US Trade Deficit Widens Significantly Ahead of Trump Tariffs

Newsweek

Summary

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With no clear indication of U.S. tariff decisions, Morgan Stanley now expects only one rate cut worth 25 basis points in 2025 compared to its previous view of two rate reductions through the year.
Asianet Newsable
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As President Donald Trump begins imposing tariffs on imported goods, some experts question revenue expectations — including the possibility of replacing the federal income tax.
CNBC
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Over the weekend, Trump announced fresh duties on the United States' three biggest trading partners in goods -- Canada, Mexico and China -- before reaching deals with Canada and Mexico to halt the levies for a month as talks continued.
International Business Times
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He accuses them of endangering American interests and, starting on February 4th, will subject them to tariffs that are far more harmful than those he imposed in his first term.
Hindustan Times

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