Posted inNational, national-2, Syndicated

Economists say the way Trump calculated tariffs makes no sense

By Andrew Ackerman, Federica Cocco · The Washington Post (c) 2025 Economists say the crude formula the White House used to calculate what it’s calling “reciprocal tariffs” is too simplistic to achieve its goal of wiping out U.S. trade deficits – and, for that matter, they say that goal doesn’t make sense, either. But the administration is defending its […]

Posted inNational, national-2, Syndicated

Economists say the way Trump calculated tariffs makes no sense

By Andrew Ackerman, Federica Cocco · The Washington Post (c) 2025 Economists say the crude formula the White House used to calculate what it’s calling “reciprocal tariffs” is too simplistic to achieve its goal of wiping out U.S. trade deficits – and, for that matter, they say that goal doesn’t make sense, either. But the administration is defending its […]

Posted inNational, national-2, Syndicated

Stocks plunge and businesses recoil after across-the-board tariffs

By Abha Bhattarai · The Washington Post (c) 2025 President Donald Trump’s intensifying trade war sent stock markets reeling as investors, companies and Americans fretted about rising costs from an onslaught of new tariffs. U.S. stocks fell sharply Thursday, with the S&P 500 dropping more than 4 percent and the Nasdaq down 5 percent. The Dow Jones Industrial […]

Posted inNational, national-2, Syndicated

Stocks plunge and businesses recoil after across-the-board tariffs

By Abha Bhattarai · The Washington Post (c) 2025 President Donald Trump’s intensifying trade war sent stock markets reeling as investors, companies and Americans fretted about rising costs from an onslaught of new tariffs. U.S. stocks fell sharply Thursday, with the S&P 500 dropping more than 4 percent and the Nasdaq down 5 percent. The Dow Jones Industrial […]

Posted inNational, national-2, Syndicated

Trump announces 10 percent tariffs on all imports, additional taxes for some 60 countries

By David J. Lynch, Jeff Stein · The Washington Post (c) 2025 President Donald Trump said Wednesday that he will impose a new 10 percent tariff on all imported goods along with an additional punitive import tax tailored for each of about 60 countries that his advisers say maintain the most unfair barriers against U.S. products. The president’s long-awaited […]

Posted inNational, national-2, Syndicated

Trump announces 10 percent tariffs on all imports, additional taxes for some 60 countries

By David J. Lynch, Jeff Stein · The Washington Post (c) 2025 President Donald Trump said Wednesday that he will impose a new 10 percent tariff on all imported goods along with an additional punitive import tax tailored for each of about 60 countries that his advisers say maintain the most unfair barriers against U.S. products. The president’s long-awaited […]