Trump Tariff Policy Could Crush China’s Slave-Linked Temu, Shein Shopping Apps
President Donald Trump's policies could drive increased duties and tariffs on products imported from China, announced Wednesday, experts warned. Shein, who specializes in cheap and inadequate women's clothing, and Temu, who sells clothing, household items and other muddy origins to Americans, both rely on the use of mobile phone apps to instantly access “fast fashion” […]
Some money managers see value amid Trump tariff strategy
Former Home Depot CEO Bob Nardelli and Fox business host Charles Payne join the “American Report” to discuss the impact of President Donald Trump's tariffs when markets around the world became hits. The US market has been declining since President Donald Trump announced mutual tariff policies last week. Despite the market decline over the past […]
Bessent: China tariff retaliation 'a loser for them'
Treasury Secretary Scott Bescent said China's retaliation on Wednesday for the president's trade measures proved to be a poor choice. “They have the most disproportionate economy in modern world history, and you can tell you that this escalation is a loser to them.”Morning with Maria. ” “They have very clever economists, scholars, technocrats in bureaucracy. […]
Amazon CEO warns Americans price of everyday goods will rise from Trump’s tariff push
Amazon CEO Andy Jussy has warned Americans protecting their wallets after President Trump's tariff agenda. Jassy has issued a vague warning to Amazon customers that the world's most popular online retailer faces challenges from the Trump administration's tariff push. Interview with Andrew Ross Sorkin of CNBC on “Squawk Box” On Thursday, he said that taxation […]
Navarro Dodges Tariff Pause Query While Dismissing Insider Trading Claims!
Peter Navarro, a senior trade advisor at the White House, sidestepped inquiries about his presence during the controversial decision to implement a 90-day suspension of country-specific tariffs made on Thursday. Interview conducted by Kasie Hunt from CNN. “Simply put, were you in the room with the President when he made this decision?” Hunt questioned during […]
April 2 will be America’s trade and tariff liberation day
President Trump is going to impose Mutual tariffs to wipe out April 2nd. The move aims to level the arena between American free enterprises and foreign state-sponsored competitors. “April 2 will be America's liberation day,” the president said. I hope he literally means that. Instead of building it, America is buying the future. The Day […]
Core inflation rises ahead of Trump tariff announcement
The Federal Reserve's preferred inflation gauge was stable with an annual increase of 2.5% in February, with “core” prices excluding food and energy jumping to an annual increase of 2.8%. Advances in the headline's personal consumption expenditure (PCE) price index were consistent with analysts' expectations, but the core growth was slightly hotter than expected, increasing […]
GOP lawmaker says tariff power should be with Congress, not president
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Flight bookings between Canada and US down 70% amid Trump tariff war | Air transport
Airline travel between Canada and the US has “collapsed” amid Donald Trump's tariff war, with flight bookings between the two countries bookings over 70%. According to data from an aviation analysis company oagAviation capacity between Canada and the US will decline until October 2025, with the largest reductions occurring between July and August, which is […]
UAW praises Trump’s 25% tariff on auto imports
Fox Business contributor Katrina Campins joins the Big Money Show to comment on the sentiment surrounding President Donald Trump's looming tariff plans. United auto workers on Wednesday praised President Donald Trump's new tariffs on car imports, calling it a “winner for automakers.” In a statement, UAW, one of the largest US labor unions, said Trump's […]