US EditionTrump announces 10% baseline tariff on all imports, higher 'reciprocal' tariffs against select countries
- U.S. President Donald Trump announced a 10% baseline tariff on all imports, effective April 5, during an event called 'Liberation Day' at the White House.
- Trump signed an executive order that includes higher tariffs on countries with significant trade deficits with the U.S., effective April 9, according to the White House.
- Trump stated that the tariff strategy aims to reduce trade imbalances and is backed by Republican lawmakers, with expected revenue of about $80 billion to support tax cuts.
- Senator Tim Kaine, a Democrat from Virginia, proposed to cancel the emergency declaration related to tariffs on goods from Canada and Mexico.
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Trump Tariffs: Will they hurt or help the American economy?
President Donald Trump announced that the United States would begin issuing “reciprocal tariffs,” imposing a base 10% tariff on international imports, with even higher tariffs to be issued on certain nations. The stock market did not react positively, and now, the hosts of the “Jake and Spike Show” on KIRO Newsradio are debating the strategy. “He (Trump) calls them reciprocal tariffs. But that’s not the case,” said Spike O’Neill. “He put out a l…
·Tacoma, United States
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Total News Sources850
Leaning Left150Leaning Right110Center191Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 33%
C 42%
R 24%
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