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Trump’s New Tariffs Shake Global Trade and Markets
Trump has announced **25% tariffs on steel and aluminum imports**, aiming to **protect U.S. industries** and counter trade imbalances. A new **reciprocal tariff policy** will match foreign duties on American goods, impacting key trading partners like **India, China, and Canada**. The move has triggered **market volatility**, with fears of a **trade war** growing. While some see risks, others believe these tariffs could lead to more **balanced global trade policies** and **domestic economic growth**. Stay tuned for further updates.
Trump’s New Tariffs Shake Global Trade and Markets
Trump has announced **25% tariffs on steel and aluminum imports**, aiming to **protect U.S. industries** and counter trade imbalances. A new **reciprocal tariff policy** will match foreign duties on American goods, impacting key trading partners like **India, China, and Canada**. The move has triggered **market volatility**, with fears of a **trade war** growing. While some see risks, others believe these tariffs could lead to more **balanced global trade policies** and **domestic economic growth**. Stay tuned for further updates.
Powell Braces for Contentious Congressional Hearings Amidst Trump’s Resurgent Influence
Federal Reserve Chair Jerome Powell is set to face a gauntlet of scrutiny during his upcoming semiannual testimony before Congress on Feb. 11. These hearings are poised to be particularly “hyper-charged,” as Powell navigates the complex interplay between monetary policy, bank regulation, and the resurgence of President Trump’s influence. The hearings, occurring before both the […]
Trump Reinstates Steel and Aluminum Tariffs, Threatening Trade War
President Trump has reinstated a 25% tariff on steel and aluminum imports, impacting even close allies like Canada and Mexico. Effective March 4th, the levies aim to protect US industries and counteract circumvention of existing duties by countries such as Russia and China. Trump insists this will boost domestic production and create American jobs, hinting […]
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