Trump's tax cuts and tariff hikes spark concerns
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Courts repeal and reinstate tariffs in days
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Trump, Tariffs
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U.S. stock index futures dipped on Monday following President Donald Trump's plans to double tariffs on imported steel and aluminum, fueling more uncertainty around U.S. trade policies. Trump said on late Friday he planned to increase tariffs on imported steel and aluminum to 50% from 25% starting Wednesday,
Treasuries fell amid a broad selloff of US assets as uncertainty over President Donald Trump’s tariff policy continued to swirl at the start of a busy week for data on the health of the world’s largest economy.
As the trade standoff with China continues, President Trump announced the tariff on foreign steel will double from 25% to 50%.
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The European Commission said on Monday it would make a strong case this week for the United States to reduce or eliminate tariffs even after Donald Trump said he would double import duties on steel and aluminium to 50%.
Walmart, Amazon, Costco, Home Depot and Kroger are working on mitigating the impact of tariffs on pricing and product availability for its consumers.
President Trump said Friday that tariffs on imported steel and aluminum would increase to 50% from 25%, effective Wednesday.
If you work in retail, please pop into the comments and let us know what you're seeing in your store — and post pics if you've got 'em! Or, if you'd like to remain extra anonymous, email me. 6.On the other hand,
Regardless of the outcome of the tariff litigation, tariffs are likely to continue in some form. Falling recession odds and AI spending continue to send stocks higher.
Indonesia posted its smallest trade surplus in more than five years on signs importers are stocking up on goods from China and other key trading partners to mitigate the risks of rising global tariffs.
Global stocks mostly dipped on Monday as investors digested President Donald Trump’s doubling of tariffs on American’s steel imports and as trade tensions with China flare up once again.