Trump, tariff
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Explícame on MSNTrump's Tariffs of Up to 50% Set to Take Effect on August 1stThe Trump administration is poised to implement a new wave of tariffs, potentially reaching 50% for certain nations, effective August 1st. This move underscores President Trump's strategy of using tariffs as leverage to secure international concessions and reshape global trade relations.
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In the wake of those “Liberation Day” tariffs, financial markets took fright. On April 9 the Trump administration hit pause: the “reciprocal” tariffs were deferred until July 9 and replaced by an across-the-board 10% tariff increase, with a handful of exceptions.
Prices have risen a tad on some items especially affected by tariffs. But for the most part, companies are finding ways to delay price increases — for now.
Economic data from the past few months provide a preview of what's to come after the August 1 tariffs hit: Higher prices for Americans.
US President Donald Trump welcomes his second official visitor on his five-day trip to Scotland today, as UK Prime Minister Sir Keir Starmer heads to Turnberry. The pair will meet at the Trump-owned Ayrshire golf resort this morning, before travelling together to Aberdeenshire to visit the president's other Scottish golf course.
President Donald Trump on Saturday announced 30 percent tariffs on all European goods entering the U.S., prompting pushback from European allies.
Pharma firms are calling for clarity on tariffs imposed under the new U.S.-EU trade agreement, as analysts warn that punitive sector-specific levies could risk blowing up the entire deal. Ambiguity abounds around the terms for pharmaceutical goods under the trade truce agreed Sunday, which imposes 15% tariffs on EU goods imported to the U.S.
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President Trump sets August 1st date for more tariffsWASHINGTON (NEXSTAR) – President Donald Trump plans to impose a 50 percent tax on copper imports in an effort to boost U.S. production. The tariff takes effect next month on top of existing 50 percent tariffs on steel and aluminum. The announcement came ...