Trump, Tariff
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NBC News |
Trump announced a 90-day pause on tariffs for more than 75 trading partners that did not retaliate after his sweeping duties went into effect.
Reuters |
Wall Street surged after U.S. President Donald Trump announced a 90-day pause in tariffs he announced last week.
The Financial Times |
Reserving India’s entire iPhone output for the US would allow it to cover around 30mn of the 50mn-plus iPhones it ships to the US each year, according to Bank of America analyst Wamsi Mohan.
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Trump, tariffs
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NBC News |
However, Trump said duties against China would now climb to a total of 125%, effective immediately.
Las Vegas Sun |
The U.S. stock market is shaking in another twitchy day of trading after most other markets tumbled Wednesday as President Donald Trump’s trade war keeps escalating.
MarketWatch |
“While a recession is not off the table, the likelihood has diminished from where it was early this morning before the 90-day pause was announced,” said Chris Bragati, chief investment officer at SWB...
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Trump's turnabout, which came less than 24 hours after steep new tariffs kicked in on most trading partners, followed the most intense episode of financial market volatility since the early days of the COVID-19 pandemic.
President Donald Trump’s abrupt decision to reverse course on his sweeping tariff plan by announcing a three-month pause revealed his threshold for political pain: One week.
Sources say former White House national security adviser H.R. McMaster was surprised to hear President Trump's voice on the phone.
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South Korea's top trade envoy Cheong In-kyo said on Thursday that U.S. President Donald Trump's tariff reprieve had provided room for negotiations, as the country seeks to reduce tariffs through talks.
President Donald Trump's approval rating from American men has taken a turn for the worse in recent weeks, numerous YouGov/Economist polls show. Newsweek reached out to the White House via email for comment on Wednesday.
Trump and House GOP leaders have routinely melted internal party opposition this year with promises and appeals to Republican unity. This time, they face dug-in critics of the bud
Small factories with tiny profit margins have played a central role in China’s international competitiveness. Many could now face disaster.
President Donald Trump said on Wednesday that he would use the power of the Justice Department to go after two officials who were highly critical of him during his first term in office, including one whose anonymously written New York Times op-ed claiming he was part of the “resistance” to Trump’s presidency captivated the nation for years.
Treasury Secretary Scott Bessent helped persuade the president to take some time and negotiate with trading partners in the face of pressure from business leaders.