TARIFFS

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Oct 18 2024BUSINESS

Trump's Tariff Plan: Catch-22 for His Own Business?

What happens when a businessman turned politician's policies could hurt his own ventures? That's the situation with Donald Trump's tariff proposals. Newsweek found that many Trump-branded products, like hats, jackets, and even Bibles, are made in countries like China and Vietnam. These are the same

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Oct 18 2024POLITICS

Cuban Slams Trump's Tariffs at Harris Rally; Musk Tours PA

Billionaire investor Mark Cuban took a jab at Republican presidential nominee Donald Trump during a campaign rally for Democratic nominee Kamala Harris. Speaking in La Crosse, Wisconsin, Cuban mocked Trump's tariff proposals, suggesting the former president doesn't grasp his own tax ideas. "I've lea

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Oct 14 2024POLITICS

Politicians Court Voters in Close Election Race

As the US election gets closer, Republican Donald Trump and Democrat Kamala Harris hit the campaign trail on Sunday to gain support in key states. In North Carolina, Harris challenged her rival at Greenville's Black church, accusing them of spreading false information about hurricanes Helene and Mil

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Oct 05 2024BUSINESS

EU Puts Tariffs on Chinese Electric Vehicles: What Does It Mean?

On Friday, the European Union took a significant step in its ongoing investigation into Chinese electric vehicle (EV) subsidies. The EU voted to adopt definitive tariffs on China-made battery electric vehicles (BEVs). This move follows the launch of an anti-subsidy probe back in October 2023, which

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Oct 04 2024POLITICS

Tariffs: A Hot Topic in US Politics Today

Have you ever wondered why some people love tariffs, while others hate them? It's all about perspective. Tariffs have been around since ancient times and were once a big way for governments to make money. But now, they’re not so popular. Many argue that removing trade barriers helps economies grow a

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Sep 20 2024POLITICS

The Tariff Trap

Imagine a world where the most basic economic principles are turned upside down. A world where tariffs are seen as a magic solution to all economic woes. A world where the experts are ignored, and the leader's gut feelings take precedence over facts and figures. Welcome to the world of Trump's econo

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Sep 12 2024FINANCE

The Uncertain Future of FX: CFOs Prepare for Election-Driven Market Volatility

As the 2024 US presidential election approaches, CFOs are bracing for potentially severe market volatility, with a whopping 86% planning to increase their currency hedging activity. This surge in hedging activity is a stark contrast to the 2020 election, when only 20% of CFOs planned to hedge their

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Sep 11 2024BUSINESS

China's Business Reputation Hits Rock Bottom: Can It Recover?

Imagine a place where investors are hesitant to put their money due to a toxic business environment. Sounds like a recipe for disaster. Unfortunately, that's the reality in China, where business confidence has reached an all-time low. Profit margins for many European companies operating in China are

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