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Trump, Tariffs

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ABC News |
The tariffs will also apply to key imported auto parts, including engines, powertrain parts and electrical components.
ABC |
President Donald Trump on Wednesday abruptly backed off his tariffs on most nations for 90 days even as he further jacked up the tax rate on Chinese imports to 125%.
Houston Chronicle |
The Trump administration has reversed sweeping cuts in emergency food aid to several nations while maintaining them in Afghanistan and Yemen, two of the world’s poorest and most war-ravaged countries...

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Tariffs on autos, auto parts remain in place despite Trump's 90-day pause
The president said he'd lower tariffs on countries other than China but it did not apply to industrial sector tariffs like autos.
'Much more expensive': What do Trump's auto tariffs mean for car prices?
Auto tariffs announced by President Donald Trump will likely raise car prices by thousands of dollars, while hiking costs for repairs and insurance, some experts told ABC News. Within hours of the policy rollout, Ferrari said it will raise prices by as much as 10% for some models to compensate for the tariffs.
Trump’s auto tariffs: Which vehicles are actually made in the United States?
President Trump placed a 25% tariff on imported cars. How can buyers determine if the vehicle they want comes with a big or small tariff?
Trump limits tariffs on most nations for 90 days, raises taxes on Chinese imports
Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed off his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%
The Latest: Trump’s latest round of tariffs go into effect
Several new, sweeping taxes on goods from other countries are already here — and more took effect on Wednesday. Trump has promised higher rates for his latest and most severe volley of duties, which he calls “reciprocal” tariffs.
What are tariffs and why is Trump using them?
US President Donald Trump has announced sweeping tariffs on goods imported from the rest of the world. Trump claims that a 10% tariff on all nations and much higher rates of up to 104% on individual countries will boost the US economy and protect jobs.
The Latest: Treasury secretary says Trump will keep 10% import tariff, raise import tax on China
President Donald Trump shared on Truth Social that he has “ authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%.” Trump also raised the tax rate on Chinese imports to 125%.
iPhone could triple in price to $3,500 if they’re made in the US
US President Donald Trump has boasted “jobs and factories will come roaring back” as he unleashed unprecedented tariffs around the world during his “Liberation Day” address.
Trump’s tariffs are already reducing car imports and idling factories
A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.
US tariffs ripple through auto supply chains into Mexico
Auto workers expressed uncertainty and hope outside a Stellantis assembly plant in central Mexico that is scheduled to begin a month-long pause in production.
White House says Trump's tariffs will be 'perfect deal' for U.S.
The White House said Tuesday that President Donald Trump and his tariff team are preparing to roll out a "perfect deal" for Americans on Wednesday, when Trump is expected to announce his plans. Trump plans to unveil reciprocal tariffs on Wednesday on all nations that put duties on U.
White House says Trump will go ahead with tariffs as nervous world awaits trade war
Trump has for weeks trumpeted April 2 as a "Liberation Day" that will see dramatic new duties that could upend the global trade system, with a White House Rose Garden announcement scheduled for 4 p.m.
Gov. Whitmer slams Trump's tariffs in DC, calls for investments in defense industries
Michigan Gov. Gretchen Whitmer downplayed any suggestion she's looking at running for president in 2028 ahead of meeting Trump.
Orlando Sentinel13d
Trump places 25% tariff on imported autos, expecting to raise $100 billion in tax revenues
WASHINGTON (AP) — President Donald Trump said he was placing 25% tariffs on auto imports, a move the White House claims would foster domestic manufacturing but could also put a financial squeeze ...
Tariffs will likely raise much less money than White House projects, economists say
White House trade adviser Peter Navarro said tariffs would raise about $600 billion to $700 billion a year. Economists say that’s nearly impossible.
Stocks tumble after Trump’s tariffs roil global markets: Live Updates
The Dow, S&P 500 and Nasdaq fell sharply after Trump slapped tariffs on a host of countries including China, Vietnam, Taiwan, while also blasting the European Union. FOX Business is providing real-time updates on the markets,
Why Trump tariffs, supply issues could make spring and summer the worst times to buy a car
President Donald Trump's tariff announcements are wreaking havoc on the auto industry. Here's why car buyers should approach the market cautiously.
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