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Trump's Tariff Threat Could Devastate Texas
Trump said he'll put a 100% tariff on countries that give up the dollar. That could backfire.
The US can't reduce its trade deficit and increase the global dominance of the dollar at the same time, said an economist.
Trump’s tariff threat to BRICS nations may end up backfiring
Trump's pressure on countries to remain tied to a US-dollar-based financial system could backfire, with potential increased motivation for BRICS to create alternatives. While the dollar's dominance persists due to existing economic strengths,
Donald Trump's Tariff Threat Could Devastate Texas
Economists have warned Donald Trump 's plan to impose a 25 percent tariff on all products entering the United States from Mexico and Canada could have a dramatic impact on the economy of Texas, with one predicting it would cost 370,000 jobs in the Lone Star State.
2h
on MSN
Asian Manufacturing PMIs Send Positive Signals But Tariff Threat Tempers Upside
Manufacturing conditions across much of Asia looked slightly stronger midway through the fourth quarter, but trepidation ...
15h
on MSN
Trump's tariff threat throws a spotlight on the whack-a-mole trade in drug precursors
President-elect Donald Trump this week cited drugs as a reason for his threat of crushing U.S. tariffs on Canadian ...
19h
Ali Velshi: Trump’s new tariff threat ‘isn’t the way’ to change global trade
Trump is now threatening 100% tariffs on BRICS nations, should they move away from trading with the American dollar. Ali ...
3d
China criticises Trump tariff threat, says it won't solve America's problems
China's state media have praised some U.S. firms for "strong collaboration" - commentary that comes amid fears of a trade war ...
2d
on MSN
Trudeau says Trump would raise prices on Americans if he follows through on Canada tariff threat
The Canadian PM said President-elect Donald Trump's threatened tariffs on Canadian products would raise prices for Americans ...
14h
on MSN
Cruz defends Trump tariff plan: Threat ‘immediately’ produced action
Texas Sen. Ted Cruz (R) defended President-elect Trump’s threat to impose steep 25 percent tariffs on all goods from Canada ...
3d
Mexico’s president has ‘excellent’ talk with Trump, dismisses tariff threat
The Mexican president and Trump have given dramatically different versions of the call Wednesday. Trump said on his Truth ...
1d
on MSN
Donald Trump promised to bring down prices, but experts say his tariff plans will do the opposite
On Monday, Trump threatened to impose new tariffs on Mexico, Canada and China – the United States’ three biggest trading ...
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