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President Trump announced a 10% baseline tariff and “discount” reciprocal tariffs on Wednesday during a widely anticipated ...
Trump is a proponent of tariffs, insisting that they are paid for by foreign countries. In fact, it is importers — American companies — that pay tariffs, and the money goes to the U.S. Treasury.
Service sectors make up the vast bulk of the American economy ... But that dominance also gives other countries some clout in negotiations — including the ability to impose some pain on the ...
By calling attention to the key role it plays in military and financial support for Europe, the U.S. is reminding the world — and European countries in particular — that America is ...
But at what cost? His trade war is panicking financial markets. The 40-odd countries that have put their security in America’s hands since 1945 are suffering a crisis of confidence. They dread ...