Trump, Tariff and mortgage rates
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Mortgage rates have slowly been sliding downward since reaching above 7% in January, but will President Donald Trump’s sweeping new tariffs reverse that trend?
From Deseret News
"It's our declaration of independence," Trump said at an event in the White House Rose Garden.
From Reuters
President Donald Trump just hiked tariffs by an extra 34 percentage points on those goods.
From Reuters
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Volkswagen, Import Fee
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Volkswagen told its dealers that it would give more details by mid-April on pricing strategies for tariff-affected cars, and plans to begin allocating those vehicles to stores by the end of the month,...
From USA TODAY
The tariffs, which took effect Thursday, represent a “fundamental turning point in trade policy,” said Hildegard Müller, head of Germany’s auto lobby VDA.
From The Spokesman-Review
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12hon MSN
President Donald Trump’s new policies put the effective tariff rate above the level of around 20% set by 1930’s Smoot-Hawley Tariff Act, according to Sarah Bianchi, a strategist at Evercore ISI. An estimate from Fitch Ratings said that the tariff rate would hit its highest level since 1909.
The tax rates for imports came in higher than expected on Wednesday. They’re even more painful because an important mitigating factor has been neutralized . In theory, the tariffs should force the dol
Uncertainty in financial markets pushes bond yields down, but keeps mortgage rates higher than they otherwise would be.
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.
The impact of the new duties on individual supply chains can be calculated from the share of imports by country and the new duty rates applied.
Mortgage rates fell sharply Thursday, following the Trump administration’s tariff announcement, but a huge share of Americans still can’t afford to buy a home.
India's central bank will cut rates three more times this year by 75 basis points as the economy's growth outlook worsens due to import tariffs imposed by the United States, according to Citibank economists.
President Trump unveiled sweeping tariffs that included so-called reciprocal actions on dozens of other countries at very high levels.