Tariffs aren’t just taxes — they’re national defense
It's easy to laugh at Europe to rely on US defense, but we are facing the same predicament. Outsources important elements of military weapons overseas. Trump's tariffs may help bring them back home. Tariffs are not simply a way to repatriate and rebuild American industrial power. It is also a tool to rebuild America's military […]
Wine enthusiasts stockpile wine to ‘beat the tariffs’
The threat of 200% tariffs on wine starting on April 2nd has been stockpiled by some Oenofiles as suppliers and importers warn of delays and possible shortages. “Everyone wants to stock up. 'We're watching The Tariffs 'Shopping',” the co-founder of Josh Cohen told me. For the past few days, patrons who usually stop by to […]
Trump remains cold to tariffs deal after Wall Street tantrum: sources
Plans to end stock market tariff tantrums are circulating around the outside parameters of the Trump world that money has learned. The idea emerged in the sharp market sales last week. This includes universal transactions that resolve tariff disputes with the largest trading partners in Mexico, Canada and Europe. The first two are our biggest […]
President Trump tariffs: Canada & China retaliate | LiveNOW from FOX
Starting just past midnight, imports from Canada and Mexico are now to be taxed at 25%, with Canadian energy products subject … source
US booze importers cancel European wine shipments — and brace for devastating losses — as Trump tariffs loom
US liquor importers are cancelling cargo from Europe and paying potentially catastrophic losses as President Trump threatens 200% higher tariffs that could take effect next month. The US Wine Trade Union, which represents around 6,000 retailers and wholesalers, said President Trump's threat of slapping 200% tariffs on European alcohol had a calm effect, with some […]
EU Delays Tariffs On America To Allow More Time For Negotiation With Trump
The European Union postponed its decision to impose tariffs on US exports leading up to mid-April, reassessing their strategy and allowing additional time to determine which products will be affected. Earlier this year, the European Commission I agree The company plans to expand this to 18 billion euros by April 13th, in order to revive […]
Trump considers extending Chevron license in Venezuela, more tariffs: report
President Trump is considering an effort to extend Chevron's license to pump up Venezuela's oil and slap other countries trying to do business in the South American country with fresh tariffs. Trump ordered the US oil giant to step down from his operation in Venezuela earlier this month, but during a White House meeting with […]
EU to delay retaliatory tariffs on US whiskey, other exports
The European Union will delay exports to the trade zone in response to the imposition of tariffs on US exports, a measurement released in February by the White House by the White House, which is a measure that will be released in February, as part of an overhaul of US trade policy. The EU had […]
EU retaliatory tariffs against US delayed to mid-April
American distilleries are warning consumers of the economic domino effect as other countries are beginning to place retaliatory tariffs on the US beverage industry. The European Union (EU) delayed the imposition of its first retaliatory tariffs on the United States until mid-April. President Donald Trump Earlier this month it threatened a 25% tariff increase on […]
Fed keeps rates unchanged as Trump tariffs, economic concerns loom
The Federal Reserve stabilized interbank lending rates in the 4.25-4.5% range on Wednesday despite indications that the economy may be heading for a slowdown. The decision to keep the fees where they were was in line with market expectations. The CME FedWatch prediction algorithm based on futures contract prices will stabilize the Fed with a […]