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Of course, the offshoot of that is that tariffs hurt consumers. Koreans might have been able to buy foreign cars, without the tariffs, cheaper than they could have bought Kias and Hyundais. Thus, ...
The 1828 Tariff of Abominations, designed to protect northern and western U.S. agricultural products, had unintended consequences. While it bolstered certain industries, it sparked economic and ...
Americans may end up feeling an impact in their wallets as businesses pass on tariff-induced pain by raising prices. China was the first country to respond to the announcement with a 34% ...
The tariff threat, however, has zapped more than that from the largest carmakers’ market capitalization in recent weeks. Tariff gloom already snapped the S&P 500’s three-day winning streak on ...
“Copper, a key industrial metal that has yet to be included in Trump’s widening catalogue of tariff-hit products, continues to rally on the assumption that it is just a matter of time,” said ...
The tariff is higher than the 34% initially announced by China and comes as President Donald Trump's tariffs on imports from China are set to rise to 104% on Wednesday. "It was a mistake for ...
With a few exceptions, most public companies based in the Kansas City area got burned by a tariff-inspired nosedive in the stock market during the past few days. Of the 23 public companies we ...