Trump sets 25% tariff and extra penalties on India for buying Russian oil and military gear.
Trump Imposes Tariffs on India On July 30, 2025, President Donald Trump revealed plans for a substantial 25% tariff on India, spurred by the country’s engagement with Russia for oil purchases. This decision is likely to lead to additional tariffs in the near future. In a post on Truth Social, Trump expressed his dissatisfaction with […]
Deadline for important countries to meet Trump’s August 1 tariff won’t be pushed back.
President Donald Trump issued a strong warning regarding his August 1 deadline for signing a trade deal with the U.S., emphasizing it wouldn’t be extended. He also indicated that major tariff increases were possible for several key countries. “The August deadline is a hard deadline. It’s something significant for America!” Trump expressed in a tweet, […]
Trump warns India of a 25% tariff and additional ‘penalty’ for purchasing Russian energy.
Trump Threatens Tariffs on India WASHINGTON – On Wednesday, President Trump indicated plans to levy a 25% tariff on imports from India starting Friday. Despite referring to India as a “friend,” Trump expressed frustration over the country’s elevated tariffs on U.S. goods and certain non-monetary trade hindrances that he found “uncomfortable.” “They also consistently purchase […]
Trump Indicates He Is Monitoring a 20-25 Percent Tariff on India
Trump Considers Tariff on India On Tuesday, President Donald Trump hinted he might impose a 20-25% tariff on imports from India. While traveling on Air Force One from Scotland back to the US, a reporter inquired whether Trump was “tracking” India’s tariffs in that range. “Yeah, I think so,” he replied. When asked about the […]
U.S. and China Continue Tariff Pause, Awaiting Trump’s Decision
Trade officials from the US and China wrapped up their third round of negotiations in Stockholm, Sweden, on Tuesday, with a commitment to sustain the current “tariff ceasefire”—pending President Donald Trump’s approval. “We’re heading back to Washington, DC, and will discuss with the president whether that’s his direction. Ultimately, he makes the decision,” remarked US […]
These countries lack trade agreements with Trump before the August 1 tariff deadline.
President Trump is likely to impose sudden tariffs on several major trading partners if new trade terms are not agreed upon by August 1. On Monday, Trump suggested that countries unwilling to engage in business with the US could face tariffs ranging from 15% to 20%. “We’re looking at setting tariffs around the world. That’s […]
Senator Hawley suggests a $600 refund for Americans financed by tariff income
Senator Josh Hawley Proposes Rebate Bill On Monday, Missouri’s Senator Josh Hawley introduced a new bill aimed at providing a financial boost to eligible Americans. This proposal offers a $600 payment to adults and their dependent children, which could total $2,400 for a family of four. The legislation, named the 2025 American Workers Rebate Act, […]
Trump ought to maintain the ‘zero-to-zero’ tariff approach on drugs.
President Trump has struck a trade deal with the European Union, which includes a 15% tariff on most goods. However, it’s important to note that drugs are excluded from this deal, as an ongoing investigation in the U.S. continues. EU officials are optimistic that when everything settles down, drug tariffs will likely remain below 15%. […]
Proposed tariff refunds: What would be their function?
If you’ve been hoping for another stimulus check since the last Covid relief payments back in 2021, there might be some good news for you. Sen. Josh Hawley (R-Mo.) has put forward a bill proposing a “custom rebate” aimed at helping “hard-working Americans” benefit from the wealth generated by tariffs imposed during the Trump administration. […]
Josh Hawley’s proposal would provide $600 to millions of Americans funded by tariff income.
Late Monday, Senator Josh Hawley introduced a new bill that offers a $600 tariff rebate to millions of American workers and families. This initiative comes shortly after President Trump suggested a similar idea. “Americans deserve tax refunds after four years of Biden policy that ruined family savings and livelihoods,” Hawley stated. “My legislation will let […]