The Independent provides in-depth reporting on crucial issues, including reproductive rights, climate change, and Big Tech, offering balanced coverage by speaking to all sides. This commitment to factual reporting, exemplified by documentaries like ‘The A Word’, is made possible through donations. Unlike many news sources, The Independent remains accessible to all Americans without paywalls, believing quality journalism should be universally available. The organization relies on reader support to sustain its unbiased and comprehensive coverage.
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This article details the postal codes used across a vast geographical area, encompassing all U.S. states, territories, and several Canadian provinces. The list includes specific locations such as Washington D.C. and Puerto Rico, as well as U.S. military addresses and island territories. Furthermore, it covers a significant portion of Canada, spanning numerous provinces and territories. The provided information is comprehensive, aiming to illustrate the wide range of postal code systems employed in the North American region. Therefore, the purpose is to present a readily-accessible reference of postal code jurisdictions.
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In response to President Trump’s announcement of substantial new tariffs, including a 54% rate on Chinese goods, China’s Ministry of Commerce condemned the action as unilateral and a violation of international trade rules. The ministry vowed to implement resolute countermeasures to protect its interests, citing widespread international opposition to the U.S. policy. Analysts predict the tariffs will negatively impact global growth, with China potentially experiencing a GDP reduction of 0.5-1 percentage point. China’s response is expected to be forceful and potentially extend beyond reciprocal tariffs, targeting U.S. companies operating within China.
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President Trump’s recent Truth Social post proposed using tariffs on Canadian goods to penalize Canada for fentanyl trafficking into the United States. This assertion is widely considered nonsensical, as tariffs are levied on legal goods, and drug smugglers do not typically declare their imports. Multiple commentators expressed bewilderment at this suggestion, highlighting the impracticality and fundamental misunderstanding of how tariffs and drug smuggling operate. This marks at least the second time in 24 hours that Trump has publicly advocated this flawed policy.
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President Trump’s assertion that tariffs could have prevented the Great Depression sparked widespread online ridicule. He incorrectly claimed that a lack of tariffs caused the Depression, directly contradicting the established understanding that the Smoot-Hawley Tariff Act, enacted during the Depression, worsened the economic crisis through trade wars. His new tariff announcement immediately triggered a stock market downturn, further fueling criticism. Experts, including former Labor Secretary Robert Reich, condemned the tariffs as unjustly transferring wealth from working people to the wealthy.
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President Trump is poised to announce a comprehensive overhaul of US trade policy on April 2nd, potentially including across-the-board tariffs of approximately 20% on most imports. While this plan aims to create fairer trade and generate government revenue, alternative approaches are still under consideration. Economists warn that such widespread tariffs could negatively impact economic growth and inflation, potentially sparking retaliatory measures from other nations. The uncertainty surrounding these trade policy changes has already contributed to market volatility and decreased investor confidence.
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European Commission President Ursula von der Leyen stated the EU is prepared to negotiate with the U.S. over impending tariffs but will strongly retaliate if necessary. The EU opposes the announced tariffs on European steel, aluminum, cars, and car parts, and is open to negotiation but possesses a robust plan for countermeasures, including already planned duties on $US28 billion of US goods. This action follows President Trump’s expected announcement of reciprocal tariffs, fueling global trade war concerns. Other countries, including China, Japan, South Korea, and Taiwan are also preparing countermeasures to the potential tariffs.
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Washington has reportedly informed the European Union to prepare for additional tariffs before any trade negotiations can even begin. This preemptive threat of higher tariffs, potentially reaching 25%, throws a significant wrench into any potential diplomatic solutions. The sheer audacity of this approach—to impose further economic pain before even sitting down to discuss the issues—speaks volumes about the current state of transatlantic relations.
This aggressive tactic ignores established agreements and undermines the principles of good-faith negotiations. It’s a clear sign that Washington isn’t interested in a collaborative resolution, but rather in forcing concessions through economic pressure. This “attack first, negotiate later” strategy is deeply concerning and could easily escalate into a full-blown trade war.… Continue reading
Carney’s assessment of the Trump trade war paints a grim picture for American consumers and workers. The imposition of tariffs, intended to protect American industries, has instead resulted in increased prices for everyday goods. This directly impacts consumers, forcing them to pay more for essential items like toilet paper, a point highlighted by the recent discussion regarding tariffs on Canadian wood pulp.
This increase in cost isn’t just an inconvenience; it represents a significant economic burden for many American families. The argument that this is a necessary sacrifice to protect domestic jobs falls flat when considering the broader economic consequences. Tariffs are essentially a tax on American consumers, disproportionately affecting low- and middle-income families who spend a larger portion of their income on essential goods.… Continue reading
New data reveals a clear link between increased tariffs and decreased consumer demand, as demonstrated by the significant drop in Tennessee whiskey exports to the EU during previous trade disputes. The potential re-imposition of tariffs, now impacting over $27 billion in US exports, threatens to severely impact numerous states, especially New York and North Dakota which have a high percentage of exports at risk. This escalation could lead to substantial sales losses for U.S. businesses as EU consumers seek cheaper alternatives. The wide range of affected products, from agricultural goods to manufactured items, underscores the broad economic consequences of this trade conflict.
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