US EditionInside Trump’s tariff retreat: How fears of a bond market catastrophe convinced Trump to hit the pause button
- President Donald Trump paused many tariff increases for 90 days to negotiate with countries following turmoil in the bond market, which threatened the U.S. economy.
- MSNBC host Rachel Maddow warned that the stability of the bond market is crucial for the U.S. economy, stating that a collapse would be worse than stock market declines.
- Despite the pause, a universal tariff of 10 percent remains in place, raising concerns about its impact on manufacturing and energy sectors.
- Analysts believe that the tariffs could hinder the transition away from fossil fuels and complicate financial terms for new energy projects.
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321 Articles
321 Articles
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Left
69
Center
63
Right
35
The President presented his tariff strategy as a great "liberation" for the United States, but it met with the reaction of the bond market.
·Montreal, Canada
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‘You tax us, we tax you.’ It’s pretty basic (letter to the editor)
For decades, Democrats assured us that “free trade” deals would uplift American workers and revitalize local economies. Instead, we got shuttered factories, outsourced industries, and entire communities left behind. From NAFTA onward, these policies were packaged as “progress,” yet foreign nations routinely slapped double-digit tariffs on our goods while we kept our markets wide open. It’s no wonder American manufacturers struggled to compete.Th…
·Richmond County, United States
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Coverage Details
Total News Sources321
Leaning Left69Leaning Right35Center63Last UpdatedBias Distribution41% Left
Bias Distribution
- 41% of the sources lean Left
41% Left
L 41%
C 38%
R 21%
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