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Trump Stokes Trade War

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USA TODAY |
The difference results in a trade imbalance with a trade deficit for the US and a trade surplus for China.
Reuters |
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade wa...
CNN |
The tariffs, Trump said, “are going to give us growth.”

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US trade imbalance with China: What is a trade deficit vs trade surplus? Why it matters
US has highest trade deficit in the world. Who has highest trade surplus? Here's what trade imbalance and reciprocal tariffs mean and why it matters
Can Trump's tariffs and a trade war with China correct years of imbalance, or just bring misery all around?
As Trump's tariffs push Chinese businesses to seek new markets, one expert says the trade war is likely to get worse before it gets better.
Trump Stokes Trade War as World Reels From Tariff Shock
The penalties announced on Wednesday unleashed turbulence across world markets and drew condemnation from other leaders facing the end of an era of trade liberalization that has shaped the global order for decades.
Trump stokes trade war as world reels from tariff shock
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.
Wall Street futures in a tailspin as tariffs fuel recession fears
U.S. stock index futures sank on Thursday after President Donald Trump's sweeping tariffs against its trading partners heightened fears of an all-out trade war that could push the global economy into a recession.
Trump Announces Sweeping New Tariffs. What’s Next
Trump imposed the steepest US tariffs in more than a century, stepping up his campaign to reshape global trade.
Trump just massively escalated his trade war. Here’s what he announced
President Donald Trump is stepping up his massive global trade war, a move that’s certain to weigh on Americans’ wallets and could push the US economy into a painful recession.
Wall Street ends with heavy losses on fears Trump tariffs will trigger recession
S&P 500 companies lost a combined $2.4 trillion in stock market value in Thursday's selloff, their biggest one-day loss since the pandemic sent global markets into a tailspin on March 16, 2020.
Preparing tariff retaliation, U.S. allies say Trump will 'buckle under pressure'
The Trump administration is facing global blowback after announcing a dramatic series of tariffs on countries around the world, with U.S. adversaries and allies alike promising crushing responses that could devastate the American economy.
What to Know About the U.S. Trade Imbalance, in Charts
He called the levies necessary to rebuild the U.S. economy and to retaliate against nations he described as engaging in unfair trade practices. The levies include a 10%, across-the-board tariff on imports from all countries,
Trade ‘Emergency’ Follows Decades of Trump Anger That America Has Been Ripped Off
Economists and legal experts question how the strongest economy in the world can be facing a national emergency over the trade deficit.
Congress Is Freaking Out About Trump’s Trade War, But Not Enough to Stop Him
A fast-spreading panic hit Capitol Hill on Thursday, as President Donald Trump’s trade war prompted markets to suffer their worst day since the onset of the pandemic in 2020 and analysts were predicting the worst was yet to come.
Math Behind New U.S. Tariffs Points to Trade Imbalance as Key Issue
The White House’s new tariffs announced Wednesday were pegged to amounts it said other countries impose on the U.S. In many cases, those amounts appear to match a basic formula: the size of a country's goods-trade imbalance with the U.
The U.S. Has the Biggest Trade Deficit With These Countries
The U.S. imported $918 billion more goods and services in 2024 than it imported, a 59% increase since 2019 when the trade deficit was $576 billion. The biggest trade imbalance is with China, which exp
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U.S. stocks take a historic plunge after Trump's tariffs shock global trade
Wall Street is wracked by major selling as investors bet against the sweeping new trade barriers. Japan’s main stock index and Europe’s Stoxx 600 each closed 2.7% lower.
Trump announces broad new tariffs he says will correct trade imbalance; critics say they'll cost consumers
President Donald Trump announced Wednesday that a minimum 10% tariff will take effect this weekend on all imports into the country, and some countries will see higher reciprocal tariffs next week.
Who Are the ‘Dirty 15’ Trade Partners?
The Trump administration is focusing on applying tariffs to about 15% of nations with persistent trade imbalances with the U.S.—a so-called “dirty 15,” as Treasury Secretary Scott Bessent put it last week.
Trade imbalance widens as US slaps higher tariffs on Indian medical devices
India’s medical device exports to the United States are set to face headwinds following a 26% tariff hike imposed by Washington, a move that could affect the sector’s competitiveness in one of its largest overseas markets.
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