Trump imposes ‘Liberation Day’ tariffs on every nation
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"I think it's a very sad situation that farmers are the ones who helped put him into office, and we are the ones who are taking the hit."
From CBS News
Britain said it believed a trade deal with the United States was close as it sought to soften the impact of U.S. President Donald Trump's sweeping tariffs which threaten an escalating global trade wa...
From Reuters
Foreign countries, including long-time US allies, say Trump’s tariffs won’t go unanswered, setting the stage for a global, tit-for-tat trade war that could quickly spiral out of control.
From CNN
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On the winning side of Wall Street was PVH, which jumped 19.6%. The company behind the Calvin Klein and Tommy Hilfiger brands reported a stronger profit for the latest quarter than analysts expected. It also said it plans to send $500 billion to shareholders this year through purchases of its own stock.
1don MSN
The large service side of the economy grew in March at the slowest pace in nine months, reflecting government spending cuts and uncertainty among businesses spawned by U.S. tariffs. The service index compiled by the Institute for Supply Management dropped to 50.8% in March from 53.5% in the prior month.
Guess we’re really doing this, huh? Happy Thursday.
Economists and analysts have expressed concerns about the potential repercussions of these tariffs. There is apprehension that levies could hike consumer prices, disruptions in global supply chains, a
Liberation Day” has come and gone, and although Americans have a clearer picture of the kind of tariffs President Donald Trump will impose on other countries, the jobs outlook he promised is much murkier.