TRUMP TARIFFS
Tariffs could end Donald Trump's presidency and mark his downfall, says top data scientist as poll after poll shows Americans are fed up with his policies
Trump tariffs controversy is heating up as President Donald Trump’s new trade move, dubbed “Liberation Day,” sparks backlash across America. With 56% of Americans opposing the tariffs, even CNN’s top data expert Harry Enten says this risky economic decision could potentially end Trump’s presidency. While Trump’s team defends the policy as a win for American industry, polls show voters are worried about rising costs and trade wars. Will this bold move shape the 2025 election? The stakes are high, and the public's patience is wearing thin.
From vegetables, smartphones, your wallet to jobs, all things that are under Donald Trump's Tariffs impact
President Donald Trump's sweeping new tariffs, on top of previous levies and retaliation worldwide, are expected to increase prices for everyday items, as per a report.
First big warning for Donald Trump: Ted Cruz says tariffs could lead to a bloodbath for Republicans in midterm elections
Rising tensions within the GOP as top senators, including Ted Cruz, criticize President Trump's tariffs. Cruz warns of serious economic consequences, including increased inflation and market harm, potentially leading to Republicans losing control of Congress. Senators like Rand Paul also oppose tariffs, suggesting they burden American consumers. Legislation is being promoted to limit or repeal tariffs.
Trump tariff hunt eyes India's last stock market refuge but it won't be an easy kill
Indian pharmaceutical stocks took a hit as Trump's threat of imposing tariffs on pharma imports spooked investors. Despite India's strong presence in the US generics market, potential tariffs may increase costs for US consumers and create supply chain challenges.
Trump's tariffs: How will they impact your wallet and what can you do to prepare yourself?
President Trump's new tariffs on imported goods will likely increase consumer prices on essentials and big-ticket items, disproportionately affecting low-income households. Economists highlight potential job losses and inflation impacts. Prices for groceries, electronics, clothing, and homebuying may rise. Consumers should prepare for higher costs and seek second-hand or generic alternatives to adapt.
Do you know how Trump calculated 'reciprocal' tariffs? The formula will leave you baffled
There were concerns about the methodology that the United States used to arrive at country wise tariff rates. “Reciprocal tariffs are calculated as the tariff rate necessary to balance bilateral trade deficits between the US and each of our trading partners," US Trade Representative Memo said. However, an analyst has said that Trump's tariffs calculations is not standard economics.
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Dow plummets 1,400 points, Nasdaq down 5%, S&P 4% as Trump tariffs trigger recession fears
U.S. stock indexes fell sharply on Thursday as President Trump's tariffs on major trade partners sparked fears of a trade war and economic recession. Key technology stocks like Apple and Microsoft experienced significant declines, highlighting investor concerns. Traders anticipate multiple Federal Reserve interest rate cuts this year due to the heightened economic risks.
Trump tariffs are ‘disaster’ for the world’s poorest countries
US President Trump's new reciprocal tariffs will heavily impact some of the world's poorest countries, with rates up to 50%. These tariffs could undermine their labor-intensive export industries, pushing these nations to seek markets in Europe, Japan, and Australia. US aid cuts and China's growing influence exacerbate the situation.
Trump's tariff tactics: How US trade policies could affect global economy
With U.S. President Donald Trump enforcing new tariffs, future aggressive methods could be used to modify global trade. Tactics could include weakening the dollar, leveraging the Federal Reserve's foreign bank swap lines, and exploiting credit card firms Visa and Mastercard. European responses may include imposing tariffs or limiting U.S. banks' access to the EU.
Trump tariff on India back to 26% from 27% in revised White House document
The Trump administration revised reciprocal tariff rates for 14 countries, including India, lowering India's rate from 27% to 26%. South Korea, Botswana, and others experienced fluctuations. Initially, a global 10% tariff was applied on April 5, with additional increases for specified countries. Notably, some overseas territories were omitted from the annex.
Trump tariffs fallout! Crude oil prices hit 5 month low, plunge up to 8% to slip below $70 bbl mark
Crude oil prices for Brent and WTI benchmarks dropped below $70 per barrel after Trump's tariff announcements sparked fears of a global trade war. This led to substantial sell-offs in commodity markets. WTI crude fell over 7%, while Brent futures dropped 6.63%. The tariffs could significantly impact U.S. economic growth and increase inflation.
Trump's tariff gamble: A bold move or political suicide?
President Donald Trump announced new tariffs to boost U.S. manufacturing and alter supply chains. These tariffs might lead to higher consumer prices and potential economic downturns. Experts believe it will take years to see the positive effects. The tariffs could also impact the upcoming midterm elections in 2026, with possible political risks for the Republican party.
From China to Canada, how are countries going to tackle Trump's tariff war?
In response to President Trump's new 10% tariffs on global goods and higher reciprocal tariffs, several governments are strategizing countermeasures. The EU, China, and Japan plan to retaliate, while Canada and South Korea announce support measures. Mexico seeks a different approach, and the UK, Australia, and Brazil evaluate their responses, emphasizing negotiation and avoiding direct tit-for-tat tariffs.
Trump tariffs: What were old rates, and what changed after reciprocal tariffs?
