Keyword: trumptariffs
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President Donald Trump on Wednesday announced a 90-day pause on the full effect of his new tariffs for at least some countries. Trump also said in a social media post that he was raising the tariffs imposed on imports from China to 125% “effective immediately” due to the “lack of respect that China has shown to the World’s Markets.” Trump credited his decision to pause the full effect of tariffs on the fact that “more than 75 Countries” have contacted U.S. officials “to negotiate a solution” to trade concerns that he raised in imposing the new duties.
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Moonbat Senator Adam Schiff (D-CA) has gone completely crazy after President Trump proved once again why it’s unwise to doubt him about the art of the deal. As The Gateway Pundit’s Cassandra MacDonald reported, Trump today announced an immediate tariff increase on China to 125%. He also granted a 90-day pause and tariff reduction to 10% for over 75 other countries. Trump announced the tariff change on Truth Social, writing that it was due to China’s “lack of respect for the World’s Markets.” An angry Schiff lashed out a few hours after Trump announced his new tariff policy. After receiving...
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President Donald Trump on Wednesday is rallying the world against China, hitting the adversary with increased tariffs effective immediately while instituting a 90-day pause and “substantially lowered Reciprocal Tariff during this period” for other countries that have reached out to negotiate rather than retaliate.“Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately,” Trump announced Wednesday on Truth Social.Trump said he hopes at some point China will realize its days of ripping off the United States of...
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..With these three rounds of additional tariffs and other measures, the effective U.S. rate on Chinese goods is about 65 percent. If he goes ahead with the 50 percent levy, the rate hits 115 percent. China this year added retaliatory tariffs of 10 percent and 15 percent on certain American products... Xi, despite best advice from around the world, has continually rejected consumption as the basis of the Chinese economy. .. Xi Jinping certainly does not believe in empowering citizens. Moreover, as Zongyuan Zoe Liu writing in Foreign Affairs notes, the Communist Party leadership also abhors consumer spending, believing "consumption...
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Vivek G. Ramaswamy - @VivekRammaswamy It’s outrageous that Israel had trade barriers to begin with. Israel is the most subsidized nation by the U.S. and we have has sent nearly half a trillion in aid, yet they run a trade deficit with us. Where’s the return for American taxpayers? This isn’t partnership—it’s exploitation. 2:42 PM · Apr 7, 2025
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President Trump’s tariffs have taken the world by storm—literally and figuratively. He was up early and firing on all cylinders. Just before the markets opened, he posted on Truth Social and sent the word “Panican” viral. The word is spreading online, and if this keeps up, there should be a “Panican” coin and t-shirts by noon. Look: Naturally, the Dems are in full-blown panic mode. They’ve unleashed their bot army to churn out fake anti-tariff messaging and push the goofy narrative that Trump supporters are scared and suddenly jumping ship. President Trump’s tariffs have taken the world by storm—literally and...
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Benny Johnson @bennyjohnson 🚨BREAKING: Netanyahu announces Israel will be ending their trade barriers and tariffs on the United States: “We’re going to also eliminate trade barriers that have been put up unnecessarily. Mr. President, we are going to eliminate the tariffs." From Nick Sortor 2:38 PM · Apr 7, 2025
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PresidentPresident Trump smartly remained quiet after delivering the economic thunder-shock with his national security tariffs and new global trade expectations. Now President Trump takes questions from the media about the initial reactions to the seismic event he created.“China needs to solve the problem of the trade deficit with have with them,” is codespeak for China needs to open their markets to U.S. companies that have already established a footprint, AND China needs to purchase U.S. goods. Despite the size of China, President Trump knows Beijing will never comply in earnest, so he gives the Panda a few words, but doesn’t...
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As most of the media projected doom and gloom kvetching over their predicted negative aspects of President Donald Trump's tariffs, there was a rather contrarian view on this subject from a very surprising source: Nahal Toosi, Politico's senior foreign affairs correspondent.She conceded that the tariffs could ultimately turn out to be successful as she wrote on Saturday in "Why Trump May Get Away With His Tariff Trauma."Has Toosi been somehow red-pilled? Not likely since as recently as last December she attempted via her reporting to get the incoming Trump administration hopelessly entangled in the Syria mess. However, whatever the motivation,...
