Search results
Results from the WOW.Com Content Network
President Joe Biden said that he hopes Donald Trump "rethinks" imposing tariffs on Mexico and Canada. Trump has said he may impose a 25% tariff on the two allies' imports after he retakes office.
Meanwhile, President Joe Biden – who has kept most of Trump’s tariffs in place for the past three-plus years – said Tuesday that his administration will increase tariffs on some Chinese ...
Biden repealed the Trump tariffs on allied nations, but he kept the China tariffs in place. That adds a tax of 7.5% to 25% on about $280 billion worth of imports each year , according to the ...
President Biden said Thursday that he hopes President-elect Trump “rethinks” some of his tariff plans. “I hope he rethinks it. I think it’s a counterproductive thing to do,” the ...
The S&P 500 index appeared unaffected following Biden’s May 14, 2024, decision to extend many of Trump’s tariffs and implement new ones. From May 14 until Oct. 21, the S&P 500 index gained 11. ...
Trump calls tariffs "the most beautiful word in the dictionary" and has even floated things like 2,000% tariffs on autos and said his aim in some areas is to implement "the highest tariff in history."
Trump said the tariffs would be imposed due to Chinese theft of U.S. intellectual property. [126] Trump said his planned tariffs on Chinese imports would make the United States "a much stronger, much richer nation". [127] However, the steps toward imposing the tariffs led to increased concerns of a global trade war. [126]
Trump goes much further, proposing a 60% tariff on all Chinese imports and a universal 10% tariff on imports from all countries—radically high and broad tariffs not seen in the U.S. since World ...