Trump admits Americans could feel ‘some pain’ from his tariffs, but it will be ‘worth the price’
"Therefore, Canada should become our Cherished 51st State. Much lower taxes, and far better military protection for the people of ...
Tag: tariffs and trade
From Canadian ice cream sprinkles to made-in-China breast pumps, US small businesses brace for higher costs under Trump tariffs
The Budget Lab at Yale University estimates Trump's tariffs would cost the average American household $1,000 to $1,200 in annual ...
Trump to hit Canada with 25% tariff on Tuesday, but oil imports will get 10% levy, report says
The US government informed Canadian officials on Saturday that a 25% tariff will go into effect on Tuesday, but oil ...
JPMorgan plans $4 billion US gold delivery amid tariff fears
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Despite Elon Musk’s close ties to Trump, Tesla’s CFO admits the president’s tariffs plan would ‘have an impact on our business and profitability
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Everyone is freaking out about Chinese AI startup DeepSeek. Are its claims too good to be true?
Several voices inside the AI sector suggest the mysterious lab’s reported accomplishments can’t be taken at face value. Read More ...
Trump orders 25% tariff on Colombia after the South American country rejected US military flights carrying deported migrants
Trump explained that he ordered “25% tariffs on all goods coming into the United States,” which would be raised to ...
Trump won’t deliver on maximum tariff pledges, says his former commerce secretary—merely making the threat is enough
EXCLUSIVE: Wilbur Ross, who served as commerce secretary in Trump’s first cabinet, said the president will not have to follow ...
Singapore’s prime minister warns of a ‘third world war’ if U.S. and China force rest of the world to pick sides
Fortunately, Singapore Prime Minister Lawrence Wong thought a full split was unlikely: "I can’t see how a full decoupling can ...
Goldman Sachs soars on Q4 earnings, CEO sounds caution on Trump tariff and immigration plans
Goldman’s profit roughly doubled in Q4 thanks in large part to surging revenues from deal-making, underwriting, and trading. Read More ...
Trump team studies gradual tariff hikes under emergency powers
One idea involves a schedule of graduated tariffs increasing by about 2% to 5% a month. Read More Source link
Canada’s Justin Trudeau advises U.S. consumers to consider how much Trump’s tariffs could hurt them
Trudeau told MSNBC: "No American wants to pay 25% more for electricity or oil and gas coming in from Canada. ...
Canada has counter-tariffs ready if Trump launches trade war, Trudeau says
Canada buys more US-made goods than any other country, according to US Commerce Department export data. Read More Source link
FTC’s Khan urges agency to ‘stay aggressive’ after she goes
A progressive icon, Khan became the youngest person ever to chair the FTC at age 32 after an article she wrote ...
It’s different now: Tariffs can boost U.S. jobs, wages, and the economy, finance professor says
"In this case, tariffs (properly implemented) would have the opposite effect of Smoot-Hawley." Read More Source link
Dollar to stay strong if world keeps ‘shoveling all of its savings’ into US stocks
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Trump tariffs would shrink the federal deficit, but also the economy, CBO says
The CBO estimated that more tariff revenue would help shrink the federal budget deficit by $2.7 trillion from fiscal years ...
CFOs top economic concerns for 2025
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Trump tariffs could leave the US as the relative winner among global economies, Ivy League professor says
"No matter the virtues of these policies, they could end up hurting other countries a lot more than they hurt ...
Trump is set to hike tariffs. Should Southeast Asia be worried?
Countries like Vietnam benefited from Trump's trade war. That could put them at risk in the second round. Read More ...
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