Business - Trump announces sweeping reciprocal tariffs on trading partners
- President Donald Trump announced new "reciprocal" tariffs to match tariffs imposed by other countries on U.S. Goods, according to the presidential memo signed on Thursday.
- Trump's administration is focused on fairer trade relationships and described India as a "tariff king."
- Economists warn that American consumers might face higher prices due to these tariffs, despite Trump's belief that jobs will increase as a result of the policy.
- Trump stated that companies could avoid these tariffs by manufacturing products in the U.S., highlighting a potential short-term rise in prices.
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11 Articles
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Center
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Total News Sources11
Leaning Left0Leaning Right2Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
C 60%
R 40%
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