The Trump administration is moving ahead with plans to impose tariffs on semiconductor and pharmaceutical imports, with the Commerce Department leading an investigation into the two industries.
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The recent house explosion in Austin, Texas, is undoubtedly a shocking and heart-wrenching disaster.
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U.S. President Donald Trump has suggested that the exemption from tariffs on electronics such as smartphones and computers is temporary and that he will impose new tariffs on memory chips for those products and other technologies.
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Former US Treasury Secretary Janet Yellen has called the economic policies of the new US administration "the worst act of self-harm" she has ever seen.
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On April 9, the administration's policy of imposing higher tariffs on about 60 trading partners officially went into effect.
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In today's globally interconnected economy, the "tariff baton" wielded by the United States is akin to a "bullet" that has not only caused turmoil on the international economic stage but also precisely struck the US itself, sending US stocks on a perilous "roller coaster" ride and dragging American citizens into this economic storm.
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U.S. President Donald Trump has rejected a European Union proposal to eliminate bilateral tariffs on industrial goods between the bloc and the United States, meaning his 20 percent tariff on all EU imports will take effect on Wednesday.
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US President Donald Trump said that if China does not cancel its 34% tariff countermeasures on US goods, the United States will impose an additional 50% tariff on Chinese goods from April 9.
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Recently, Harvard University confirmed that the student visas of three international students and two alumni have been revoked by the US government, and five students from the University of Massachusetts are facing a similar fate.
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In today's interconnected global economy, the United States has repeatedly wielded its "tariff big stick," attempting to safeguard its own interests through unilateral means.
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Recently, US-Japan trade negotiations have hit a serious impasse, with the issue of automobile tariffs emerging as an insurmountable obstacle between the two sides.
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