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tariffs

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May 27

S&P 500 rallies 2% as Wall Street responds to Trump delay of 50% EU tariffs

By Stan Choe, Associated Press

They more than recovered their losses from Friday, when Wall Street's roller coaster dropped after Trump announced the tariffs on the European Union.

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May 27

U.S. consumer confidence bounces back after five straight months of declines amid tariff anxiety

By Matt Ott, Associated Press

Consumer confidence jumped 17.4 points to 72.8, but remained below 80, which can signal a recession ahead.

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May 26

EU trade negotiator says he’s had ‘good calls’ with U.S. after Trump extends tariff deadline

By David McHugh, Associated Press

The European Union's chief trade negotiator said Monday the EU was “fully committed” to reaching a trade deal by a July 9 deadline, after Trump agreed to delay his threatened 50% tariff — or import tax — on European goods.

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May 26

U.S. delays threatened 50% tariff on the European Union until July, Trump says

By Seung Min Kim, Associated Press

The agreement came after a call Sunday with Ursula von der Leyen, the president of the European Commission, who had told Trump that she “wants to get down to serious negotiations,” according to the U.S. president’s retelling.

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May 23

Stock markets tumble after Trump threatens tariffs against European Union and Apple

By Stan Choe, Associated Press

Trump threatened the tariffs before the U.S. stock market opened, saying on his Truth Social platform that trade talks with the European Union “were going nowhere” and that “straight 50%” tariffs could go into effect on June 1.

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May 21

Trump’s tariffs will test U.S. allies at G7 finance ministers’ summit

By Christopher S. Rugaber, Associated Press

The annual meetings of the Group of 7 finance ministers, known as the G7, are typically congenial and in previous years have produced joint commitments to combat inflation and counter the COVID pandemic. There may be less agreement this year.

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May 19

Watch 8:01
What Trump’s tariffs mean for the everyday products we rely on

By Paul Solman, Ryan Connelly Holmes

Nearly one out of every three physical products made in the world today comes from China, including many items we use in our daily lives. Economics correspondent Paul Solman invites us into his home for a look at what tariff…

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May 19

Stocks, bonds and the dollar drift after the latest downgrade to the U.S. credit rating

By Stan Choe, Associated Press

After recovering from an initial jolt, U.S. stocks drifted through quiet trading following the latest reminder that the U.S. government may be hurtling toward an unsustainable mountain of debt.

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May 19

Economists say Trump’s tariffs are unpredictable and still working their way through the system

By Paul Wiseman, Christopher Rugaber, Anne D'Innocenzio, Associated Press

Trump’s tariffs are still huge, unpredictable and working their way through the system.

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May 18

Bessent acknowledges Trump’s tariffs may mean shoppers will pay more at Walmart

By Josh Boak, Associated Press

Treasury Secretary Scott Bessent acknowledged Sunday that Walmart, the largest U.S. retailer, may pass along some of the costs from President Donald Trump’s tariffs to its shoppers through higher prices.

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