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The Senate passed a resolution Wednesday night that would thwart President Donald Trump's ability to impose tariffs on Canada, delivering him a rare rebuke just hours after the president unveiled sweeping plans to clamp down on international trade.
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The sweeping new tariffs announced Wednesday by U.S. President Donald Trump were met initially with measured reactions from key trading partners, highlighting the lack of appetite for a full-fledged trade war.
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Stock futures tumble as US reveals plans to impose 10% universal levies and higher ‘reciprocal' duties
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Dow closes more than 200 points higher ahead of Trump's tariff rollout: Live updates CNBCU.S. stocks drop after hours as Trump imposes sweeping tariffs, S&P 500 ETF falls 2%: Live updates CNBCStocks Post Gains Ahead of Trump Tariff Announcement WSJStock market today: Stock futures sink after Trump's 'Liberation Day' tariffs shock markets Yahoo Finance
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President Trump unveiled sweeping tariffs that included so-called reciprocal actions on dozens of other countries at very high levels.
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Tariffs on imported cars, combined with general tariffs, will raise prices that buyers face, whether they are buying foreign or domestic cars, or even used cars.
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Investors, consumers, executives and traders were already losing confidence in the economy before today.
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Advertisers are seeking flexible terms with media companies as uncertainty grows from President Donald Trump's looming tariffs.
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The initial market reaction suggested that the scale of the tariffs on Wednesday had come as a surprise and analysts were still trying to figure out how they had been derived.
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Trump slaps big reciprocal tariffs on countries around the world; markets drop: Live updates CNBCTrump to roll out sweeping new tariffs CNNTrump tariffs live updates: Trump to reveal tariff plans in 'Liberation Day' event Yahoo FinanceTrump Tariffs Live Updates: 'Liberation Day' Announcement Could Upend Global Trade The New York Times
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The country became a popular alternative for furniture, apparel and toymakers trying to avoid the crossfire of U.S. trade tensions with Beijing
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The president just launched a global trade war that he says will restore American manufacturing. His critics say it will send the country into recession.
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President Trump says that countries have been ripping off the United States for decades. There is some truth to that argument — but also a lot of hypocrisy.
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A family business in Ottawa that makes special shoulder rests for violins is imperiled by both Trump's tariffs on Canada and potential Canadian retaliation.
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