Economist says world ‘will prosper’ from tariff trade negotiations
Art Laffer, a former economic advisor to Reagan, discusses President Donald Trump's claim that the United States has been “twound” by other countries of “Varney & Co.” Former Reagan economic adviser Art Laffer said on Tuesday on “Varney & Co.” Both the world and the US will benefit from President Donald Trump's tariffs and trade […]
Dow jumps over 600 points to end wild week as investors shrug off China’s tariff retaliation
US stocks jumped Friday after the White House optimistically signalled a trade deal with China. This returned early in the morning with a 125% tax on US goods, but ended a very unstable week on Wall Street. The Dow Jones industrial average scored 619 points (1.6%) after plunging 1,014.79 the day before. The Blue Chip […]
Mexico Steps Up: Water Aid for Texas in Response to Trump’s Tariff Menace!
Mexico will advocate for “immediate” water to Texas agricultural producers and aid in safeguarding resources in response to the risks posed by President Trump’s tariffs, Mexican President Claudia Sinbaum revealed on Friday. “For Texas cultivators requesting water, there are specific millions of cubic meters ready for immediate delivery depending on the water availability in Rio […]
US-China tariff battle fuels questions about Trump's endgame
President Trump's escalating tariff fight against China has rattled the global economy and has raised doubts about how the standoffs will end. This week, Trump announced a 90-day suspension on his drastic tariffs on dozens of countries, but he has raised China's import taxes in a staggering way to 145%. China fought back on Friday […]
China escalates trade war against US with 134% tariff hike: ‘It’s become a joke’
The Chinese Communist government did not retreat from the massive tariffs issued by President Donald Trump, and instead slap The United States has a retaliatory tariff of 134%. Trump announced a 90-day suspension on tariffs in other countries, and raised tariffs on China to a total of 145%. World Trade War volatility has led to […]
Walmart, Delta Air Lines face tariff challenges
Larry Kudlow of Fox Business Host discusses the White House's changing strategy for tariff negotiations on “Kudlow.” Walmart pulled out operating profit guidance in the first quarter, but Delta cut its growth plans amid escalation in President Donald Trump's trade war. As the largest private employer in the United States and the dominant force in […]
Sunday Showdown: Trump’s Tariff Turmoil Continues Amidst GOP Budget Battles!
The backlash from President Trump’s new tariff policy continued over the weekend, as his approval ratings dropped and Republicans in Congress worked to advance his domestic agenda. Financial markets experienced a significant decline following the introduction of flat 10% tariffs on all imports, along with steep reciprocal tariffs on numerous countries. However, on Wednesday, the […]
Apple customers scrambling to upgrade iPhones before tariff price hikes kick in: report
Apple customers are reportedly in a hurry to upgrade their iPhones to avoid the expected price hikes pushed by President Trump's tariffs. The looming taxation will collide with a critical portion of Apple's supply chain, including China, where CEO Tim Cook's company still manufactures most of its hardware. Trump has been set to impose a […]
CEO reacts to stock plunge during earnings call amid tariff announcement
RH CEO Gary Friedman responded to the company's inventory after the president announced tariffs and quarterly revenues fell. (Credit: Repair Hardware) The CEO of the furniture company was in the middle of his company's quarterly revenue call on President's Wednesday Donald Trump's The tariff plans were revealed and the executives were caught off guard as […]
Karoline Leavitt Says Administration Already Finalizing First Of Likely Many Tariff Deals
White House press chief Caroline Leavitt said on Fox News on Friday that the tide was in favour of President Donald Trump's economic and trade strategy. “Hannity” host Sean Hannity mentioned over 75 countries “I want to come to the table to deal with it.” “We're told that deal number one has ended. Is that […]