Ever since President Trump began raising tariffs on goods from China during his first term, Chinese companies have raced to set up warehouses and factories in Southeast Asia, Mexico and elsewhere to bypass US tariffs with indirect shipments to the American market via other countries. But on Thursday, Trump took aim at all indirect American imports, which he blames for …
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The upcoming week will be a key test for the US stock market’s rebound, as investors watch major earnings reports from Apple and Microsoft, while global trade developments could add to market volatility.According to news agency Reuters, next week’s significant economic indicators include the US jobs data, first-quarter economic growth figures and inflation updates. These reports will help investors determine …
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President Donald Trump listens to Kid Rock before signing an executive order in the Oval Office of the White House in Washington, Monday, March 31, 2025. (Pool via AP) Reciprocal tariffs are a trade policy mechanism where a country imposes tariffs on imports that match the tariffs its exports face in foreign markets. The concept is rooted in the idea …
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