Trump doubles down on tariffs threat amid market downturn
President Trump has doubled his widespread tariff threat despite stock market slump, which helped fuel anxiety. Trump escalated TAT's TIT with Canada on Tuesday. The card screw turning seemed to elicit a response. Ontario Prime Minister Doug Ford retreated from the threat that day. Before Ford overturned himself, the White House touted its tariff strategy […]
House Republicans pass bill to avert government shutdown
The House on Tuesday passed a funding bill to avoid government shutdown over the weekend and tees measures to consider in the Senate. The Chamber of Commerce cleared the continuing resolution (CR) mainly with 217-213 votes from the party lineage. Rep. Thomas Massey (r-ky.) was the only GOP “no” vote. The law will fund the […]
Texas official on Chinese tariffs: Running into 'little rough spell' is 'fine'
Texas Agricultural Commissioner Sid Miller said farmers may have “a little rough spell” under President Trump's new tariff policy with China, but demographics must be “great” in the long run. “Donald Trump told me he loves his family farmers. 95% of US farming is done by family farmers. He's not going to let them go […]
Nebraska Legislature approves measure classifying gig economy workers as independent contractors
Nebraska Legislature has approved the action Classify some gigs According to its website, economic workers as independent contractors. Introduced by Senator Bob Hallstrom, LB 229 was approved Monday, with 33 votes in favor of 15 against it. Under this measure, ride service drivers and some delivery drivers will become independent contractors through state law. Nebraska […]
House GOP tees up final vote on bill to avert shutdown
House Republicans advanced the bill on Tuesday, avoiding government shutdowns at the end of the week and filed a final vote on the law later that day. The Chamber of Commerce voted 216-214 to adopt rules governing the legal debate for Mike Johnson (R-La.)'s ongoing solution. The measure will maintain funding on the government until […]
Doug Ford on additional Trump tariffs: Canadians will 'not back down'
Ontario Premier Doug Ford, during an interview that Canada “will not retreat,” he fought back against President Trump following his latest pledge to double tariffs on steel and aluminum, calling on his commander to focus on China on behalf of his Northern US neighbors. “We won't back down. We'll be relentless. President Trump apologises to […]
Small business optimism falls at fastest pace in 5 years: NFIB
With the stock market falling and business outlook, the optimism of small and medium-sized businesses is shaking as the stock market falls. The National Federation of Independent Businesses (NFIB) Optimism Index, which measures the sentiment of small business owners, fell 2.1 points in February. The group's uncertainty index registered the second highest reading ever. 12% […]
Trump to increase steel and aluminum tariffs on Canada in response to electricity surcharge
President Trump said Tuesday that his administration will increase planned steel and aluminum tariffs on Canada in response to the electricity surcharge imposed by the Ontario government in the latest escalation of the growing trade war. The Trump administration plans to impose a full 25% tariff on steel and aluminum on Wednesday, but Trump told […]
Bags fly free no more: Southwest Airlines to end free checked luggage policy
Austin (kxan) – Southwest Airlines will no longer allow bags to fly freely. The airline announced Tuesday that it will begin billing customers to check their packages in May. The airline will continue to offer two free check bags for quick rewards, as well as passengers flying A-List priority members and business-selection fares. A-list members […]
US-Canada products are 99 percent tariff-free: Canadian ambassador to US
Canadian US ambassador Kirsten Hillman said Monday that 99% of products traded between the two countries were without tariffs. “Between Canada and the US [U.S.-Mexico-Canada agreement]The deal negotiated under President Trump in Canada and the US's first term of office is 99% free of tariffs, “Hillman told News Nations.”Cuomo“A few hours after meeting Mark Carney, […]