Trump Tariffs and Shrinking GDP Raise Political Stakes
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Trump Tariffs and Shrinking GDP Raise Political Stakes

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump took office 101 days ago after a campaign in which voters bought his argument that he could skillfully manage the economy and that his policy prescriptions could both bolster growth and eradicate inflation. So the news on Wednesday that the nation’s…

Trump’s Tariffs Lead Japan to Slash Its Economic Growth Forecast
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Trump’s Tariffs Lead Japan to Slash Its Economic Growth Forecast

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The growing list of major economies warning of weaker growth because of U.S. tariffs has a new member. The Bank of Japan said on Thursday that it expects the Japanese economy to grow 0.5 percent in the fiscal year that started on April…

Mercedes-Benz and Volkswagen Facing Uncertainty With Tariffs
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Mercedes-Benz and Volkswagen Facing Uncertainty With Tariffs

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines European carmakers, including Mercedes-Benz, Stellantis and Volkswagen, said Wednesday that the chaos and upheaval caused by the tariffs introduced by President Trump had left them struggling to assess the impact and unable to plan for the future. After years of sluggish demand and…

Chinese Factories Slow in Early Sign of Trade War’s Toll
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Chinese Factories Slow in Early Sign of Trade War’s Toll

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump’s tariffs are already taking a toll on China’s factories. Three weeks into a trade war that pushed import tariffs of Chinese-made goods to 145 percent, an official report on manufacturing activity signaled that in April, Chinese factories experienced the sharpest monthly…

Canada Election Results: Mark Carney and the Liberal Party Fall Short of Majority
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Canada Election Results: Mark Carney and the Liberal Party Fall Short of Majority

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Prime minister Mark Carney of Canada and his Liberal Party narrowly failed to win a majority of seats in Parliament in Monday’s election, and will need help from smaller parties to pass legislation and pursue a challenging agenda, including confronting President Trump’s economic…

White House Attacks Amazon Over Idea of Showing Tariffs’ Cost
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White House Attacks Amazon Over Idea of Showing Tariffs’ Cost

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines There’s a fresh spat brewing between the White House and Amazon. Karoline Leavitt, the White House press secretary, on Tuesday accused the online retail giant of being “hostile and political,” citing a report — disputed by Amazon — from Punchbowl News saying that…

Trump’s Tariffs Put China’s E-Commerce Superpowers to the Test
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Trump’s Tariffs Put China’s E-Commerce Superpowers to the Test

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Follow live updates on the Trump administration. The auditorium at Alibaba’s headquarters was packed with attendees, leaning against the wall and squeezing onto the stairs. Hundreds of Chinese small-business owners listened raptly as a stream of representatives from Alibaba, the Chinese online shopping…

G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
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G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created by President Trump’s trade policies, the automaker said on Tuesday. The Trump administration imposed a 25 percent tariffs on imported cars this month…

Canada Election: What to Know About Mark Carney and Liberals’ Win
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Canada Election: What to Know About Mark Carney and Liberals’ Win

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Prime Minister Mark Carney led his Liberal Party to a narrow victory in Canada’s pivotal election on Monday, securing a fourth term in power for the party and a renewed mandate to lead the fight against President Trump over trade and the nation’s…

Why the Economic Disruption From Trump’s Tariff War Will Be Hard to Reverse
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Why the Economic Disruption From Trump’s Tariff War Will Be Hard to Reverse

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump has made clear his intent to smash the reigning global economic order. And in 100 days, he has made remarkable progress in accomplishing that goal. Mr. Trump has provoked a trade war, scrapped treaties and suggested that Washington might not defend…