TARIFFS

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Apr 04 2025BUSINESS

How Tariffs Might Affect Your Wallet

Tariffs are taxes on imported goods, and they can really mess with prices. A few companies have already hinted that they might raise prices because of new tariffs. These tariffs are part of a bigger trade policy shift. The idea is to protect American industries, but it's not always clear how this w

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Apr 04 2025POLITICS

Congress Steps Up to Challenge Trump's Tariffs

The political scene in Washington is heating up as lawmakers from both sides of the aisle are considering ways to curb President Trump's tariff policies. The recent tariffs on Canada have sparked a wave of action, with Republicans and Democrats alike exploring legislative moves to limit the presiden

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Apr 04 2025POLITICS

Tariffs and Turmoil: A Bold Move with Big Repercussions

The world of finance was shaken up when a prominent political figure announced sweeping tariffs. This decision sent shockwaves through global markets, causing significant drops in stock prices. The Dow Jones, Nasdaq, and S&P 500 all took a hit, with percentages dropping sharply. This move was not ju

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Apr 04 2025POLITICS

Nations Scramble to Avoid Trump's Trade Tariffs

The US has set a deadline for countries to make trade deals before new tariffs hit. The US has given countries a short time to make deals before new tariffs start. The US president has said that countries can avoid higher tariffs if they make changes to their trade rules. This has caused a rush

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Apr 04 2025POLITICS

Canada's Trade War: Car Tariffs and Factory Shutdowns

Canada has taken a stand against the United States by imposing a 25% tax on American-made vehicles. This move comes as a direct response to the tariffs that the U. S. has placed on Canadian cars. The tariffs took effect on a Thursday morning, and Canada's Prime Minister, Mark Carney, announced the r

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Apr 03 2025BUSINESS

The Simple Math Behind Trump's Trade Tariffs

The United States recently introduced hefty tariffs on numerous countries. These tariffs were presented as a way to balance the playing field. The idea was to match what other nations charge the U. S. on their goods. However, the method used to determine these tariffs was far from str

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Apr 03 2025BUSINESS

Tech Titans and Retail Giants Reel from Tariff Shock

Trump's latest tariffs sent shockwaves through the stock market, with some of the biggest names taking a serious hit. The Dow Jones, S&P 500, and Nasdaq all saw significant drops, with the tech-heavy Nasdaq taking the biggest tumble. This was the worst day for these indexes since the pandemic crash.

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Apr 03 2025POLITICS

Tariffs Spark Political Storm: Republicans Break Ranks

The political landscape in the US is shifting, with Republicans starting to push back against President Trump's trade policies. This comes as stock markets worldwide, including Wall Street, have taken a hit. The move has also drawn criticism from international allies. Four Republican senato

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Apr 03 2025POLITICS

Unlikely Targets: The Uninhabited Islands Hit by Trump's Tariffs

The Trump administration's tariffs have cast a wide net, ensnaring even the most remote and uninhabited islands. These tariffs, announced by President Trump, include a baseline 10% tariff on all imported goods and steeper "reciprocal" tariffs on various trading partners. These tariffs have sent sh

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Apr 03 2025BUSINESS

The Auto Giant's Pause: Tariffs Hit Production

The auto industry is feeling the heat from new tariffs. A major car company is halting work at two of its factories. One is in Canada and the other is in Mexico. This move comes as a direct response to the new 25% tariffs on imported vehicles. These tariffs, which started on a Thursday, affect all c

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