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American Consumers Are Getting Rattled by Trump’s Tariff Chaos

  • Donald Trump has imposed high tariffs averaging 39% on goods from China and 25% on goods from Canada and Mexico, causing market panic.
  • Investors showed a lack of confidence, which may be difficult to restore, according to reports during tariff pauses.
  • Multiple countries called U.S. Representatives for negotiation, leading to a 90-day pause on most tariffs.
  • Commerce Secretary Howard Lutnick indicated that it was unlikely Trump would back off tariffs, suggesting there could be attempts to negotiate deals with other nations.
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Lean Left

The United States has thrown down eighty years of invasions, coups d'état, soft coups, blackmails, pressures, interferences and blunders to build an economic, military and commercial hegemony that has taken off in less than a quarter [Author's note: I have no intention of offending anyone. If you have Tourette and you feel insulted, now you know what it feels like]. Imagine the scene: hundreds of kings, heads of state, presidents and vice presid…

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Lean Right

Only three months have passed since Donald Trump returned to the White House, but the world has already changed radically.Trump is weakening at all times the trade relations of the United States and the global free trade system he helped establish after 1945. His attempt to "liberate" the U.S. economy with a tariff escalation is an essential change from the most modest trade warfare tactics employed in his first term.According to the Yale Budget…

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Bloomberg broke the news in United States on Friday, April 11, 2025.
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