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Trump, Tariff

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The Associated Press |
There’s also been a sense of whiplash from Trump’s back-and-forth tariff threats and responding retaliation seen over the last few months.
Reuters |
In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending glo...
Reuters |
The upheaval erased trillions of dollars from stock markets and led to an unsettling surge in U.S. government bond yields that appeared to catch Trump's attention.

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Here’s a timeline of how Trump’s tariffs have begun global trade wars
Trump launched a trade war during his first term, taking particular aim at China by putting taxes on most of its goods.
Trump’s Tariff Pause Didn’t End the Trade War. Global Auto Makers Are Worried.
Now, Trump’s 25 percent tariff blitz on many foreign auto imports, which is still in place even as he paused a broader set of so-called “reciprocal” tariffs for 90 days, is
Trump's global trade war hurting ‘Americans first... China second’: Economist
NBC News Senior White House Correspondent Garrett Haake, NBC News Senior Business Correspondent Christine Romans, Co-Host of The Odd Lots Podcast Tracy Alloway and University of Michigan Professor of Economics and Public Policy Justin Wolfers join Christina Ruffini to discuss the latest on President Trump’s flip-flop on tariffs and increasing China's rate.
In stunning U-turn, Trump walks back some tariffs, triggering historic market rally
In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.
Donald Trump Backs Down On His Trade War Against The World
The ongoing turmoil in financial markets from the day the president declared “Liberation Day” finally generated enough pressure for at least a temporary pause.
Trump Hits Back With a 125% Tariff in Escalating Trade War With China
China had raised its duty on American goods to 84% in tit-for-tat hikes that threaten to disrupt trade between the world’s two largest economies.
EU pauses countermeasures following Trump's tariff reprieve
Trump's turnabout, which came less than 24 hours after steep new tariffs kicked in on most trading partners, followed the most intense episode of financial market volatility since the early days of the COVID-19 pandemic.
Latest on Trump’s presidency as trade war shifts to China
President Donald Trump conceded today that there may be “transition problems” with his trade policies, but said his team is “working on deals” with multiple countries and expressed optimism that the US and China will reach a deal.
Trump admits trade war 'cost' as markets hit
Jitters about US tariffs hammered Asian stocks again early Friday as President Donald Trump acknowledged a "cost" to his surging trade offensive against superpower rival China.The US leader said Thursday that the European Union was "very smart" to back off from imposing retaliatory tariffs because of his tough stance on China even as the bloc's chief warned it could tax US Big Tech.

Trump, Musk and White House

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AOL |
Trump plans to unveil reciprocal tariffs on Wednesday on all nations that put duties on U.S. imports, which the president has been calling "Liberation Day" for American trade.
Business Insider |
But the auto industry is still stuck in the thick of it. Car imports—nearly half the U.S. market—are still facing 25% tariffs.

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White House says Trump's tariffs will be 'perfect deal' for U.S.
The White House said Tuesday that President Donald Trump and his tariff team are preparing to roll out a "perfect deal" for Americans on Wednesday, when Trump is expected to announce his plans. Trump plans to unveil reciprocal tariffs on Wednesday on all nations that put duties on U.
Musk says Trump top tariff advisor is a ‘moron’. The White House says it won’t interfere: ‘Boys will be boys’
Wall Street wants clear leadership from the White House. Instead it's getting in-fighting and a response that "boys will be boys."
Tesla Stock Dives as Price Targets Cut. 2 Big Trump Tariff Problems for Musk.
The EV maker’s shares, along with those of other auto makers, rallied after President Donald Trump’s decision to pause some tariffs. The car industry still faces stiff levies, though.
Tesla Stock’s (TSLA) Tariff Surge Turns Into a Skid
Tesla stock (TSLA) shot up 23% on Wednesday after President Donald Trump announced a 90-day pause on sweeping import tariffs. It was the
Lawmakers scrambled to cash in as Trump's bromance with Musk blossomed: report
New reporting by Forbes revealed that at least 10 members of Congress traded Tesla stock of up to $1.27 million after Elon Musk endorsed Donald Trump for the presidency.The three dozen trades, which occurred after July 12,
Why Tesla Stock Is Skyrocketing Today
The stock market is surging today after President Donald Trump announced some big changes to his administration's tariff policies, and Tesla is seeing outsized gains. In addition

Trump, Tariffs

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Detroit Free Press |
President Trump confirmed the implementation of tariffs on imported cars and light-duty trucks.
Wall Street Journal |
President Trump’s America First era is set to force a painful readjustment.

