Trump, tariffs
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America’s love for coffee has made the dark brewed beverage the most popular drink in the country. Here’s a look at US coffee-drinking habits and why your cup of coffee could be more expensive very soon,
The average effective tariff rate has been around 16%, Morgan Stanley Wealth Management calculates, 5 times higher than the past average of 3%.
President Donald Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties in two weeks, ramping up his push to reshape the US’s standing in the global trading system by penalizing purchases from abroad.
The Trump administration is imposing a substantial tariff on a raw material that is critical for electric vehicle batteries, which could significantly raise the cost of building EVs in the United States.
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World Politics Review on MSNTrump’s Tariff ‘Letter Diplomacy’ Is a Sign of DesperationTrump's tariff letters appear to make the process of diplomacy public and therefore transparent. But there are other reasons why he is posting them. The post Trump's Tariff ‘Letter Diplomacy' Is a Sign of Desperation appeared first on World Politics Review.