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Tariffs Explained: Trump's Import Plans Are Always Changing, Here's What It All Means [CNET News]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
April has seemingly become the month when everyone everywhere has reckoned with the realities of President Donald Trump's plan to impose widespread tariffs on imports from almost every country. Threatened since his 2024 campaign and begun in earnest earlier in the year, the president laid out a much broader import tax plan on April 2, but only hours after the biggest tariffs were set to take effect, a 90 day pause was put on some of them, and several days after that, smartphones and laptops were given other exemptions , creating even more uncertainty. This all came after a week of historic stock market plunges and volatility following the president's import tax policy reveal. Some experts dubbed the tariffs " worse than the worst-case scenario " and prompted even the most ardent Trump supporters on Wall Street to sound the alarm. For many people, one of the most alarming aspects of Trump's tariff policies was the so-called "reciprocal" tariffs, which were meant to go into effect
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