Trump, Liberation Day and reciprocal tariffs
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Reuters |
How concerned Federal Reserve officials were over stagflation risks as they met last month may become more clear on Wednesday in a readout of a gathering held before President Donald Trump's April 2 t...
Reason |
"Tariffs are taxes, and the power to tax belongs to Congress—not the president," Sen. Rand Paul (R–Ky.) said in a statement.
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5don MSN
Trump also slammed China, which retaliated against his sweeping tariff policy Friday with a new 34% tariff on U.S. goods.
U.S. President Donald Trump has for weeks pegged April 2 as "Liberation Day", when he plans to impose an array of new tariffs that could upend the global trade system. Tariffs also have big implications for corporate earnings, global growth, inflation and ...
America and the world just learned the scariest lesson about Donald Trump’s second term after a week of his capricious tariff war leadership. The fate of the US economy, the jobs and retirement savings of millions of people,
Trump and officials in his administration were fielding calls from worried allies, and his advisers presented him with worrying data about the bond markets.
The relief offers hope that agreements can be negotiated to avoid further trade barriers and offer the business community clarity and certainty.
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Those moves marked some of the best days ever for these stock indexes, and while positive news about tariffs is welcome, investors still need to stay calm and play the long game. Trump announced the 90-day pause on tariffs from his Truth Social account,
1don MSN
House Republicans are moving to turn off Democrats’ ability to force a vote on rescinding the sweeping global tariffs imposed by President Trump as part of his “Liberation Day” announcement. Language tucked into procedural rule legislation setting up debate on an unrelated matter — the budget resolution blueprint for Trump’s legislative agenda — removes
1don MSN
Trump’s expanded steel and aluminum tariffs came into effect in March. Both metals are now taxed at 25% across the board, with Trump’s order to remove steel exemptions and raise aluminum’s levy from his previously imposed 2018 import taxes taking effect March 12.