Trump, EU and tariff
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Trump, Tax Cut and Tips Act
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Important measures of the economy like the unemployment rate and inflation have stayed stable so far despite President Donald Trump's trade wars, but that could soon change, forecasters say.
U.S. companies are also still cautioning about how tariffs could affect their businesses. On Walmart 's ( WMT -1.35%) earnings call last week, CEO Doug McMillon warned about potential repercussions. President Trump responded on social media that Walmart makes billions of dollars in sales, and that it should "eat the tariffs." But can it?
President Donald Trump said that the tariffs he threatened against Apple Inc. earlier Friday would also be aimed at a wider range of device makers including Samsung Electronics Co. to spur them into moving manufacturing of their products to the US.
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America’s highest-profile retail chains are walking a difficult tightrope — trying to blunt the financial hit from tariffs by raising prices for consumers without angering them or President Donald Trump.
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Soy Nómada on MSNThe impact of Trump's tariff policies on U.S. economy begins to feel in the walletsUnder former President Donald Trump, U.S. tariffs have soared to their highest level in nearly 90 years, averaging 18%. This increase in import costs raises questions about the financial burden on American households and the broader economic implications.
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Trump threatens 25% tariff on Apple, other tech giants if they don't start making devices in America
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Axios on MSNLutnick: Trump "felt horrible" about impact of China tariffsPresident Trump felt "horrible" about the impacts of tariffs on China that hit American businesses in April, Commerce Sec. Howard Lutnick said at an Axios event on Wednesday. Why it matters: Lutnick said the pain was necessary — but he again insisted prices won't rise for consumers.
US businesses are the most worried about the impact of President Donald Trump’s shifting tariff policies on their revenues, with more than half projecting a hit of at least 25% to their revenue, according to a survey by HSBC Holdings Plc.
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Explícame on MSNCitizens responds to tariff price hikes in front of Commerce SecretaryAmericans push back on Commerce Secretary Lutnick's claim that tariffs cause "no pain," exposing a deep gap between public sentiment and official policy.