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Trump’s latest tariff salvo is all bark and no bite – for now

  • President Donald Trump announced a plan for reciprocal tariffs, ordering agencies to assess non-reciprocal trading arrangements with foreign countries that trade unfairly with the United States.
  • The memorandum lacked concrete details and deadlines, causing mixed reactions.
  • Wall Street reacted positively, with the S&P 500 rising 1% and the Nasdaq increasing 1.5%.
  • Some economists, including Goldman Sachs analysts, doubt the effectiveness of the proposed tariffs in harming the economy.
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  • 60% of the sources are Center
60% Center
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The Billings Gazette broke the news in Billings, United States on Thursday, February 13, 2025.
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