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If President Trump wants foreign trading partners to lower tariffs on American exports, he should try reducing U.S. import tariffs, ideally to zero.
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The remarks came as U.S. stocks plummeted over an escalating trade war.
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Aside from climate change and pollution, penguins are now facing one more threat from humanity: President Donald Trump's tariffs.
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The gain was stronger than expected, though the impact of President Trump's tariffs and other policies on the labor market has yet to play out.
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Jerome H. Powell, chair of the Federal Reserve, says the central bank's "obligation" is to ensure that a "one-time increase in the price level does not become an ongoing inflation problem."
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The Trump administration's tariff calculations appear on paper to be a simplified math of America's trade relationships.
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President Donald Trump suggested he might be open to doing deals over tariffs, raising hopes in Japan, Vietnam and Taiwan. But China retaliated.
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Banks are weathering the storm of a dual-pronged attack linked to their significant U.S. exposure and diminished prospects for the European economy.
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Fallout continues after President Donald Trump's unveiling of severe tariffs against virtually all U.S. trading partners.
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U.S. President Donald Trump's so-called 'Liberation Day' trade tariffs are "madness, pure madness", according to former Italian Prime Minister Enrico Letta.
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It unveiled the console on Wednesday just hours before the president announced a wave of global tariffs.
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 China announced Friday that it will impose a 34 per cent tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following U.S. President Donald Trump's "Liberation Day" slate of double-digit tariffs.
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Businesses of all sizes are reeling as President Trump expands his trade war. Stock markets fell sharply on Thursday. We also gauge how small U.S. retailers are responding to the new tariffs.
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