Items Tagged with 'trade tariffs'

ARTICLES

  • U.S. inches closer to all-out trade war

    Trump announces tariffs on $200 billion in Chinese imports
    On Tuesday, President Donald Trump announced his next step in the growing trade war - tariffs on $200 billion in Chinese imports. Now, China will be forced to either respond in kind, or back down. This latest move, which puts tariffs on more than 10,000 imported products, is now rattling markets across the globe.
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  • Here’s what Friday’s tariffs will do to U.S. economy

    Economist predicts destruction of 4% of world trade
    Trade tariffs between China and the U.S. are set for Friday, and economists are already predicting what the effect will be on the U.S. and global economy. A new report from Oxford Economics shows the growing trade war between the U.S., Europe, China and other countries could reduce world trade by 4%, and here’s what that could mean for the U.S.
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  • Mounting trade tensions threaten interest rates

    Experts say could slow global growth
    Mounting trade tensions could soon begin to threaten interest rates as President Donald Trump and key trading allies in Europe and other regions increase trade tariffs. As trade tensions worsen, the Bank for International Settlements said there are already signs that “the ratcheting up of rhetoric” is weighing on investment.
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  • Consumer sentiment hits highest level since 2004

    But fears of proposed trade tariffs remain
    Consumers are still on edge about proposed trade tariffs, however, despite this fear, consumer sentiment in March rose to its highest level since 2004. The University of Michigan survey showed that households with incomes in the bottom third saw a surge in confidence, while those in the top third saw confidence decrease slightly.
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  • 3 reasons why Goldman Sachs is shifting its economic outlook

    Trump Effect ends before it even began?
    The Trump Effect surged across the country as the new president took office with plans of financial stimulus and lower regulation. However, just one month into the new administration, Goldman Sachs economists are losing hope. Here are three reasons why the company is shifting its predictions.
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