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Fox Business |
If China continues to retaliate, it's not good for China.
Reuters |
The dollar fell broadly on Friday as ongoing concern about U.S. tariffs undermined confidence in the currency as a safe haven, sending it to its lowest in a decade against the Swiss franc and a three...
CNET |
Due to the fact that China is its third biggest trading partner, and given the extremely high new rate, experts noted that the US's overall tariff rates remained the highest in roughly a century.
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Trump announced that he authorized a 90 day pause on the lofty tariffs and a “substantially lowered reciprocal tariff during this period, of 10%, also effective immediately” in a post on Truth Social Wednesday afternoon, ending days of speculation around whether or not the tariffs would actually go into effect or were negotiable.
Media coverage of Wall Street this morning focused on the quick drop in major indexes, following last week’s bruising losses due to Donald Trump’s tariff announcement. Then, shortly after 10 a.m. ET,
In a dramatic move Wednesday, Trump authorized a 90-day pause in the higher tariffs for most countries he announced last week while maintaining a 10% universal tariff.
President Trump and Israeli PM Netanyahu set for White House meeting to discuss ending U.S. tariffs on Israel, the war in Gaza, the release of hostages and Iran's nuclear threat.
A week of turmoil unleashed by U.S. President Donald Trump's tariffs showed little sign of easing on Friday, with markets again tumbling and foreign leaders trying to work out how to respond to a dismantling of the world trade order.
Financial markets around the world soared Thursday amid hope the global trade war might be easing after President Trump's 90-day pause on tariffs.
Even by the standards of Trump’s second term, the saga that had played out over the past week left the world struggling to catch its breath.
President Trump on Wednesday announced a 90-day pause and lowered reciprocal taxes on U.S. trading partners that have not retaliated against the country over its new tariffs, but increased China’s