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President Trump is preparing to announce another big round of tariffs Wednesday. He argues that import taxes help to protect U.S. producers from foreign competition.
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Tariffs are roiling stock markets — but making gold hotter than ever.
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Goldman Sachs raised the probability of a U.S. recession to 35%, up from 20%. Mark Zandi, chief economist at Moody's Analytics, talks with NPR's Michel Martin about the direction of the economy.
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Investors are bracing for more turbulence, as President Trump prepares to unveil a new set of tariffs on Wednesday.
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Economic uncertainty is roiling the stock market. But the price of gold, traditionally seen as a safe haven, is hitting an all-time high.
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The World Trade Organization has long served as the referee for global trade disputes. But recently, it has been sidelined by the U.S. and others. So who referees the trade wars now?
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Consumers are growing more cautious about the U.S. economy, in the face of stubborn inflation and looming tariffs.
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The World Trade Organization has long served as the referee for global trade disputes. But recently, it has been sidelined by the U.S. and others, which means there's no referee to mediate the trade wars.
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President Trump says a 25% tariff on cars and auto parts will bring more auto manufacturing jobs to the United States. Jim Ross, the mayor of Arlington, TX, a city with a large General Motors auto assembly plant, says it will likely do the opposite.
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Reaction to President Trump's plan to slap a 25% tariff on imported cars has been mixed. Unionized autoworkers are cheering, but investors who own stock in auto-makers are considerably less enthusiastic.
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President Trump is ordering a 25% tariff on all imported cars, beginning next week. The move is intended to boost domestic auto production. But it will likely also make it more expensive to buy a new car.
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President Trump announced new tariffs of 25% on imported autos. The move is intended to encourage auto manufacturers to build factories in the United states.