The former president has proposed using tariffs to fund child care, boost manufacturing, quell immigration and encourage use of the dollar. Economists are skeptical.
Category: Customs (Tariff)
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Trumponomics 2.0: Breaking Down Donald Trump’s Economic Plan
Higher tariffs, lower taxes, and more of Elon Musk: The former president outlined his economic vision to an audience of business leaders. But questions abound.
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The Big Number: 100 Percent
The Canadian government will impose a new tariff on electric vehicles made in China, further escalating trade tensions between Western countries and China.
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Harris and Trump Embrace Tariffs
Both Democrats and Republicans are expressing support for tariffs to protect American industry, reversing decades of trade thinking in Washington.
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What Across-the-Board Tariffs Could Mean for the Global Economy
Donald J. Trump, the Republican presidential nominee, has floated the idea of a 10 percent tariff on all U.S. imports, a plan that economists say could badly damage trade.
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Canada Will Impose 100% Tariffs on Chinese Electric Vehicles
The new tariffs announced by Prime Minister Justin Trudeau will match levies imposed by President Biden and could further strain relations between Canada and China.
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Europe Slashes Tariffs for Tesla Vehicles Made in China
The European Commission will charge the U.S. automaker an additional duty of 9 percent, much lower than tariffs levied on its Chinese peers for electric vehicles imported to Europe.
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Businesses Are Already Girding for Next Phase of the U.S.-China Trade War
Alarmed by the prospect of increased tariffs on Chinese goods if Donald Trump is elected, some American companies are stockpiling parts and delaying expansions.
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Trump’s Tax Plan Could Add to the National Debt. Harris’s Is a Mystery
The former president’s proposals to cut taxes would lose far more revenue than his plans to raise tariffs. The vice president has not addressed fiscal policy in detail.
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A Harris Economy Could Prove More Progressive Than ‘Bidenomics’
As a presidential candidate in the past, the former California senator pushed for higher taxes and bigger housing investments.
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Trump’s Proposed Tax Cuts and Increased Tariffs Could Hurt Poorer Households
Some Republicans want to use revenue collected from higher duties on foreign goods to finance tax cuts. Economists say such a shift could widen the gap between the rich and the poor.
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Trump’s Proposed Tax Cuts and Increased Tariffs Could Hurt Poorer Households
Some Republicans want to use revenue collected from higher duties on foreign goods to finance tax cuts. Economists say such a shift could widen the gap between the rich and the poor.