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Trump, tariffs

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Reuters |
U.S. President Donald Trump's planned tariffs will be negative across the world, with the damage depending on how far they go, how long they last and whether they lead to successful negotiations, Euro...
USA Today |
President Donald Trump on Wednesday announced a 10% tariff on all imports but even higher rates on dozens of trading partners including China, India and the European Union.
Yahoo |
“Uncertainty will spiral and trigger the rise of further protectionism,” said von der Leyen.

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Trump's tariffs will be negative the world over, says ECB's Lagarde
U.S. President Donald Trump's planned tariffs will be negative across the world, with the damage depending on how far they go, how long they last and whether they lead to successful negotiations, European Central Bank head Christine Lagarde said on Wednesday.
The global reaction to Trump’s tariffs, in 10 candid quotes
The punitive tariffs drew strong reactions from world leaders. Australia’s prime minister said they had “no basis in logic. ... This is not the act of a friend.”
World begins to respond to Trump tariffs, risking escalation
World leaders were still processing Trump’s complex new tariff regime Thursday and few were prepared to unveil specific trade retaliation. But a number of them promised it was coming, raising the specter of an escalating tit-for-tat trade war that could devastate the global economy.
What is a reciprocal tariff? Breaking down Trump's tariff strategy
President Donald Trump said he'll be rolling out reciprocal tariffs. Here's what that means for the U.S. and its global trading partners.
For Trump, tariff gamble brings political risk
He called it "Liberation Day," but President Donald Trump's Wednesday unveiling of reciprocal tariffs could cause political headwinds for his party and economic pain for his constituents if his promises to recast the economy do not work out.
How were Donald Trump's tariffs calculated?
US President Donald Trump has imposed a 10% tariff on goods from most countries being imported into the US, with even higher rates for what he calls the "worst offenders". But how exactly were these tariffs - essentially taxes on imports - worked out?
Global response to Trump’s tariffs reveals rising tensions
World leaders aren’t taking to President Donald Trump’s tariff regime too kindly. The White House slapped a blanket 10% tariff on all imports and additional import tax rates of up to 50% on countries with trade barriers.
There Is Only One Way to Make Sense of the Tariffs
Donald Trump celebrated America’s so-called Liberation Day by announcing a slew of tariffs on dozens of countries. His plan, if fully implemented, will return the United States to the highest tariff duty as a share of the economy since the late 1800s,
Global markets reel as Trump tariffs stoke fear of economic 'spiral of doom'
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war would push an already fragile world economy into recession.

Trump, Tariff and Trade War

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Top News
Overview
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The New York Times |
Tariffs risk slowing growth and making inflation stickier, a tricky combination for the central bank as it debates what to do about interest rates.
CNN |
President Donald Trump unveiled sweeping 10% tariffs on all imports to the United States Wednesday.
CNN |
Stock markets across Asia-Pacific and Europe fell Thursday and US markets tumbled after President Donald Trump announced new tariffs on trading partners around the world.

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Trump’s Global Trade War Makes the Fed’s Task Tougher
Tariffs risk slowing growth and making inflation stickier, a tricky combination for the central bank as it debates what to do about interest rates.
Trump Stokes Trade War as World Reels From Tariff Shock
The penalties announced on Wednesday unleashed turbulence across world markets and drew condemnation from other leaders facing the end of an era of trade liberalization that has shaped the global order for decades.
U.S. stocks take a historic plunge after Trump's tariffs shock global trade
Wall Street notched its worst day since the depths of the pandemic in 2020 as investors bet against the sweeping new trade barriers. Indexes overseas suffered deep sell-offs, too.
These are the hardest-hit US trading partners under Trump’s tariffs
President Donald Trump unveiled sweeping 10% tariffs on all imports to the United States Wednesday, but about 60 countries or trading blocs will see even higher rates in an escalating move that is poised to initiate a global trade war.
Trump has set new universal tariffs, reciprocal tariffs. Here's what could cost you more.
Residents of South Jersey and the rest of the U.S. may soon pay more for coffee, clothing and more under new tariffs announced this week by Trump.
Here’s what could soon cost you a lot more because of Trump’s massive tariffs
President Donald Trump on Wednesday launched a US trade war with every country via a barrage of tariffs that are set to go into effect almost immediately. American consumers and businesses stand to pay a hefty price for that battle.
Brown challenges Lutnick: Will Trump back down on tariffs?
Pacific and Europe fell Thursday and US markets tumbled after President Donald Trump announced new tariffs on trading partners around the world. Commerce Secretary Howard Lutnick says President Trump will not back down on these tariffs.
Instant view: Hefty Trump tariffs surprise markets, stocks slide
World markets were left reeling on Thursday after U.S. President Donald Trump unveiled reciprocal tariffs to match duties put on U.S. goods by other countries.
This is the dubious way Trump appears to have calculated his ‘reciprocal’ tariffs
President Donald Trump’s massive tariffs announced on dozens of nations Wednesday were pitched as “reciprocal,” matching what other countries charge the United States dollar for dollar, even taking into account non-tariff barriers like value-added taxes and other such measures.
IMF, World Bank Brace for Trump’s ‘America First’ Makeover
The International Monetary Fund and World Bank are making their case against a potential breakup with the US under President Donald Trump. The sister institutions — major forces of US global influence since World War II — are bracing for impact from Trump’s radical makeover of international relations,
Trump's policies to spur further central bank gold buying
Central banks are expected to help keep gold's stunning rally going this year with buying aimed at further diversifying reserves away from the dollar due to risks stemming from U.S. President Donald Trump's policies.
Trump Tariffs: Global stocks fall for second day on China retaliation, world economy fears
Stock markets around the world extended losses for a second day on Friday on fears U.S. President Donald Trump's broad tariffs on imports into the United States will hit global economic growth and China retaliation.
Trump Tariffs Are a ‘Disaster’ for World’s Poorest Countries
President Donald Trump’s new reciprocal tariffs are set to hit some of the world’s poorest nations the hardest, putting their labor-intensive export industries at risk and diminishing one of the US’s biggest economic advantages over rival China.
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Analysis-Trump tariffs pile stress on ailing world economy
The latest round of U.S. trade tariffs unveiled on Wednesday will sap yet more vigour from a world economy barely recovered from the post-pandemic inflation surge, weighed down by record debt and unnerved by geopolitical strife.
Trump's Tariffs Tip Economy 'Perilously Close' To A Recession, Largest U.S. Bank Warns
The 10% or greater tariffs on imports from most countries worldwide announced Wednesday by President Donald Trump earned a scathing reaction from the top U.S. economist at the U.S’ biggest bank, JPMorgan Chase, leading a cold response from Wall Street to Trump’s plans to upend the global trade order.
American Banker1d
Bank stocks tank after Trump promises sweeping tariffs
Fears of a recession intensified after President Trump unveiled his plan to impose a minimum 10% tariff on all U.S. imports, and the KBW Nasdaq Bank Index tumbled by nearly 10%.
Trump tariffs provoke world condemnation and fears of a $2,300 iPhone
By Jeff Mason, David Ljunggren and Satoshi SugiyamaWASHINGTON/OTTAWA/TOKYO (Reuters) -Countries around the world threatened to ratchet up a trade war with the United States as President Donald Trump's sweeping tariffs ignited fears of price hikes in the world's largest consumer market and a global economic downturn.
Investors Recoil From Trump’s Pledge to Remake the Global Economy
Stocks hadn’t fallen this far this fast since the early days of the coronavirus pandemic. A 9.1 percent drop in the S&P 500 is the steepest weekly decline since March 2020.
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