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Asia-Pacific markets extended their sell-off Monday as fears over a global trade war sparked by U.S. President Donald Trump’s tariffs fueled a risk-off mood. Japanese markets led losses in the region in early trade. The benchmark Nikkei 225 plunged 8.03% while the broader Topix index plummeted 8.64%. Over in South Korea, the Kospi index fell 4.34% at the open, while the small-cap Kosdaq fell 3.48%. Australia’s S&P/ASX 200 declined 6.07% at the open. The benchmark slid into correction territory with an 11% decline since its last high in February, in its previous session.
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U.S. stock futures dropped on Sunday evening as the White House remained defiant even after a two-day historic stock market rout that followed President Donald Trump's rollout of shockingly high tariff rates on most key U.S. trading partners. Dow Jones Industrial average futures fell 1,531 points, or 4% Sunday evening, pointing to another brutal session ahead on Monday. S&P 500 futures shed 4%. Nasdaq-100 futures lost 4%.
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President Donald Trump shared a TikTok video on his Truth Social account that asserted that he is crashing the stock market intentionally. “Trump is crashing the stock market by 20% this month, but he’s doing it on purpose. This is why Warren Buffett just said Trump is making the best economic moves he’s seen in over 50 years,” the narrator of the video said. “Here’s the secret game he’s playing, and it could make you rich. So why is he doing this? To push cash into Treasuries, which forces the Fed to slash interest rates in May, and those lower...
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President Donald Trump raised eyebrows Friday by sharing a video on Truth Social that claims he purposefully crashed the stock market to "push cash into treasuries." Trump's timing was especially provocative because his rollout of tariffs the previous day resulted in a multi-trillion dollar market wipeout.
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Tariffs will not cause inflation in the long term. In fact, they will likely lower the cost of goods over time. On April 2, Liberation Day, President Trump imposed reciprocal tariffs across the board. The President noted that they were “kind” tariffs, since they were only half the rate that American producers are charged. For now, at least. Critics have lamented that tariffs will raise the cost of goods, as if the Constitution codified the right to buy “cheap” Chinese goods. While there will be an adjustment period -- as with any major policy shift -- tariffs will not cause...
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Wall Street kicked off Friday with another brutal stretch of losses driven by President Trump’s new tariffs despite stronger than expected March jobs data. The Dow Jones Industrial Average was down more than 1,200 points shortly before 10:30 a.m. EDT Friday, a day after the market suffered its worse single-day of trading in five years. The S&P 500 index was down 3.6 percent, and the Nasdaq composite was down 3.5 percent. All three major indexes took serious losses Thursday, the first full day of trading after Trump’s announcement of up to $600 billion in new import taxes. The scale and...
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Full List of Countries Hit With Reciprocal TariffsCountryTariffs Charged to the U.S.A. (%)U.S.A. Discounted Reciprocal Tariffs (%)China6734European Union3920Vietnam9046Taiwan6432Japan4624India5226South Korea5025Thailand7236Switzerland6131Indonesia6432Malaysia4724Cambodia9749United Kingdom1010South Africa6030Brazil1010Bangladesh7437Singapore1010Israel3317Philippines3417Chile1010Australia1010Pakistan5829Turkey1010Sri Lanka8844Colombia1010Peru1010Nicaragua3618Norway3015Costa Rica1710Jordan4020Dominican Republic1010United Arab Emirates1010New Zealand2010Argentina1010Ecuador1210Guatemala1010Honduras1010Madagascar9347Myanmar (Burma)8844Tunisia5528Kazakhstan5427Serbia7437Egypt1010Saudi Arabia1010El Salvador1010Côte d'Ivoire4121Laos9548Botswana7437Trinidad and Tobago1210Morocco1010Papua New Guinea1510Malawi3417Liberia1010British Virgin Islands1010Afghanistan4910Zimbabwe3518Benin1010Barbados1010Monaco1010Syria8141Uzbekistan1010Republic