Trump, White House and Tariff
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Aides struggled to satisfy the president’s competing priorities before settling on a plan to both raise revenue and boost corporate onshoring.
From The Wall Street Journal
Loomer urged Trump to fire specific NSC employees who she did not deem supportive enough of the president's agenda, according to several US media reports.
From BBC
Waltz has taken responsibility for building the text chain, but has said he does not know how Goldberg ended up being included.
From Yahoo
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Trump, tariffs
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Most economists agree the tariffs are likely to cause short-term consequences for Americans, who may face higher prices or an economic slowdown.
From Newsweek
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade wa...
From Reuters
World markets were left reeling on Thursday after U.S. President Donald Trump unveiled reciprocal tariffs to match duties put on U.S. goods by other countries.
From Reuters
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Washington, Wall Street and global leaders have spent two days fretting whether President Donald Trump is open to compromise on his new tariffs or whether they are as final as the White House has been making them out to be. Trump ended some of the mystery on Friday: He’s ready to talk, though maybe not quite ready to cut deals.
How the White House calculated the new rates and why it’s not reciprocal at all - With the help of a large chart, the president unveiled his latest wave of tariffs on Wednesday, on what he called ‘Lib
But then financial journalist James Surowiecki concluded that Trump’s retaliatory tariffs were based on a simple formula: a country’s trade deficit, divided by the country’s exports to the United States.
Attempting to defend Trump's tariffs, the White House points to studies that show they raise prices, cut manufacturing output, and lead to costly retaliation.
The Trump administration's tariff calculations appear on paper to be a simplified math of America's trade relationships.
President Donald Trump pushed back TikTok’s sell-or-be-banned deadline by 75 days on Friday. That marks the second time the White House has given TikTok a last-second reprieve to find an American buyer for its U.
4hon MSNOpinion
During the pandemic, Team Trump tried to craft a formula that told them what they wanted to hear. With tariffs, they did it again. Both were failures.
Economists say Trump's 'reciprocal' tariffs appear to be 'some other made-up measure based on a formulaic trade deficit calculation.'
Wall Street had its worst week since 2020 as markets brace for the potentially devastating impact of President Trump's tariffs.