US Car Industry Stunned by Tariffs Meant to Save it
The 25 percent tariffs on automobiles announced by President Donald Trump are meant to revitalize American industry, but Detroit's giants were stunned Thursday by their scale and faced a beating on Wall Street.
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#RecessionIndicator: Young Americans are losing confidence in the economy — and it shows online
Young people are finding humor in what they see as indicators in everyday life of a forthcoming economic slowdown. "I feel like Chicken Little," one said.
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Auto Tariffs Complicate Fed's Deliberations on Rates
President Donald Trump's permanent 25% tariff on imported autos has expanded the global trade war, feeding expectations for higher prices for cars and other products, but doing little to settle the debate about how policies of his two-month-old administration will affect...
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Trump's tariffs push will hit the U.S. harder than Europe in the short term, Santander chair says
"On a relative basis, in the short term, Europe will be less affected than the U.S.," Santander's Ana Botín said regarding President Donald Trump's tariffs.
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US Corporate Profits Surge in Fourth Quarter
U.S. corporate profits rebounded sharply in the fourth quarter, but an uncertain economic outlook due to tariffs is creating a challenging environment for businesses in the first quarter.
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Trump's tariffs are making the ECB's interest rate path 'more complicated,' policymaker says
U.S. President Donald Trump's tariff policies are complicating the path ahead for European Central Bank interest rates, policymaker Pierre Wunsch told CNBC.
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