The ANNOUNCEMENT IS they will begin February Ist…
But implemantation is reported to be over the month OF February….
There are supposted to be exemptions …
Plenty of dancing time for Trump to try and wiggle something out of Canada, China and Mexico….
That will be hard, if not impossible for him….
They ain’t Columbia….
And the reaction IN America and the media should be interesting….
Oh?
How fast will consumer prices JUMP UP????
The stock market has already moved downward….
The news sent the Dow Jones Industrial Average down more than 300 points, or about 0.7%. The S&P 500 traded slightly lower, and Nasdaq Composite was marginally higher. All three major benchmarks were up solidly earlier in the day….
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Together, the U.S. does about $1.6 trillion in annual business with the three countries. Trump is seeking to use the tariffs as both bargaining chips and methods to effect foreign policy changes, specifically the immigration and drug trade issues…
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Economists worry that the tariffs could reignite inflation at a time when it appears price pressures are beginning to abate. The Commerce Department reported Friday that an inflation reading closely watched by the Federal Reserve rose to 2.6% in December, but the details in the report appeared more positive….
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