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Trump’s broad tariffs now in effect. Here’s what you need to know
Trump has continued to promote tariffs as a path to reducing the trade deficit. However, many importers sought to avoid the taxes by importing more goods before the taxes went into effect. As a result, the $582.7 billion trade imbalance for the first half of the year was 38% higher than in 2024.
Trump’s broad tariffs go into effect just as US economic pain is surfacing
Global financial markets have taken President Donald Trump's tariff adjustments in stride. Shares in Asia and Europe, as well as U.S. futures, are mostly higher Thursday after Trump started imposing higher import taxes on goods from more than 60 countries,
President Donald Trump's so-called reciprocal tariffs came into effect on Thursday, after months of on-and-off again threats ...
US President Donald Trump has said he may impose additional tariffs not only against India but also against other countries ...
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China has reported its exports surged 7.2% in July from a year earlier while its imports grew at the fastest pace in a year, ...
Meanwhile, India's foreign ministry has hit out at what it calls U.S. hypocrisy in ignoring its own trade with Russia that ...
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U.S. President Donald Trump on Wednesday said he could announce further tariffs on China similar to the 25% duties announced ...
President Trump’s executive order carved out a special tariff on goods shipped indirectly to the United States by way of ...
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Oil closed 1% lower Wednesday after President Donald Trump announced new India tariffs. Traders seem to believe Trump won't ...
Price increases were set to hit coffee, shoes, appliances and other products as a result of the new levies, analysts ...
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The 50% tariffs announced by US President Donald Trump on many Brazilian products took effect Wednesday, a situation that ...
President Donald Trump said the United States will impose a tariff of about 100% on imports of semiconductors but offered up ...
P resident Donald Trump said the U.S. was “getting very close” to a deal with China, while also threatening to impose higher ...
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