President Trump and his advisers say his policies may cause short-term pain but will produce big gains over time. Many economists are skeptical of those arguments.
Category: Customs (Tariff)
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Trump’s Unwelcome News to Auto Chiefs: Buckle Up for What’s to Come
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.
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An Uncertain Economic Moment Poses a Big Test for the Fed
The U.S. central bank prepares to meet under a cloud of concern about the economic hit from President Trump’s tariffs.
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Fear of Trump’s Tariffs Ripples Through France’s Champagne Region
Merchants worried that a trade war could wreak financial havoc in a region that has a robust business exporting the world’s finest bubbly to the United States.
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Stocks Rebound After S&P’s Fall Into Correction, but Trump Tariffs Keep Markets on Edge
The gains on Friday were the biggest daily jump since President Trump’s election. But they weren’t enough to overcome steep tariff-induced losses earlier in the week, and the S&P 500 remained in negative territory.
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Hope for a Trump Energy Boom Is Marred by Anxiety About Tariffs
Energy executives meeting in Houston expressed concerns about President Trump’s trade and economic policy even as they praised him and his administration.
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Buying a Car? Trump’s Tariffs Could Make It More Expensive.
New car prices could increase $4,000 or more, according to one estimate. And used cars could also rise in price. “It’s a crazy situation for consumers,” an expert said.
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Tesla, Tariffs and a Market Meltdown
Even Elon Musk’s electric vehicle maker is bracing for pain from the trade wars, as stocks fall into correction territory.
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Why China Is Worried About Trump’s Tariffs on Mexico
China’s exports to developing markets have soared, opening indirect routes to the U.S. market that officials in Beijing worry may be closed under pressure from President Trump.
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Wine Businesses Fear Disaster in Threat of Huge Tariffs
President Trump’s threat to impose 200 percent fees on European wines could harm importers, distributors, retailers and restaurants without necessarily helping U.S. producers.
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Trump Expands Trade Threats in Global Game of Chicken
Trade wars with allies could spiral as the president tries to get trading partners to back down from retaliation with new threats of his own.
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Stocks slide into correction as tariff anxiety persists.
The S&P 500 is on the cusp of closing in a correction, or a 10% drop from its February high. Constantly moving goal posts on tariffs and trade have rattled investors.