Trump, tariff
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Trump to put tariffs of more than 10 percent
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A lot could happen on the trade front in the next few weeks, from pressuring Russia on Ukraine to arguing the legality of the administration’s tariff policy. Here are a few developments to watch.
The ongoing tariff negotiations have created a potentially more uncertain environment for electronics and other supply chains than the pandemic.
President Trump’s plan to impose a 100 percent tariff on Russian goods could raise the cost of urea, a key fertilizer in corn and other row crops.
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Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors affecting these markets.
There is no single way to predict how businesses will price items weeks or months into the future as, in addition to tariffs, they are influenced by things like consumer demand, sales strategies, and supply chains.
Trump has escalated his demands on the EU following weeks of negotiations over a possible framework deal, the FT reported.
The S&P 500 and Nasdaq Composite ended largely unchanged on Friday, having dipped earlier after a Financial Times report indicated U.S. President Donald Trump was pushing for steep new tariffs on European Union products.
But, for now at least, a steady if unspectacular job market and a stock market hitting new highs appears to be enough to keep consumers spending. Given that consumer spending accounts for more than two-thirds of the economy’s overall output, that is a good omen.
For Americans who were awaiting the release of the Nintendo Switch 2, the delay of U.S. pre-orders for the gaming console this April was one indication of what’s to come.
5hon MSN
MSCI's global equity index advanced slightly while U.S. Treasury yields dipped and Wall Street equities were barely changed on Friday as investors waited for corporate earnings and monitored the latest U.
Alcoa (NYSE:AA) has paused work on all its growth projects in Canada due to President Trump's tariffs, and may need to turn to the Canadian government for help if the leveis remain in place, CEO Bill Oplinger told Bloomberg in an interview Friday.