US EditionHow Trump's chaotic trade war has evolved
- President Donald Trump imposed multiple tariffs starting February 1, 2025, including 25% on Mexican and Canadian imports and 10% on Chinese goods, sparking global market uncertainty.
- These tariffs aimed to pressure Mexico and Canada to reduce fentanyl and illegal immigration, while no similar deal was reached with China, leading to expanded tariff measures.
- Trump raised steel and aluminum tariffs to 25%, doubled fentanyl-related tariffs on China to 20%, announced a 10% baseline global tariff, paused many country-specific tariffs on April 9 after market turmoil, and later granted tariff exclusions to electronics.
- On May 12, the U.S. And China agreed to a 90-day tariff truce, cutting U.S. Tariffs on Chinese imports from 145% to 30% and China's on U.S. Goods from 125% to 10%, while fentanyl-related tariffs remained.
- This temporary reduction lowered trade tensions and encouraged financial market gains but maintained key tariffs, indicating that uncertainty in U.S.-China trade relations continues.
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Real Clear Politics
Real Clear PoliticsTen Years and a Hundred Days of Trump
The past decade or more in American politics witnessed a breakdown of the party system. It began invisibly, with the tepid optimism of Obama’s second term and the assurance that we had weathered the effects of the 2007-09 financial collapse, except for some “economic headwinds” after the flood. But the little word “we” never properly denoted all Americans. The truth is that, for many people, the suction of the receding waters never abated. Meanw…
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Total News Sources55
Leaning Left15Leaning Right5Center6Last UpdatedBias Distribution58% Left
Bias Distribution
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58% Left
L 58%
C 23%
R 19%
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