Trump defends tariffs, claims long-term economic benefits for US
- President Donald Trump plans to impose tariffs on foreign goods to encourage domestic manufacturing and create jobs in the U.S., citing plans from carmakers Hyundai, Stellantis, and Honda to expand production, which often involve reallocating existing investments rather than building new plants.
- Experts highlight that Trump's claims about a manufacturing boom are exaggerated, as these announcements involve existing plants rather than new automobile factories.
- Economists warn that American consumers may bear the cost of tariffs, leading to increased inflation and economic downturn.
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'Dangerously naive': Lawmaker flags Trump's ulterior motive for 'new super dangerous tool'
Donald Trump has an ulterior motive for enacting his controversial tariff policy, but there is a way that opponents can fight back, according to Democratic Senator Chris Murphy. Murphy, who represents Connecticut, said in the wake of Trump's major trade war escalation that "those trying to under...
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Total News Sources18
Leaning Left5Leaning Right7Center0Last UpdatedBias Distribution58% Right
Bias Distribution
- 58% of the sources lean Right
58% Right
L 42%
R 58%
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