Trump steel and aluminum tariffs target a deeper problem – but risk job losses and higher prices | Money news Aitrend

Trump steel and aluminum tariffs target a deeper problem – but risk job losses and higher prices | Money news

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Few materials count as much as steel and aluminum. Steel, an iron and carbon alloy, is the main metal ingredient of the structures in which we live and the bridges that we build. If it is not in steel, it is made with steel. Aluminum, however, is a wonderful material that we use with Wild … Read more

UK will not be target of Donald Trump’s tariffs, says Chancellor Rachel Reeves | Money News Aitrend

UK will not be target of Donald Trump’s tariffs, says Chancellor Rachel Reeves | Money News

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Chancellor Rachel Reeves has indicated she will ignore environmental objections to a third landing strip at Heathrow to prioritize economic growth, a stance likely to put her at odds with colleagues including the Home Secretary. energy, Ed Miliband. Speaking as she began a 48-hour speech to international investors at the World Economic Forum in Davos, … Read more

Government ‘doesn’t think’ Donald Trump will impose tariffs on UK – but is ‘prepared for all scenarios’ | Political news Aitrend

Government ‘doesn’t think’ Donald Trump will impose tariffs on UK – but is ‘prepared for all scenarios’ | Political news

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The government does not believe Donald Trump will impose tariffs on the UK but is “prepared for all scenarios”, a minister has said. Darren Jones, the chief secretary to the Treasury, said Sky News Sunday Morning with Trevor Phillips that the former president’s return to the White House “could be an extremely positive thing with … Read more

Trump’s tariffs: a tax on American consumers Aitrend

Trump’s tariffs: a tax on American consumers

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President-elect Donald Trump has promised to impose across-the-board tariffs on goods imported from some allies and adversaries, saying foreign countries would pay those taxes to the U.S. Treasury. But it is American consumers who would open their wallets to pay the customs duties. Correspondent David Pogue speaks with Dartmouth economics professor Doug Irwin about the … Read more

Who would pay the tariffs promised by Trump? You will be! Aitrend

New President Donald Trump has made his feelings on tariffs very clear: “The word ‘tariff’ is the greatest word in the dictionary,” he said. “I think it’s more beautiful than ‘love.’ …I love the prices! …Music to my ears! And what exactly is a tariff? It’s a tax. According to Doug Irwin, an economics professor … Read more

Donald Trump threatens to impose new tariffs on Mexico, Canada and China on his first day in office | US News Aitrend

Donald Trump threatens to impose new tariffs on Mexico, Canada and China on his first day in office | US News

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Donald Trump threatened to impose new tariffs on Mexico, Canada and China on his first day in office. The president-elect, who takes office on January 20 next year, announced that he would introduce a 25% tax on all products entering the country from Canada and Mexico. Posting on his Truth Social platform, he also threatened … Read more