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Trump's Proposed Tariff Hike On Imports Slammed By Mike Pence: A 'Middle-Class Tax Increase' That Will Increase Inflation At 'Worst-Possible Time'
Thursday, September 21, 2023 - 9:18pm | 758Former Vice President Mike Pence has voiced strong opposition to the proposed 10% tariff on imported goods by Donald Trump, labeling it as a “middle-class tax increase.” What Happened: CNBC reported that Pence, who is also running for the Republican presidential nomination, released a...
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Apple Lowers Revenue Expectations As China's Market Slows
Friday, January 4, 2019 - 10:08am | 1095Among news of poor performance in the Chinese economy, one of the most distressing signals for foreign retailers and manufacturers is Apple's (NASDAQ: AAPL) announcement on Wednesday that the company had reduced revenue expectations due to poor iPhone sales in China. Revenue projections...
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Mid-Terms: Can Democrats Change Trump's Trade Policies? Experts Are Divided
Tuesday, November 6, 2018 - 10:12am | 1252Trump's tariffs have had a considerable impact on currency markets. If Democrats win the House, can they impact this topic? Experts are divided on the potential impact of Congress on Trump. The Trump Administration slapped tariffs on the EU, on America's North American partners, and...
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Gold's Story Isn't Over Yet
Tuesday, September 18, 2018 - 11:58am | 578After a brief bounce mid-way through August, the Street’s enthusiasm for gold has waned. Seemingly, so has the market’s fear of what impact tariffs on an additional $200 billion in Chinese goods might mean for the U.S. and global currency market. While such trade escalations between the...
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Trump To General Motors: Make Cars In The US Or Pay Big Border Tax!
Tuesday, January 3, 2017 - 9:43am | 491President-elect Donald Trump has taken to Twitter once again to convey another warning to an American company: produce in the United States or pay big border taxes. After previously blasting Boeing Co (NYSE: BA) over the high manufacturing cost of the next generation of Air Force One...