CNBC reporter torches Trump’s ‘insane’ tariffs ‘at risk of my job’
CNBC's Steve Reesman stiffened Trump's strict tariffs as “madness” after rants that he claimed he had gotten a job with the network. A longtime business journalist on Tuesday was torn by Trump after the president threatened to hike tariffs on Canada's aluminum and steel imports, unless his neighbor agreed to become the “51st state” before […]
Canada announces retaliatory tariffs on nearly C$30bn worth of US imports | Trump tariffs
Canada announced retaliatory tariffs on US imports worth around $30 billion after the tariffs on US tariffs and aluminum imports came into effect Wednesday. The Canadian government has said it will follow a “dollar-by-dollar” approach and will follow a 25% tariff on US import duties, including steel, computers and sports goods. Donald Trump first announced […]
MSNBC’s Nicolle Wallace slams Karoline Leavitt over tariffs
Nicolle Wallace on MSNBC Host He condemned White House Press Secretary Caroline Lewittdenounced her as “tragically uninformed or lying” after Levitt claimed that Levitt amounted to an American tax cut. Wallace's comments came accordingly. A fierce exchange at White House press briefing Leavitt clashed with Associated Press journalist Josh Boak about the economic impact of […]
Former Treasury secretary on Trump's tariffs: 'People are overreacting a bit'
Former Treasury Secretary Steve Mnuchin said he disagreed with analysts warning about a potential economic slowdown, saying he believes “people are overreacting a bit” to the new Trump administration's policy changes. “I don't think anyone should see the natural and healthy revisions of these indexes as an indication that the economy is in trouble.” He […]
Trump sees highest approval on immigration, lowest on tariffs: poll
A new poll shows that the majority of Americans have approved President Trump's immigration policy, but mostly acknowledge his worst problem, his tariff plans. Trump's crackdown on illegal immigrants, marked by the arrests and deportation of thousands of criminal immigrants, has earned the president the highest mark of the seven policy issues highlighted in it. […]
Goldman Sachs CEO: Business community 'understands' what Trump is trying to do with tariffs
Goldman Sachs CEO David Solomon said the business community “understands” that President Trump is trying to do it with taxation on various goods despite wanting “low tariffs everywhere.” Solomon also said in an interview with Fox Business's Maria Bartilomo that Trump is more “engaged” with the business world than his White House predecessor, former President […]
EU to Target Republican States With Tariffs in Trump Trade War
The European Union is reportedly sought to put particular pressure on Republican-controlled states to enact so-called retaliatory tariff measures against American businesses amid the trade war with the Trump administration. As an order from US President Donald Trump, Brussels is expected to affect EU exports worth an estimated 2.6 billion euros ($28) to impose a […]
Learning From Canada Mistakes, UK & Oz Won’t Confront Trump on Tariffs
The UK and Australia seem to be trying to avoid repeating the mistakes of President Donald Trump's fellow American allies. Canada and the European Union have been on a militant path, but have also decided to match Trump's tariffs (as they see, they decide to win a victory over America. The area around Australia, Canada, […]
Brazil’s Lula Caves on Threat Against Trump Tariffs, Claiming He Won’t Fear ‘Ugly Faces’
Brazil's Luis Inacio Lula da Silva's radical left-wing president demanded that President Donald Trump stop “screaming” and speak “in honor” to him on Tuesday, adding that he “not an ugly face.” Lula issued the latest rants against President Trump in a statement given during his inauguration at Minas Jereis's auto factory in Betim. The event […]
Bank of Canada cuts benchmark interest rate by 25 bps, as Trump ratchets up tariffs – Yahoo Canada Finance
A new Canadian bank survey shows households and businesses hope that trade tensions with the US will lead to higher prices, lower job security, slower sales, and more cautious spending. The Canadian central bank says the investigation was conducted between January 29th and February 28th, reflecting a widespread US tariff of 25% and the threat […]