Trump, tariff and White House
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Trump, European Central Bank and rates
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Detroit Axle said Trump's new tariff policy is forcing it to shut a facility and cut jobs. Experts look for more companies to do the same.
Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of U.S. imports. In recent days, however, Trump announced plans to slap tariffs as high as 50% on dozens of countries, including 25% tariffs on top U.S. trade partners such as Japan and South Korea.
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Explícame on MSNProtectionism or Danger? Trump's Tariff Strategy and the Debate over its Real Impact
This policy has sparked intense debate, raising the question of whether it is a calculated protectionist strategy to revitalize domestic industry or a dangerous path towards global economic instability.
As the tariff pause ends, the Trump administration should pivot to a more targeted and strategic policy that minimizes domestic harm.
A new report found inflation on the rise in June, renewing concerns that inflation is roaring back thanks to Donald Trump's tariff agenda.
His on-again, off-again approach to reshaping international trade is affecting the U.S. economy and the people in it.
After a rocky start to 2025, President Trump's approval is rising among small business owners, and so is Main Street's economic confidence.