Trump to unleash reciprocal tariffs
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Newsweek |
While announcing the measures, Trump invoked national security powers under a continuing state of emergency to justify the action, circumventing Congressional approval.
Reuters |
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade wa...
CNN |
The simple calculation used by the Trump administration could have broad implications for countries America depends on for goods — and the global companies that supply them.
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Investors are clearly concerned about the impact tariffs might have on Apple, which at one point on Thursday was having its worst trading day in five years. Bank of America analyst Wamsi Mohan on Thursday morning cut his price target on Apple from $265 to $250, though he maintained his buy rating on the stock.
U.S. stocks plummeted Thursday after President Donald Trump announced reciprocal tariffs on 185 countries, further raising the risk of a global trade war. It may not be the best day to look at your 401(k),
President Donald Trump’s rollout of reciprocal tariffs on April 2 has sent international stocks lower, with exchange-traded funds targeting equities in China, Vietnam and Europe under selling pressure.
President Trump's sweeping new set of tariffs impact friends and foe alike, but also on the list are uninhabited islands while glaring omissions include Russia and Iran.
Senate rebuke: Four GOP senators broke with Trump to pass a Democratic-led resolution to revoke the Canadian tariffs. Sen. Mitch McConnell, who voted in favor, warned that the tariffs will raise costs for producers and consumers. The bill is unlikely to pass in the House. [NBC News]
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The reciprocal tariffs announced by U.S. President Donald Trump have initially drawn measured reactions from key trading partners, highlighting the lack of appetite for a full-fledged trade war.