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.
Category: Customs (Tariff)
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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.
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Trump-Vance Administration Could Herald New Era for Dollar
Both candidates on the Republican ticket have argued that the U.S. currency should be weaker to support American exports.
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I.M.F. Sees Signs of Cooling in U.S. Economy
The International Monetary Fund warned that inflation remained stubbornly high and that protectionism posed a risk to the global economic outlook.
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Republican Party Rejects Free-Market Economics in Favor of Trump’s Signature Issues
The Republican Party is rejecting elite economic ideas in a bid for blue-collar votes, abandoning long-held free-market principles in the process.