Trump's Tariff Wars Escalate with New Duties Set to Take Effect
President Trump's escalating tariffs are set to significantly affect U.S. consumers and global trade dynamics as new duties approach.
The whole debate is so fundamentally backwards and upside down.
‘Makes No Sense’: Rand Paul Rips Trump’s ‘Fake Accounting’ Behind Tariffs
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Paul argued that American citizens are not trading with China, so much as they are trading with their local stores.
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Small business owners who sell goods made in China and Vietnam are delaying orders ahead of tariff hikes that take effect Wednesday — with many fearing an extended trade war will force them out of business.
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The volatility seen in U.S. stock markets continued on Tuesday after the White House claimed China had failed to back down from their threats to “fight to the end” against President Donald Trump’s tariff policies.
Trump admin says it’s implementing 104% tariffs on Chinese goods, as markets fall
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The most ironic outcome of Trump’s tariffs on China and beyond may be that they provide a serious impetus for China to make domestic economic reforms to adapt.
Opinion | China isn’t yielding to Donald Trump. It’s fighting back.
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Trump talks a big game but serves the same corporate interests that gutted labor rights in the first place.
Trump's Tariffs Have Nothing to Do With Liberation
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If the "isolate China at all costs" theory is correct, it would amount to one of the riskier bets Trump has ever taken, with profound opportunities for collateral damage to U.S. relationships as well as the domestic economy, which was the beneficiary of $440 billion in Chinese imports last year.
An alternative theory on tariffs: it's all about boxing out China
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Trump’s tariffs appear focused on balancing or even reversing the country’s overall trade deficit by addressing U.S. deficits with individual countries.
Trump tariffs appear aimed at closing the trade deficit. Experts are skeptical it'll work
USA TODAY·10d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.The steps from two of America’s largest trading partners — one friend, one foe — exemplified the challenges ahead for the Trump administration, which said that its sweeping global tariffs policy on nearly every country on Earth would remain in place.
Harsh trade retaliation from Canada, China show challenge ahead for Trump team
Los Angeles Times·10d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans LeftThis outlet slightly leans left.Economists warn that the levies will raise prices for goods consumers buy each day — particularly as these new tariffs build on some of previous trade measures.
Trump's latest round of tariffs are poised to go into effect. Here's what we know
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Even before President Donald Trump declared a trade war on the whole world, this was a noisy time in global power politics.
The dangers of Donald Trump’s instinct for dealmaking
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The conflicting message is just the latest example of how hard it can be for Trump's aides to try and sell his ever-evolving trade agenda.
Mixed messages on tariffs raises scrutiny on Trump aides
NPR·10d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.Exporting powerhouses like China and Vietnam were slapped with some of the highest levies of any country, with China now facing an additional 50% tariff, bringing the total rate of its levies to more than 100%.
Big Take Asia: Trump Tariffs Rattle China to Vietnam
Bloomberg·10d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.These developments follow the round of tariffs imposed by President Donald Trump on April 2 to counter trade barriers and tariffs imposed by what Trump termed in a post "abusing countries."
Treasury Secretary Bessent: 70 Nations Rush for Trade Deals
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The market selloff has shown some initial signs of stabilising after the incredible rout over recent days.
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Global equity markets have been rocked by the frequent updates around U.S. President Donald Trump's tariffs regime in recent days as tensions between the U.S. and its trading partners do not appear to be easing.
European stocks open 1% higher, reversing course after streak of tariff-led losses: Live updates
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The tariffs — which could quickly become the defining policy of his second term — put two core Trump identities in conflict: the protectionist who spent decades calling for steeper tariffs to combat what he sees as the country’s being ripped off by its trading partners, and the deal-maker, the persona he spent years building in New York real estate and as the protagonist of “The Apprentice.”
Trump holds firm on tariffs as the White House looks for ways to calm nervous allies
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Summary
President Trump continues to face backlash over escalating tariffs, which now include new duties set to take effect on Wednesday. The 10% baseline tariff is already implemented, with heightened rates reaching up to 50% on certain imports. Trump's stance, branded as 'reciprocal' tariffs, is anticipated to raise consumer costs, echoing concerns from GOP megadonor Ken Griffin and financial leaders like JPMorgan's Jamie Dimon. China has announced a 34% tariff in response, signaling a tense trade war. Investor confidence remains shaky amid market volatility, highlighting fears of inflation and economic slowdown.
Perspectives
President Trump has launched tariffs against many trading partners, with a new wave of duties set to take effect, raising concerns over their impact on everyday consumer prices.
Economists warn these new tariffs, including a 104% duty on Chinese goods, could escalate trade tensions and lead to broader economic repercussions.
As Trump seeks to negotiate deals with multiple countries to alleviate tariff burdens, conflicting messages from administration officials lead to uncertainty regarding the long-term trade policy.
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