Apr 04 U.S. added 228,000 jobs in strong March buildup to Trump trade wars By Paul Wiseman, Associated Press U.S. employers added a surprising number of jobs last month, showing that the American labor market was in solid shape as President Donald Trump embarked on a risky trade war with the rest of the world. Continue reading
Apr 04 China hits back with 34 percent tariff on U.S. imports as world weighs how to deal with Trump’s hikes By Elaine Kurtenbach, Associated Press As world markets wallowed in heavy losses Friday, Taiwan's president promised to provide support to industries most vulnerable to the 32% tariffs Trump ordered in his "Liberation Day" reciprocal tariffs announcement. Continue reading
Apr 03 Senators introduce bipartisan bill to expand congressional authority over tariffs By Associated Press Legislation pushed by Iowa Republican Sen. Chuck Grassley and Washington Democratic Sen. Maria Cantwell would require presidents to justify new tariffs and secure congressional approval within 60 days, otherwise they would expire. Continue reading
Apr 03 How the White House calculated Trump’s sweeping new tariffs By Will Weissert, Associated Press President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what others assess as trade penalties on American goods. What he’s actually imposing is based on far more complicated math. Continue reading
Apr 03 A timeline of Trump’s tariff actions so far By Wyatte Grantham-Philips, Associated Press Long-threatened tariffs from U.S. President Donald Trump have plunged the country into trade wars abroad — all while on-again, off-again new levies continue to escalate uncertainty. Continue reading
Apr 03 How soon will prices rise? 4 questions about Trump’s reciprocal tariffs, answered By Christopher Rugaber, Paul Wiseman, Associated Press Economists don’t share President Donald Trump’s enthusiasm for tariffs since they’re a tax on importers that usually get passed on to consumers. It’s possible, however, that the reciprocal tariffs could bring other countries to the table and get them to… Continue reading
Apr 03 5 places Trump has targeted for tariffs even though they have few or no exports By Rod McGuirk, Jamey Keaten, Associated Press The Trump administration’s sweeping tariffs have touched rocky outcrops home to polar bears in the Arctic, tiny tropical islands and a former British penal colony whose leader is befuddled that it was targeted. Continue reading
Apr 03 Calls for global trade talks from countries around the globe as Trump tariffs cause worry By Elaine Kurtenbach, David McHugh, Associated Press The measured responses from key trading partners highlighted a lack of appetite for an outright trade war. Continue reading
Apr 03 Dow tumbles more than 1,600 the day after Trump’s major tariff announcement By Stan Choe, Associated Press Wall Street shuddered, and a level of shock unseen since COVID’s outbreak tore through financial markets worldwide Thursday on worries about the damage President Donald Trump’s newest set of tariffs could do to economies across continents, including his own. Continue reading
Apr 02 WATCH: Trump announces broad tariffs at ‘Liberation Day’ White House event By Josh Boak, Associated Press President Donald Trump on Wednesday announced far-reaching new tariffs on nearly all U.S. trading partners — a 34 percent tax on imports from China and 20 percent on the European Union, among others — that threaten to dismantle much of… Continue reading