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Tag: reciprocal tariffs

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China Strikes Back at Trump with Immediate 84% Tariffs on U.S. Goods

(Breitbart) China is slapping 84 percent tariffs on U.S. goods from Thursday, ramping the impost up from the 34 percent as previously announced, its finance ministry said on Wednesday. Beijing’s hurried move is just the latest shot in an international trade war sparked by U.S. President Donald Trump as he works to level the playing […]

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From Panic to Patriotism: Americans Split Over Trump’s Tariff Tsunami

From Panic to Patriotism: Americans Split Over Trump’s Tariff Tsunami Edited by: TJVNews.com President Donald Trump’s bold announcement of universal and “reciprocal” tariffs on imports from countries across the globe has set off a firestorm of criticism from major U.S. business groups, leading economists, trade policy experts, and a number of lawmakers. While some praised […]

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Nike Stock Plunges as Low-Wage Factories in China, Vietnam, Indonesia Face Trump’s Tariffs

(Breitbart) Nike stock is plunging on Thursday, the day after President Donald Trump announced reciprocal tariffs that will end the nation’s decades-long free trade policy. “NKE was last seen 11.3% lower at $57.62, as investors digest the long-term impact of rising supply chain costs on the company’s margins,” Schaeffer’s Investment Research reports. “The stock is […]

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