Trump tariffs could hike tequila prices — even if they never take effect: report
Trump's threatened tariffs in Mexico are rambling over the country's tequila industry, despite the promised 25% collection still not yet in effect. Tequila's leading producers and retailers have won large stockpiles of agave-based spirits that can only be made in Mexico, but have paid a large storage fee. Reuters reports that they will put on […]
Trump doubles down on reciprocal tariffs: ‘April 2 is a liberating day’
President Trump doubled mutual tariffs and called the April 2nd implementation date “liberating day.” “April 2 is a liberating day for our country,” Trump told Air Force 1 reporters Sunday evening. “We're back to some of the wealth that a very stupid president gave, as the very stupid president didn't know what they were doing.” […]
Tuberville says Trump’s tariffs ‘only shot’ at ‘getting our country back’
Sen. Tommy Tuberville (R-Ala.) said he believes Trump's tariffs on other countries are the “only filming” of “recovering our country.” Tuberville joined John Catsimatidis for his radio show “Cats Roundtable,” where he placed emphasis on the administration's international efforts. “I know people are complaining about these tariffs now, but women and gentlemen, I'll let you […]
Sunday shows preview: Congress avoids government shutdown; Trump tariffs rattle economy
Republicans won a big victory on Friday. The new law will increase defense spending by $6 billion, cut spending outside of that category by $13 billion, and allow lawmakers to keep the government open until September 30th, when the package expires. Sen. Mike Round (Rs.D.) may summarise the debate leading up to the passage of […]
Value over price: How Trump’s tariffs HELP Americans
President Trump's critics have warned about tariffs, but it appears they only look at the fees in terms of the amount. “To some extent you can't blame them because it's true that tariffs can increase the costs of goods and services. But of course, legacy media and President Trump's neocon critics have not done this […]
CNN host scoffs as Rep. Lisa McClain accuses him of ‘fearmongering’ over tariffs
r-mich. Rep. Lisa McClain said CNN host Boris Sanchez, who was disciplined Friday, said he was “fearing” about the impact of tariffs. President Donald Trump's agenda to use tariffs to protect American workers and industries has been received Both positive and negative reactions. The CNN host highlighted the criticism, citing a statement from Ford CEO […]
Newly sworn-in but unelected Canadian Prime Minister Mark Carney continues resistance to Trump tariffs
Liberal Mark Carney has been sworn in as Canada's newest prime minister, despite not being elected after Justin Trudeau's resignation. The 59-year-old runs the Bank of Canada during the 2008 financial crisis and the Bank of England during Brexit, when the country left the European Union. He is currently tasked with running Canada in deepening […]
Tesla warns it’s exposed to retaliatory tariffs on exports amid trade war
Bill Oplinger, CEO of Alcoa Corporation, is Varney & Co. Joining the news that President Donald Trump intends to double tariffs on steel and aluminum imports by 50%. Tesla warns that IT and other US exporters could be hit by retaliatory tariffs as president Donald Trump It imposes taxes on American trading partners. In a […]
Trump tariffs push consumer sentiment to lowest level since 2022
President Trump's escalating trade war has shaking economic confidence among Americans across the political spectrum. Survey results Released on Friday. Preliminary results show that the University of Michigan's Consumer Sentiment Index plummeted from 10.5% to 57.9. This was the lowest level in the index since November 2022, falling to 56.7 amid steep inflation and aggressive […]
Tesla says it is 'exposed' to retaliatory tariffs
Tesla warned US Trade Representative (USTR) Jamieson Greer that electric vehicle companies and other American exporters are “essentially exposed” to retaliatory fees collected in response to people from the Trump administration. “Tesla recognizes and supports the importance of fair trade, but the assessment made by USTR of potential actions to correct unfair trade should also […]