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 […]
Tariffs, Schmariffs! Some Wall Street bigs aren’t worried about stocks
They are lonely souls, but the power of Wall Street executives and wealth managers telling their clients to ignore the noise remains. Their message: The US economy is fine. The market will function via current pooks and reach new highs by the end of the year. In other words, tariffs, schmariffs! I'm not saying I […]
Trump tariffs ‘worth it’ — even if they trigger recession: Commerce Secretary Howard Lutnick
Commerce Secretary Howard Lutnick said President Trump's tariffs were “worthy.” The economist warns that the president's strict tariffs in Canada and Mexico, a 30-day suspension, 20% collection on China, and his sweeping aluminum and iron tariffs could reheat inflation. Trump's pre- and post-election approach to implementing tariffs, and the costly risks of retaliatory tariffs, wiped […]