Trump says Trudeau ‘trying to use’ tariff fight ‘to stay in power’
President Trump said Canadian Prime Minister Justin Trudeau was trying to use an escalating trade war as a way to stay in power after two leaders spoke about Trump's newly implemented tariffs on Wednesday. “Justin Trudeau of Canada called me to ask what he could do about the tariffs. I told him that a lot […]
Goldman Sachs highlights tariff wars winners and losers
First Trust Advisors LP Chief Economist Brian Wesbury will discuss whether Trump's tariffs will affect Varney & Co's inflation. president Donald Trump's Newly implemented tariffs and additional tariffs under consideration disrupt trade relations and industries rush to respond to the higher costs brought by import taxes. Trump's tariffs are enforced on products from Canada, Mexico […]
Tariff Exemptions Possible for Mexico, Canada, Says Commerce Secretary
President Donald Trump is scheduled to announce drastic changes to tariffs imposed on Mexico and Canada on Wednesday, Commerce Secretary Howard Luttonick said. The administration may exempt certain items from 25% tariffs from certain items, including vehicles that meet US Mexico and Canada Agreement (USMCA) standards. In an interview with Bloomberg TV, Lutnick said President […]
Defense Secretary Pete Hegseth says US is ‘prepared’ to go to war with China over tariff threats
Defense Secretary Pete Hegses declared early Wednesday that he was “ready” for a war with China just hours after the US surprised the threat from Beijing in response to President Trump's harsh new tariffs. “We're ready,” Heggs said on Fox News' Fox and Friends, “the kind of war” and “there are ready to fight.” “Those […]
Autoworkers union cheers Trump's 'aggressive' tariff actions
The United Autoworkers (UAW) union said it supported President Trump's tariffs on Tuesday and provided full support for “aggressive” actions attempting to change past trade agreements with neighboring countries. “Taxes are a powerful tool in the toolbox to cancel fraud in anti-worker trade transactions,” the union wrote: Tuesday's statement. On Tuesday, the Trump administration imposed […]
President Trump’s tariff timeline: What to know
President Trump's first months in office have been filled with drastic economic policies that overturn the norms of international trade agreements with countries including China, Mexico and Canada. Tariffs from neighboring allies were imposed on Tuesday, prompting each Trump counterpart to introduce mutual measures in the form of a global domino effect. Here is the […]
Ontario premier hopeful tariff fight will end in days
Ontario Prime Minister Doug Ford said he hopes the tariff battle between the US and Canada will end within days. “I hope it will stop within the next few days…and I'm not just saying that,” Ford told News Nation's Blake Berman on “Hill” Tuesday. “It's an absolute disaster for both countries, people will be unemployed, […]
Lutnick: Trump may announce tariff compromise with Canada, Mexico on Wednesday
Commerce Secretary Howard Lutonic said he may announce a compromise between Canada and Mexico the day after President Trump imposed a 25% tariff on two neighboring countries. Lutonic He told Fox Business He spoke to Canadians and Mexicans on the phone on Tuesday, and both countries told him, “They'll do better.” “I think he'll work […]
Treasury Secretary Scott Bessent shrugs off Wall Street’s Trump tariff ‘selloff’
Treasury Secretary Scott Bescent has dismissed concerns about Trump's tariff sales on Wall Street after the White House declared a trade war with Canada, China and Mexico that surprised investors. Bescent said Fox and friends The commander's top priority is to live the standard of living of ordinary Americans despite market concerns over his move […]
Wall Street Journal knocks Trump over ‘dumbest tariff plunge’
The Wall Street Journal editorial board on Monday denounced President Trump, calling plans to call other countries that would call tariffs “the stupidest tariff entry.” board, editorial Trump, released Monday, noted that he often likes to call the stock market an economic indicator of his policies being successful. They also wondered what he thought of […]