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Before Trump, Indonesia Had Another Trade Headache: China
Long before President Trump wielded tariffs as a weapon to punish Indonesia, the country was fighting back a flood of cheap Chinese goods.
Donald Trump reaps $50bn tariff haul as world ‘chickens out’
Four months since Trump fired the opening salvo of his trade war, only China and Canada have dared to hit back at Washington imposing a minimum 10 per cent global tariff, 50 per cent levies on steel and aluminium, and 25 per cent on autos.
Trump Aims Tariff Double Whammy at Industries, Nations by Aug. 1
President Donald Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties in two weeks, ramping up his push to reshape the US’s standing in the global trading system by penalizing purchases from abroad.
Why Trump's tariffs may hit low-income households hardest
President Trump's tariffs are almost "tailor-made" to hit the goods that lower income households prefer to purchase, says economist Ernie Tedeschi of Yale's nonpartisan Budget Lab.
Trump’s pivot from aid to trade leaves Africa wary as it faces tariffs and uncertainty
When U.S. President Donald Trump met five African leaders in Washington this month, his lack of familiarity with the continent was on display. He praised Liberian President Joseph Boakai’s English — Liberia’s official language — and gestured at another leader to wrap up remarks.
Consumer sentiment improved in July, despite Trump's tariff threats
Consumer sentiment ticked higher in July, marking two consecutive months of improved shopper attitudes as businesses navigated President Donald Trump’s latest tariff threats targeting dozens of countries.
Trump Trade News: Tariffs Show Up in More Economic Data
For investors, the risk now is that the slow drip of news on tariffs leads to complacency about the damage they might cause-the Nasdaq stock index closed a record high yesterday.
Trump’s Tariffs Make an E.U. Deal Harder to Achieve, Experts Say
"Other trading partners observing these threats will have the same mistrust of the negotiation process," experts argue.
3M sees smaller tariff hit on 2025 profit amid easing US-China trade tensions
M raised its full-year profit forecast and projected a smaller tariff-related hit to its 2025 earnings on Friday, weeks after the U.S. and China arrived at a trade truce, sending shares of the industrial giant up nearly 4% in premaket trading.
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