
The Rest of the World Is Bracing for a Flood of Cheap Chinese Goods

The day was termed “Liberation Day” by Trump, who signed an executive order imposing a flat 10 percent tariff on almost all nations and then additional tariffs on those countries that the US accuses of charging higher levies on American goods.

President Donald Trump’s sprawling new tariff regime sent world markets plunging and had officials reeling at the prospect of a global trade war.

Countries seeking to sell goods to the United States will face taxes as high as 54% based on how the White House is calculating duties on U. S. exports.

The labor market's fortunes are likely to continue fading after President Donald Trump unveiled on Wednesday a 10% minimum tariff on most goods imported into the U. S., unleashing threats of retaliation and rattling global financial markets.

Trump hails ‘liberation.’ The world sees America alone.

Trump’s Tariffs Shock Allies and Global Markets

Everything is blowing up in Elon Musk’s face

New Donald Trump Greenland update — 'we'll pay you more than Denmark'

Elon Musk took a chainsaw to the US government. Tesla is taking the hit.

Trump tells Cabinet, others that Musk will leave soon, Politico reports

Tesla Sales Worst in Years as Americans Turn on Elon Musk
James Surowiecki (@JamesSurowiecki) on X
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Reciprocal Tariff Calculations
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- The simple secret behind Donald Trump's dodgy tariffs 'formula' is revealed... as baffled economists pour scorn on US President's 'irrational' calculation of global trade levies — Economists rip apart Trump's 'insane' list of 'fake' international tariff charges levied against US and reveal 'the formula White House used' to create reciprocal fees that have caused global chaos —
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