Chamber of Commerce asks for tariff exclusions, warns of recession
The U.S. Chamber of Commerce raised concerns about the recession on Wednesday asking the Trump administration to exempt tariffs on certain businesses and products. “This Chamber of Commerce hears every day from small business owners who see their capabilities at risk due to recent increases in tariff charges,” said Suzanne Clark, president and CEO of […]
US Chamber of Commerce urges Trump admin for tariff exclusions for small businesses
Forbes media chairman Steve Forbes analyzes how President Donald Trump's announcement of mutual tariffs means “final lines” for American companies. In a new letter to the Trump administration, the U.S. Chamber of Commerce warned that small businesses need automatic exclusion from tariffs that could undermine their ability to survive. The Chamber of Commerce on Thursday […]
XAU/USD: Gold Stays Off Record Highs as Markets Anticipate Good News on US-China Tariff Talks – TradingView
Key Points: Gold is nearly $3,300, away from record highs Trump says xi called, China says yes Traders are waiting for clarity before the next gold move Trump said he began trade negotiations with Xi Jinping after the Chinese leaders squealed him. However, Beijing said that didn’t happen. What now? 🥇 A gold stall below […]
Trump confident in tariff deal with China: ‘That’s gonna be it’
FOX Business’ Grady Trimble provides details on the impact of a potential tariff deal with China as President Donald Trump touts … source
Trump floats income tax cut to ease tariff impact
President Trump raised a new income tax cut on Sunday as a way to mitigate the impact of his drastic tariffs. “If tariffs are cut, it could significantly cut income taxes for many people and perhaps completely eliminate them,” Trump wrote in a post on his true social platform on Sunday. “The focus will be […]
U.S. and China continue tariff fight
Oklahoma State University professor Sunderesh Heragu joins LiveNOW’s Austin Westfall to discuss the evolving economic … source
Washington Post offers cautious praise for Trump possibly cooling tariff fight
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Trump say Xi called him amid conflicting reports on US-China tariff talks
Did they do it or didn’t? President Donald Trump told White House reporters on Friday “multiple times” with Chinese President Xi Jinping, but he refused to tell them whether those communications have happened since imposing strict tariffs on communist countries. In search of details of these communications, Trump replied, “We’ll let you know at the […]
Shein, Temu hike prices to offset 120% Trump tariff slated to take effect next week
Shane and Tem’s favorite t-shirts, dresses and cheap appliances have become more expensive due to President Trump’s tariffs. On Friday, the Chinese web retailer hiked prices to offset the 120% tariffs that the items would be eligible for the May 2nd DE Minimis exemption. The two patio chairs listed on Temu’s site were marked up […]
Reeves highlights importance of EU trade to Britain before US tariff talks | International trade
Rachel Reeves said that the UK’s business relationship with the EU is “undetectedly even more important” than that of the US. Speaking in Washington, the British prime minister told the BBC she wanted to see a trade barrier with the US fall. However, she also highlighted how hard the government is working to improve its […]