{"id":62644,"date":"2018-03-07T00:09:35","date_gmt":"2018-03-07T05:09:35","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=62644"},"modified":"2018-03-06T23:57:20","modified_gmt":"2018-03-07T04:57:20","slug":"goldman-sachs-rips-into-trumps-tariffs-plan","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2018\/goldman-sachs-rips-into-trumps-tariffs-plan.html","title":{"rendered":"Goldman Sachs Rips into Trump\u2019s Tariffs Plan"},"content":{"rendered":"<p>(Bloomberg) Goldman Sachs Group Inc. delivered a comprehensive critique of Donald Trump\u2019s planned metal tariffs, saying they risk damaging the world\u2019s biggest economy by raising costs just as price pressures build, hurting allies more than others, and creating a two-tier global market.   \u201cImport tariffs make the U.S. less competitive by raising the prices of raw materials,\u201d the New York-based bank said in a report received on Tuesday. It added: \u201cBy imposing across-the-board tariffs to all steel and aluminum imports, the larger economic impact is on Canada, Mexico and the EU, and it ironically eases the economic impact to China and Russia.\u201d<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-03-06\/goldman-says-trump-tariffs-ultimately-damaging-to-u-s-buyers\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Goldman Sachs Group Inc. delivered a comprehensive critique of Donald Trump\u2019s planned metal tariffs, saying they risk damaging the world\u2019s biggest economy by raising costs just as price pressures build, hurting allies more than others, and creating a two-tier [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-62644","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=62644"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62644\/revisions"}],"predecessor-version":[{"id":62645,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62644\/revisions\/62645"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=62644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=62644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=62644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}