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President Trump announced sweeping tariffs on imported goods, which were higher and broader than many expected. The new import taxes are expected to raise prices and slow growth in the U.S., while pushing many other countries into recession.
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TikTok Ban Deadline Near. Trump Eyes 'TikTok America' Plan While Amazon Also Bids: Reports Investor's Business DailyAmazon joins bidding war for TikTok as deadline for sale approaches: Sources ABC NewsBuyers circle and rumours swirl as TikTok sale deadline looms BBCAmazon Said to Make a Bid to Buy TikTok in the U.S. The New York Times
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Families face a $3,000 tax hike if key cuts expire. Senate Republicans want bold relief, but House GOP moves could block the tax plan America needs.
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After weeks of anticipation and speculation, President Donald Trump followed through on his tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States.
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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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Sweeping new tariffs announced by U.S. President Donald Trump provoked dismay, threats of countermeasures and urgent calls for talks to find ways to rescind the stiff new import taxes imposed on goods from countries around the globe.
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The Senate plan will allow for a $4 trillion extension of Trump's tax cuts and an additional $1.5 trillion in further levy reductions.
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