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The legal basis cited in Trump's tariff order is Section 232 of the Trade Expansion Act of 1962 which under certain circumstances allows the president to impose tariffs based on the recommendation from the U.S. Secretary of Commerce if "an article is being imported into the United States in such quantities or under such circumstances as to ...
Throughout his campaign, President-elect Donald Trump promised to impose tariffs on goods coming in from other countries as the central element of his economic plan for the country.. He claimed in ...
The president-elect posted on social media Monday that on his first day in office he would impose 25% tariffs on all goods imported from Mexico and Canada until those countries satisfactorily stop ...
Trump’s first-term tariffs had a modest impact on economy. Trump imposed tariffs on solar panels and washing machines at the start of 2018, moves that might have pushed up prices in those ...
In some instances, the tariffs that Trump imposed in 2018-19 achieved that goal, with the Brookings Institution noting there's some evidence that jobs in specific industries may have received a ...
President-elect Donald Trump’s promise to impose stiff tariffs against America’s three biggest trading partners is widely expected to push prices higher, which would set the stage for the ...
President-elect Donald Trump continues to threaten to use tariffs against foreign nations, this time toward a bloc of nine countries if they try to undermine the dollar's global dominance.. In a ...
When running for president in 2016, for instance, he said he might impose a 45% tariff on all Chinese imports. As president, however, he levied tariffs ranging from 7.5% to 25% on just half of ...