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Ross, who was one of a handful of initial cabinet members in Trump’s first administration who kept their position for the entire four-year term, said he advocated for such exclusions when he advised Trump on tariff policies.
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Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.
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Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
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“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”
Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.
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Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
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Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.
2025年4月30日 15:33
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Trailer trucks queue to cross into the United States at the Otay Mesa Port of Entry in Tijuana Mexico November 27 2024. Jorge Duenes/Reuters New York CNN — blacksprut Since President Donald Trump won the election in November businesses across the globe have been bracing for higher tariffs — a key Day One promise the president made. But over a week into his presidency Trump has yet to enact any new tariffs. блэк СЃРїСЂСѓС‚ That could change come 11:59 p.m. ET on Saturday — the deadline Trump set for when he says he will slap 25 tariffs on all Mexican and Canadian goods and a 10 tariff on all Chinese goods. The tariffs he said will be imposed as a way of punishing the three nations which Trump claims are responsible for helping people enter the country illegally and supplying fentanyl consumed in the US. Speaking to reporters from the Oval Office on Thursday Trump said he meant business especially with his tariff threats on Mexico and Canada. White House Press Secretary Karoline Leavitt also confirmed on Friday that Trump will levy the 10 tariff on China on Saturday. blackspfgh3bi6im374fgl54qliir6to37txpkkd6ucfiu7whfy2odid.onion Should these threats be believed? Yes and no said Trump’s former Commerce Secretary Wilbur Ross. СЃРїСЂСѓС‚ onion https://blackspfgh3bi6im374fgl54qliir6to37txpkkd6ucfiu7whfy2odid.org The threat of blanket tariffs is likely being overstated Ross said in an interview with CNN. “There probably will be exclusions because there are some goods that just are not made here will not be made here and therefore there’s no particular point putting tariffs on.” Ross who was one of a handful of initial cabinet members in Trump’s first administration who kept their position for the entire four-year term said he advocated for such exclusions when he advised Trump on tariff policies. blacksprut2rprrt3aoigwh7zftiprzqyqynzz2eiimmwmykw7wkpyad.onion
2025年4月29日 22:19
President Donald Trump speaks to reporters at the White House in Washington DC on January 30. Chip Somodevilla/Getty Images CNN — Just about everyone thought it was a bluff. Top analysts from the biggest banks on Wall Street said it was highly unlikely. Stocks were trading like it wouldn’t happen. Some companies built contingency plans but they weren’t exactly rushing to make changes. bs2best at But the tariffs are coming — in full force. President Donald Trump announced Saturday that a massive 25 tariff on all goods from Mexico and most imports from Canada will go into effect Tuesday. An additional 10 tariff on Chinese goods will be enacted the same day. Trump in a message posted on Truth Social Sunday said “We don’t need anything they have. We have unlimited Energy should make our own Cars and have more Lumber than we can ever use.” But America’s supply chains are reliant on its trading partners and even for goods that could be grown or produced exclusively in the United States the complex web of interconnected global trade cannot easily be unwound. блэкспрут ссылка So the additional costs on foreign-made goods will be paid by American importers who typically pass those costs onto retailers who pass them onto inflation-weary consumers. That means prices will rise — although for most items not immediately. Businesses’ profits will be squeezed as they bear the cost burden of the tariffs or pay to adjust their carefully constructed and at times inflexible supply chains. That’s why stocks on Monday were set to tumble. Dow futures were more than 600 points or 1.3 lower. S&P 500 futures sank 1.5. and Nasdaq futures were 1.7 lower. Globally stocks fell too. Major European indexes were down across the board and Asian markets closed sharply lower. Bitcoin and other cryptos tumbled brought down by growing fears of a recession. The US dollar rose sharply. Energy costs surged: US crude oil rose 2.3 and natural gas spiked 7. Despite a lower 10 tariff on Canadian electricity natural gas and oil exports to the United States the energy industry said it will not be able to quickly or easily find alternate sources. Diesel and jet fuel costs in particular will rise according to Angie Gildea the US energy sector lead at accounting firm KPMG adding costs to all shipped goods and air travel. blacksprut com https://blacksprut2rprrt3aoigwh7zftiprzqyqynzz2eiimmwmykw7wkpyad.com “Any infrastructure upgrades would not happen overnight” Gildea told CNN. “Tariffs on Canadian oil would increase costs for US refiners leading to price hikes for consumers.” Auto industry stock futures were particularly hard-hit because virtually all American-made cars are manufactured at least in some part in Mexico or Canada — what was a free-trade zone. GM GM fell more than 6 Jeep and Chrysler maker Stellantis STLA was down 5 and Ford F fell more than 3.
2025年4月29日 17:31
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2025年4月29日 16:21
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2025年4月29日 09:43
<b> Description: </b>
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