Search results
Results from the WOW.Com Content Network
A tariffs-for-jobs scheme is not scalable without massively higher costs that consumers would notice and rebel against. Inflation was tame when Trump imposed his first set of tariffs in 2018 and 2019.
Trump also plans a universal tariff of 10% or so on all imports, tariffs on products from the European Union, and product-specific tariffs targeting goods such as pharmaceuticals and computer chips.
Third, Trump tends to threaten much larger tariffs than he actually imposes. When running for president in 2016, for instance, he said he might impose a 45% tariff on all Chinese imports.
In 2018, during Donald Trump’s first presidential term, he imposed tariffs on Chinese imports because he felt the US trade deficit with China was too high. Trump is promising more tariffs on ...
The number of S&P 500 firms mentioning tariffs on their earnings calls has exceeded 220 and hit an all-time high for the fourth quarter, according to data from Fundstrat.
Trump pledged 25% tariffs on steel and aluminum, lifting commodity prices and hitting some currencies. Gold hit a record high while the Australian dollar lost ground to the greenback.
Trump Imposes Tariffs On Imports From Canada, Mexico And China: 'National Emergency' President Donald Trump pumps his fist as he arrives at the White House in Washington, D.C., on Feb. 2, 2025.
Trump's tariff plans are squarely in focus for investors amid another busy week on Wall Street that will include quarterly reports from more than 100 S&P 500 companies and the January jobs report.