US EditionWorld Economies Reel From Trump's Tariffs Punch
UNITED STATES, JUL 31 – President Trump raised tariffs on about 70 economies by 10 to 41 percent to pressure trading partners over trade practices and illicit drug control, with a one-week deadline for enforcement.
- President Donald Trump announced tariffs late Thursday, covering dozens of economies, with implementation delayed to August 7.
- Drawing on judicial and security complaints, Trump targeted tariffs to pressure Brazil to drop Bolsonaro's trial and cited Canada's failure to curb fentanyl.
- Facing a looming deadline, markets tumbled Friday as two Federal Reserve officials warned the economy was at risk, amid the tariff barrage.
- Friday's labor report indicated US employment data revealed July job growth missed expectations, and unemployment rose to 4.2 percent from 4.1 percent compared with last year.
- Broader trade experts warn, with China excluded amid negotiations and a temporary truce, Wendy Cutler said `tears up the trade rule book that has governed international trade since World War II`.
85 Articles
85 Articles
Tim Kaine: Trump's 'Chaos and Tariffs' Running Economy Aground
Senator Tim Kaine (D-VA) claimed Friday on MSNBC's "Morning Joe" that President Donald Trump's "chaos and tariffs" were running the economy "aground." The post Tim Kaine: Trump’s ‘Chaos and Tariffs’ Running Economy Aground appeared first on Breitbart.
Media coverage of Trump’s tariffs has grown more skeptical – but not nearly skeptical enough
(I’m on vacation next week.) I’ll start with the good news: By and large, the mainstream media is no longer letting Trump get away with calling his new slate of tariffs “reciprocal” — when there’s nothing vaguely reciprocal about them. They are unilateral, and arbitrary, and massive. Also good news: Many journalists are expressing skepticism about the devastating effect these tariffs are likely to have on both the global and domestic economies. …
News24 | Global markets reel as Trump hits EU, Canada with sweeping new tariffs up to 41%
Global markets reeled on Friday from US President Donald Trump’s tariffs barrage against nearly all US trading partners as governments looked down the barrel of a seven day deadline before the higher duties take effect.
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World economies reel from Trump's tariffs punch
Global markets reeled Friday from President Donald Trump's tariffs barrage against nearly all US trading partners as governments looked down the barrel of a seven day deadline before the higher duties take effect.
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Bias Distribution
- 41% of the sources are Center
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