Donald Trump, tariff
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The pause on the biggest of Trump's tariffs won't end this week, as planned, but the problems they present still loom large.
President Donald Trump has again delayed a tariff deadline. His back and forth on the policy spurred TACO accusations. What does it mean?
Inflation has eased since Trump took office, meaning prices have risen at a slower pace than they had been at the end of the Biden administration. Consumer prices increased 2.4% in May compared to a year earlier, hovering near the lowest inflation since 2021.
Jamie Dimon warns markets are growing complacent on Trump’s tariff threats, as UBS's Paul Donovan flags a paradox fueling investor overconfidence.
Donald Trump made a direct link between the tariffs and politics, saying he was making the change “due in part to Brazil’s insidious attacks on Free Elections."
The decision came just days before the prior July 9 deadline when many of Trump’s original "Liberation Day" tariffs were to take hold. Trump also began sending out letters to select trading partners, including Japan and South Korea, which he said will face 25% levies if they don’t reach agreements with the United States by Aug. 1.
The Trump administration's tariffs on imported cars and vehicle parts so far haven't led to frenzied buying or major price increase — yet.
President Trump said Wednesday he would impose a 50% tariff on goods from Brazil next month, citing the criminal prosecution of former Brazilian President Jair Bolsonaro, which Mr. Trump called an "international disgrace.