China, Trump
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Trump, EU and tariffs
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President Trump on Wednesday said he would be sending letters to over 150 countries as he plans a barrage of duties to take effect Aug. 1, including levies on pharmaceutical imports and semiconductors.
Long before President Trump wielded tariffs as a weapon to punish Indonesia, the country was fighting back a flood of cheap Chinese goods.
President Trump's tariffs are almost "tailor-made" to hit the goods that lower income households prefer to purchase, says economist Ernie Tedeschi of Yale's nonpartisan Budget Lab.
For investors, the risk now is that the slow drip of news on tariffs leads to complacency about the damage they might cause-the Nasdaq stock index closed a record high yesterday.
When U.S. President Donald Trump met five African leaders in Washington this month, his lack of familiarity with the continent was on display. He praised Liberian President Joseph Boakai’s English — Liberia’s official language — and gestured at another leader to wrap up remarks.
16hon MSN
While cautioning against protectionism, Rajan said targeted tariff reductions could enhance competitiveness in sectors like auto manufacturing. “We produce certain kinds of cars very well,” he said, suggesting lower import barriers might even sharpen domestic performance.
Stocktwits on MSN14h
3M Retail Investors Cheer Guidance After Company Reduces Trump Tariff Impact ForecastM (3M) on Friday reduced its estimated net impact from U.S. President Donald Trump’s tariff policies on full-year 2025 profit to $0.10, helping it raise its earnings per share forecast for the year following the United States and China reaching a trade deal.
14hon MSN
China's Ministry of State Security says it is cracking down on alleged smuggling of rare earths materials that it says threaten national security.
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