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Trump Puts 90-Day Pause on Higher Tariffs

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U.S. News & World Report |
President Donald Trump on Wednesday paused for 90 days many tariffs but is not halting 25% tariffs on automotive imports and looming tariffs on auto parts, drawing criticism from Michigan business an...
Reuters |
President Donald Trump was not trying to re-invigorate trade with Russia by sparing Russian goods from new tariffs, but it was up to Trump whether to impose any future duties.
The New York Times |
Stocks soared in the countries that were spared.

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Tariffs on autos, auto parts remain in place despite Trump's 90-day pause
The president said he'd lower tariffs on countries other than China but it did not apply to industrial sector tariffs like autos.
Auto stocks pull higher as Trump reverses on reciprocal duties, but auto tariffs remain
Auto stocks pulled higher after President Trump backed off and announced a 90-day pause on tariffs for most countries, yet at the same time he increased levies on China, and kept auto tariffs in place.
Trump Does Not Pause 25% US Auto Tariffs, Drawing Criticism From Michigan Business and Auto Groups
WASHINGTON (Reuters) - President Donald Trump on Wednesday paused for 90 days many tariffs but is not halting 25% tariffs on automotive imports and looming tariffs on auto parts, drawing criticism from Michigan business and auto groups.
Trump not seeking to re-invigorate US-Russia trade with lack of tariffs, Greer says
U.S. Trade Representative Jamieson Greer told lawmakers on Wednesday that President Donald Trump was not trying to re-invigorate trade with Russia by sparing Russian goods from new tariffs, but it was up to Trump whether to impose any future duties.
'Trump blinks first' and 'Only four real fwends'
"Trump blinks first in trade war," is the Daily Telegraph's headline which notes that US stocks had a good day bouncing back after the announcement. There is also a photo of King Charles III and Queen Camilla,
Historic stock market declines under President Trump: What investors need to know
You'll note the double-digit percentage declines in the S&P 500 and Nasdaq places both firmly in correction territory, with the Dow Jones not too far behind. These not-so-subtle moves lower are particularly surprising given how strong the stock market closed out President Donald Trump's first term in office.
Stocks Jump in Asia After Trump’s Tariff Reprieve
Markets in Japan, South Korea and Taiwan soar after the U.S. president pauses punishing tariffs. Gains in mainland China were modest as trade hostilities heat up between Washington and Beijing.
How Trump tariffs kicked off days of nerve-racking stock market trading
President Donald Trump said Wednesday he will pause reciprocal tariffs for 90 days to more than 75 U.S. trading partners except for China, whose tariff rate he said will increase to 125%, effective immediately.
Trump does not pause 25% US auto tariffs, drawing criticism from Michigan business and auto groups
President Donald Trump on Wednesday paused for 90 days many tariffs but is not halting 25% tariffs on automotive imports and looming tariffs on auto parts, drawing criticism from Michigan business and auto groups.
Sweeping tariffs shake the auto industry and its consumers
Anderson Economic Group says the impact of auto tariffs on U.S. consumers could be $30 billion in the full first year.
Trump's tariffs are a 'debacle of epic proportions' for the auto industry — and consumers too, analyst says
Automakers have been hit by market chaos caused by President Donald Trump's tariffs, sending shares in Japanese and European carmakers tumbling.
Auto tariffs: How used car prices will be impacted
The automotive industry is under pressure amid the broader tariff-fueled market sell-off. Edison Yu, Deutsche Bank US autos analyst, joins Market Domination to chat with Epistrophy Capital Research's chief market strategist and host of "The Drill Down Podcast" Cory Johnson to discuss how tariffs will affect used car prices.
Jaguar Land Rover to halt US shipments amid Trump's 25% auto tariff
The company is pausing shipments through April while it figures out how to deal with Trump’s 25 percent import tariff.
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Schumer slams United Auto Workers union for praising the Trump tariffs he says 'hurt everybody'
N.Y., called out the UAW union on Friday for praising President Donald Trump’s tariffs on foreign automobiles and parts.
Auto tariff to cost US consumers more than $30 bln in first year, report shows
U.S. President Donald Trump's 25% tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced car sales in the first full year, consultancy firm Anderson Economic Group said in a report on Thursday.
How Auto Tariffs Are About to Make Cars Even Less Affordable
Analysts estimate President Trump’s auto tariffs could raise the cost of a vehicle by thousands of dollars. Ballpark calculations based on current monthly auto-loan payments and an average American’s income show how that would test U.
A lot of US autoworkers like the idea of auto tariffs. But some are being laid off as a result
The United Auto Workers union, and many of its members, have publicly agreed with President Donald Trump’s decision to slap 25% tariffs on all imported cars. But about 900 UAW members will start paying the price for those tariffs starting Monday.
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