President Donald Trump's decision to impose a 10% tariff on most U.S. imports and higher levies on specific countries has sparked a global trade war. This move has roiled world markets, with significant impacts on countries like Japan, China, and India, and threatens to increase inflation and hinder economic growth.
Trump tariff tidal wave hits markets: Why India may dodge the trade bullet
Donald Trump's recent tariffs have shaken global markets, but India remains relatively resilient, with its Sensex and Nifty showing minimal declines. Despite a 27% tariff, India's exports, particularly in IT services and pharmaceuticals, remain competitive. The country is poised to gain from China's tariff woes, although challenges remain, especially with potential U.S. recession risks and trade policy uncertainties.
Trump's tariff tantrums: These six things could get more expensive for Americans after 'Liberation' Day
The Trump tariffs are set to arrive "immediately." President Donald Trump has been repeatedly calling April 2 "Liberation Day," promising major tariff announcements. Trump has suggested tariffs will hit all countries, and could take effect immediately. However, economists have warned that US consumers will have to face the brunt of tariffs with prices of groceries, fuel and essentials going up.
Americans' reaction to Trump's tariffs vary from worried to enthused
President Donald Trump's broad tariffs announcement sparked strong reactions from various sectors. Critics, including business groups and economists, warned of higher prices and slower economic growth. Supporters commended the move for protecting American industries and jobs, viewing it as a significant shift in trade policy.
Trump’s tariff bombshell hits India, but some desi sectors dodge the shrapnel
Trump Tariffs: US President Donald Trump has imposed significant tariffs on imports, including a 26% tariff on Indian exports. These measures aim to address trade imbalances but may allow India to strengthen its position in certain sectors like pharmaceuticals, electronics, and textiles.
Trump Tariffs: One key sector was exempted from US President Donald Trump duties. Which countries will benefit?
Donald Trump announced a slew of tariffs on April 2 and included a number of sectors.
Trump's tariff keeps everyone guessing. Is it a recipe for economic disaster?
The impact of President Trump's tariff plan remains uncertain, with potential economic damage and international retaliation yet to be seen. The announcement has caused spikes in trade uncertainty and market instability. Concerns arise over the efficacy of tariffs in achieving long-term goals, particularly regarding the cost and investment consequences. Experts foresee rough times for U.S. markets.
Trump tariffs draw global promises of counter measures
Governments globally have announced counter measures following President Trump's decision of imposing a new 10% baseline tariff on imports, in addition to reciprocal tariffs on certain countries. Nations such as China, Japan, South Korea, and Canada, as well as the EU and Brazil, have detailed their responsive strategies which include legal actions, negotiations, and support for affected industries.
Japan says it is leaving all options open against Trump's tariffs
Japanese Trade Minister Yoji Muto stated that Japan is considering all options in response to U.S. President Trump's newly announced tariffs, which include a 24% tariff on Japanese goods and a 25% tariff on car imports. Muto expressed disappointment over the decision and emphasized Japan's concerns about the consistency of these tariffs with World Trade Organization rules. Japan will establish a task force to analyze the impact and explore possible responses.
Trump's tariffs set to drive up bar bills and cut booze jobs
US President Donald Trump's tariffs will lead to higher prices for drinks, job losses, and the disappearance of numerous imported brands from U.S. menus. The 25% tariffs on various international spirits and beers impact popular imports, causing concerns for European exports and potential mass layoffs in the production sectors of affected regions.
US Commerce Secy Lutnick evades India tariff question post Trump's announcement
US Commerce Secretary Howard Lutnick avoided commenting on President Trump's new tariffs on India, which include a 26% tariff. Trump criticized India's 52% tariff and announced a 25% tariff on foreign-made automobiles. Experts expect Indian textiles, electronics, and jewelry exports to be hit hardest.
Trump tariff rollout to retaliate against India & others opens new era of risk for global economy
US President Donald Trump will announce expansive US trade restrictions, including reciprocal tariffs. The announcement is set for a 4 p.m. White House Rose Garden event. Details about the tariffs, including their size and scope, are still being discussed. The world is waiting for more information about these significant trade measures.
Tariff tornado: Why Trump’s trade tempest won’t end so easily tonight on April 2
Trump tariffs: As US President Donald Trump prepares to announce reciprocal tariffs, uncertainty grips global markets. While new trade barriers take effect immediately, experts warn of economic risks, inflationary pressures, and potential market volatility. Investors seek clarity amid fears of escalating trade tensions.
Donald Trump tariffs could ensure largest tax increase for US since World War II but would cost average American household additional $3,400 to $4,200, claim experts
Donald Trump is announcing new Liberation Day tariffs on April 2. The reciprocal tariffs President Trump plans to announce follow similar recent announcements of 25 per cent taxes on auto imports; levies against China, Canada and Mexico; and expanded tariffs on steel and aluminum.
Recession coming soon? As Donald Trump unleashes April 2 'Liberation Day' Tariffs, here's what experts are predicting
Donald Trump's already announced auto tariffs of 25 per cent are due to come into effect on April 3.
Donald Trump's 'Liberation Day' tariffs are coming. What do these duties mean for you and USA economy?
April 2 Trump Tariffs are coming into effect on Wednesday as economic experts are still guessing the probable impact of these duties.
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