Tag: Trump Tariffs
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Canada’s Apology to Trump Over Reagan Ad Sparks Transborder Tension
Background: A Controversial Ad and Rising Tensions The incident at the center of today’s headlines involves an anti-tariff advertisement that featured former U.S. President Ronald Reagan. When the campaign material surfaced, it drew swift criticism from President Donald Trump, who labeled the ad “fake” and used it to justify his tariff actions against Canadian goods.…
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Trump announces 100% tariffs on Chinese imports amid stock market sell-off
Trump announces 100% tariffs on Chinese imports President Donald Trump declared a sweeping move to raise the economic stakes with China, announcing a 100% tariff on imports from the country starting November 1. The proclamation follows a day of market volatility and a sharp rebuke of what the administration characterized as China’s “extremely aggressive” export…
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Chinese stocks slide as Trump threatens tariffs on China
Overview: Markets react to renewed U.S.-China tensions Chinese stocks trading in the U.S. fell sharply on Friday after former President Donald Trump amplified a pledge to raise tariffs on Chinese imports if he returns to office. His comments, accusing Beijing of behaving in a way that could threaten global stability, intensified concerns that the already…
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Trump Threatens Massive Tariffs on China Over Critical Minerals Dispute
Background: A Growing Trade Tension In a developing story that has global markets watching closely, President Donald Trump signaled a potential shift in the United States’ approach to trade with China. He warned that the United States could implement a “massive increase” in tariffs on Chinese goods as a response to Beijing’s recent export controls…
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European markets respond to Trump tariffs and Urso remarks
European markets respond to Trump tariffs and Urso remarks European equities edged higher as traders reassessed the impact of U.S. tariff moves and awaited fresh data from the United States. The pan-European Stoxx 600 rose about 0.7%, with notable strength in healthcare and utilities, while London, Paris, and Frankfurt posted gains of roughly 0.6–0.7%. Milan…
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Markets Today: Trump Tariffs, Urso Says Data Will Reveal Impact
Markets Today: European stocks rise as Wall Street data and tariff developments weigh on sentiment European equities edged higher as traders absorbed the latest signals from U.S. tariff policy and watched for the annual data that could clarify which sectors are most exposed. Italy’s Industry Minister Adolfo Urso underscored a cautious, data-driven approach, saying we…
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Trump Imposes 100% Tariffs on Medicines: AstraZeneca Hit
Executive overview: 100% tariffs on medicines In a move that has stoked alarms across the pharmaceutical sector, the United States plans to impose 100 percent tariffs on imported medicines starting October 1. The sweeping policy targets a wide range of drugs and could push up costs for patients and disrupt established supply chains, even as…
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Trump Imposes 100% Tariffs on Imported Medicines, Shaking Global Pharma
US announces 100% tariffs on imported medicines In a move set to ripple through the pharmaceutical sector, the United States announced on October 1 that it will impose 100 percent tariffs on imported medicines. The decision, framed as a measure to curb what officials call a flood of foreign products, immediately drew attention from industry…
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Trump 100% Tariffs on Drugs Shake Pharma Markets Today
Overview: Trump Announces 100% Tariffs on Drugs The White House has announced a sweeping 100% tariff on imported pharmaceuticals, to take effect starting October 1. The move is aimed at addressing what President Trump has described as an overwhelming influx of pharmaceutical products into the United States from abroad. In practice, the policy targets a…
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Trump Pharma Tariffs: Who Stands to Lose?
What the tariffs actually do In a post on Truth Social, former President Donald Trump announced a 100% tariff on branded or patented pharmaceutical products imported into the United States, unless a company has an active project to build manufacturing capacity within the U.S. The policy is slated to take effect on October 1, 2025.…