US EditionTrump announces 10% baseline tariff on all imports, higher 'reciprocal' tariffs against select countries
- Donald Trump announced a baseline 10% tariff on all imports and higher tariffs against specific countries starting April 9, including 34% on China and 20% on the European Union.
- After Trump's tariff announcement, financial markets experienced a significant decline, with stocks dropping by as much as 2% in after-hours trading.
- Critics, including William Reinsch, claim Trump's tariff strategy unfairly penalizes allies like Canada and lacks historical accuracy.
- Critics argue that the tariffs unfairly target allies while exacerbating trade tensions.
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Trump Tariffs: Will they hurt or help the American economy?
President Donald Trump announced that the United States would begin issuing “reciprocal tariffs,” imposing a base 10% tariff on international imports, with even higher tariffs to be issued on certain nations. The stock market did not react positively, and now, the hosts of the “Jake and Spike Show” on KIRO Newsradio are debating the strategy. “He (Trump) calls them reciprocal tariffs. But that’s not the case,” said Spike O’Neill. “He put out a l…
·Tacoma, United States
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Total News Sources850
Leaning Left150Leaning Right110Center191Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 33%
C 42%
R 24%
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