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Auto tariffs go into effect at midnight, Trump reiterates
The president said he would go ahead with auto tariffs industry officials say could decimate Michigan's signature industry, as well as other taxes.
Tariffs on autos, auto parts remain in place despite Trump's 90-day pause
The president said he'd lower tariffs on countries other than China but it did not appear to apply to industrial sector tariffs like auots.
LIVE
Trump tariffs live updates: Trump threatens to return to higher tariffs
Trump defended the tariffs he imposed on other nations but acknowledged some problems with the rollout in a meeting with his Cabinet, "but in the end it's going to be a beautiful thing." Meanwhile, the White House raised the tariffs on all Chinese exports to 125% after Beijing's latest round of retaliation -- that's in addition to the 20% fentanyl-related tariffs imposed in early February,
Trump’s Tariffs Threaten America’s Status as Energy Superpower
Fractured trade relations and a potential global recession are poised to reduce international sales and domestic output of fossil fuels.
Automotive-reliant firms nervous over Trump tariffs
General manager Tony Elvin also believes uncertainty in the wake of the tariffs could hit local spending. "JLR being such a big employer in the area, there's that general uncertainty that lack of confidence that stops people going out and spending money,
Trump’s Tariffs Are Already Reducing Car Imports and Idling Factories
A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.
Fox 57d
Auto tariffs are now in effect: Here's what it means for people buying a car
President Trump is placing 25% tariffs on auto imports, a move that the White House believes could boost domestic manufacturing. However, it may place a financial strain on auto manufacturers that depend on global supply chains. When Trump first ...
Tariffs will likely raise much less money than White House projects, economists say
White House trade adviser Peter Navarro said tariffs would raise about $600 billion to $700 billion a year. Economists say that’s nearly impossible.
Washington Examiner12d
Trump says 25% auto tariffs will ‘absolutely’ be permanent
ICE offering $45 billion for private sector to build and staff immigrant detention facilities Trump won't pause reciprocal tariffs to allow for negotiations White House threatens to veto Congress ...
US tariffs ripple through auto supply chains into Mexico
Auto workers expressed uncertainty and hope outside a Stellantis assembly plant in central Mexico that is scheduled to begin a month-long pause in production.
Schumer slams United Auto Workers union for praising the Trump tariffs he says 'hurt everybody'
N.Y., called out the UAW union on Friday for praising President Donald Trump’s tariffs on foreign automobiles and parts.
'It is a day-to-day situation': Tariffs on auto imports could trickle down to retail prices; local dealers cite uncertainty
President Donald Trump said March 26 that he was placing 25% tariffs on auto imports starting this Wednesday, a move the White House says would foster domestic manufacturing. With domestic car manufacturers sourcing parts from outside the country,
Trump’s ‘buy’ tip on social media before his tariffs pause made money for investors who listened
President Donald Trump posted on his social media platform Truth Social that it was "a great time to buy.” Less than four hours after his post, Trump announced a 90-day pause on nearly all his tariffs.
Dealerships consider how new auto tariffs will affect sales
Starting Thursday, a 25% tariff will be imposed on all imported vehicles in the country, with some exceptions on Canada and Mexico, which experts said could increase the cost of cars by thousands of dollars.
Gov. Whitmer slams Trump's tariffs in DC, calls for investments in defense industries
Democratic governor Gretchen Whitmer downplayed any suggestion she's looking at running for president in 2028 ahead of meeting Trump.
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