariffs on China once again.
From The Boston Globe
The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty duties he had just imposed on dozens of countries, European Com...
From Reuters
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Trump, stock and dollar
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Long-threatened tariffs from U.S. President Donald Trump have plunged the country into trade wars abroad — all while on-again, off-again new levies continue to escalate uncertainty.
From Associated Press News
When pressed again on what is making Trump optimistic, Leavitt sidestepped, only saying "he's optimistic," without explanation.
From ABC
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In a dramatic move Wednesday, Trump authorized a 90-day pause in the higher tariffs for most countries he announced last week while maintaining a 10% universal tariff.
A week of turmoil unleashed by U.S. President Donald Trump's tariffs showed little sign of easing on Friday, with markets again tumbling and foreign leaders trying to work out how to respond to a dismantling of the world trade order.
Even by the standards of Trump’s second term, the saga that had played out over the past week left the world struggling to catch its breath.
President Trump on Wednesday announced a 90-day pause and lowered reciprocal taxes on U.S. trading partners that have not retaliated against the country over its new tariffs, but increased China’s
Trump acknowledged "transition problems" as stocks tumbled again following the White House's clarification that China faces a 145 percent tariff.
President Donald Trump’s rapid-fire trade war has set in motion a commercial rupture without precedent, which is rippling through the global economy in unpredictable and costly ways. The triple-digit taxes that the president has imposed on Chinese products — and China’s retaliatory measures — are expected to shrink trade between the world’s two largest economies from a recent annual peak of nearly $700 billion to almost nothing.
We're replacing BBC Sounds outside the UK and bringing you BBC.com, a seamless way to read, watch, and listen - all in one place. Donald Trump has recognised tariff 'transition difficulty' as US stock