Trump, tariff and Global South
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Trump, Tariffs
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The astonishing rebound in stocks since early April largely reflects investors' bet that U.S. President Donald Trump won't follow through on his tariff threats.
The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.
America’s trading partners have largely failed to retaliate against Donald Trump’s sweeping tariffs, allowing a president taunted for “always chickening out” to raise nearly $US50 billion ($77 billion) in extra customs revenues at little cost.
The Trump administration and many market observers are offering diametrically opposed explanations for why dramatic tariff threats have been met by a ho-hum market reaction. Both can't be right.
7hon MSN
With his two dozen letters to U.S. trading partners last week, President Donald Trump promised elevated tariffs on Aug. 1 largely to tackle an issue he’s raised for decades — trade deficits.
NATO Secretary-General Mark Rutte visits Washington for talks with President Trump on various geopolitical issues, including tariffs and military aid to Ukraine. Trump's tariff threats against the EU and Mexico,
Most European markets took a hit as trading resumed in the wake of President Trump's latest tariff threats, and as the EU keeps hoping for a deal.
Global investors got a harsh reminder of the risks around trade tariffs and U.S. President Donald Trump's deal-making on Saturday after he threatened fresh tariffs on his biggest trading partners in Europe and Mexico.