of the Congo1010Djibouti1010French Polynesia1010Cayman Islands1010Kosovo1010Curaçao1010Vanuatu4422Rwanda1010Sierra Leone1010Mongolia1010San Marino1010Antigua and Barbuda1010Bermuda1010Eswatini1010Marshall Islands1010Saint Pierre and Miquelon9950Saint Kitts and Nevis1010Turkmenistan1010Grenada1010Sudan1010Turks and Caicos Islands1010Aruba1010Montenegro1010Saint Helena1510Kyrgyzstan1010Yemen1010Saint Vincent and the Grenadines1010Niger1010Saint Lucia1010Nauru5930Equatorial Guinea2513Iran1010Libya6131Samoa1010Guinea1010Timor-Leste1010Montserrat1010Chad2613Mali1010Algeria5930Oman1010Uruguay1010Bahamas1010Lesotho9950Ukraine1010Bahrain1010Qatar1010Mauritius8040Fiji6332Iceland1010Kenya1010Liechtenstein7337Guyana7638Haiti1010Bosnia and Herzegovina7035Nigeria2714Namibia4221Brunei4724Bolivia2010Panama1010Venezuela2915North Macedonia6533Ethiopia1010Ghana1710Moldova6131Angola6332Democratic Republic of the Congo2211Jamaica1010Mozambique3116Paraguay1010Zambia3317Lebanon1010Tanzania1010Iraq7839Georgia1010Senegal1010Azerbaijan1010Cameroon2211Uganda2010Albania1010Armenia1010Nepal1010Sint Maarten1010Falkland Islands8241Gabon1010Kuwait1010Togo1010Suriname1010Belize1010Maldives1010Tajikistan1010Cabo Verde1010Burundi1010Guadeloupe1010Bhutan1010Martinique1010Tonga1010Mauritania1010Dominica1010Micronesia1010Gambia1010French Guiana1010Christmas Island1010Andorra1010Central African Republic1010Solomon Islands1010Mayotte1010Anguilla1010Cocos (Keeling) Islands1010Eritrea1010Cook Islands1010South Sudan1010Comoros1010Kiribati1010Sao Tome and Principe1010Norfolk Island5829Gibraltar1010Tuvalu1010British Indian Ocean Territory1010Tokelau1010Guinea-Bissau1010Svalbard and Jan Mayen1010Heard and McDonald Islands1010Reunion7337*White House officials said the calculations...
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Walmart, one of the nation’s biggest retailers, is telling its China-based suppliers to absorb the cost of President Donald Trump’s increased tariffs on Chinese-made products. Sources told Bloomberg News that Walmart is asking Chinese suppliers to cut their prices — some by as much as 10 percent — so that Trump’s increased tariffs on China will be absorbed by the retailers rather than American consumers. Chinese suppliers are reportedly trying to resist any lowering of their prices while some manufacturers are having to go outside China to source their materials. A spokesperson for Walmart told Bloomberg that the retailer is...
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Hyundai Motor Company and Kia aim to boost American automobile production to avoid President Donald Trump’s planned 25 percent auto tariff, according to a report. Trump on Tuesday said the tariff rates on auto imports will be “in the neighborhood of 25 percent,” with more details to come in early April. He noted that he will give auto manufacturers time to avoid the tariff. “If they have a plant and factory here, there will be no tariff,” the 47th president remarked.
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Back in November, I wrote a column for Kansas Reflector that discussed the likely adverse effects of President Trump’s proposed tariffs on U.S. farmers. The piece noted that 398 million acres of cropland has been added to the mix around the world since the start of this century, notably in tropical regions such as Brazil and India. There is increasing competition for U.S. farmers in export markets. The United States alone cannot absorb all that we produce here. Many farmers voted for Trump because he promised less regulation and greater prosperity for America’s farmers. The hard truth is that, like...
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President Trump spoke to reporters on Sunday night upon returning to Washington, DC, from his Mar a Lago resort in West Palm Beach, Florida. The president addressed a wide range of issues from the busy news weekend and took questions from reporters. As The Gateway Pundit reported, President Trump imposed his long-awaited 25% tariffs on Mexico and Canada and 10% tariffs on China on Saturday. This was met with pushback from Canadian Prime Minister Justin Trudeau, who announced he would impose his own tariffs on the United States, which many in Canada think is a big mistake. In the fallout...
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