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China said on Friday it will impose reciprocal 34% tariffs on all imports from the United States from April 10, making good on a promise to strike back after US President Donald Trump escalated a global trade war.
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.
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Trump believes tariffs will restore the U.S. economy, but there's no shortage of commentary and surging betting odds over growing fears of a U.S. recession. Federal Reserve Chair Jerome Powell warned on Friday that the new tariffs will likely drive up inflation and slow economic growth.
Speaking at a conference on Friday, Federal Reserve Chair Jerome Powell said “it is now becoming clear that the tariff increases will be significantly larger than expected,” and the economic
The Trump administration’s 10% global tariff will take effect at 12:01 a.m. on Saturday, subjecting every nation and the vast majority of imported products to new duties. The 10% tariff will apply to all nations,
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Experts advise caution. Earlier this week, gold prices soared to another record high as investors fled to safer assets. Trump’s sweeping tariffs of at least 10% on most countries, and higher on some,
The Vietnamese government said on Friday it had asked the United States to postpone by one to three months its reciprocal tariff rate of 46% on imports from Vietnam to allow time for negotiations. Vietnam will also take steps to import more American goods,