US EditionTrump Introduces 90-Day Tariff Pause for Most Countries
- President Donald Trump announced a temporary 90-day suspension of tariffs on most countries while increasing the tax rate on Chinese imports to 125% effective immediately.
- Treasury Secretary Scott Bessent stated that the market turmoil was due to confusion over Trump's tariff approach, and global markets surged after the announcement.
- Concerns were raised by U.S. Congressperson Darin LaHood regarding the impact of Trump's tariffs on farmers and the agriculture industry.
- The announcement aimed to shift the focus of trade disputes from multiple countries to a targeted dispute with China.
654 Articles
654 Articles
Karoline Leavitt Says Admin Already Finalizing First Of Likely Many Tariff Deals
White House Press Secretary Karoline Leavitt said on Fox News Friday that the tide has turned in favor of President Donald Trump’s economic and trade strategy, citing a flurry of international interest in new bilateral deals. “Hannity” host Sean Hannity referred to the more than 75 countries that “all want to come to the table […] Karoline Leavitt Says Admin Already Finalizing First Of Likely Many Tariff Deals
Mullaney quoted in Politico on the Trump administration's ability to reach trade deals within the 90-day pause
The post Mullaney quoted in Politico on the Trump administration’s ability to reach trade deals within the 90-day pause appeared first on Atlantic Council.
ashepostandtimes.com
Trump's tariff pause gives market relief, but China trade war intensifies
US President Donald Trump abruptly paused tariffs on most countries, sparking euphoria on global markets Thursday, but upped the ante on a brutal trade war with superpower rival China.
Coverage Details
Bias Distribution
- 54% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
