Trump responds after Trudeau announces retaliatory tariffs
After U.S. President Donald Trump’s 25 per cent tariff on Canadian goods went into place, Prime Minister Justin Trudeau … source
The EU announces countermeasures to Trump’s tariffs
The European Union announced its own measures on Wednesday, saying it will come into effect on April 1 after the Trump administration officially increased tariffs on all steel and aluminum imports to 25%. “The US is applying tariffs worth $28 billion, so we are responding with measures worth 26 billion euros ($28 billion),” European Commission's […]
Trump’s 25% tariffs on all steel and aluminum imports go into effect
President Donald Trump officially increased tariffs on all steel and aluminum imports to 25% on Wednesday, pledging that taxes will help create jobs for U.S. factories when stock threats are shaking stock markets and causing fears of economic slowdowns. In addition to increasing the tariff on aluminum from 10%, Trump removed all exemptions from 2018 […]
Trump administration briefing: education department to be halved as Trump walks back Canada tariffs | Trump administration
The U.S. Department of Education is planning to fire almost half of its workforce, the department announced. The 1,300-person layoffs were announced by the department on Tuesday, and described by Education Secretary Linda McMahon as “an important step in restoring the greatness of the US education system.” In a post on X, McMahon stated: [reduction […]
Lutnick says Trump tariffs 'worth it' even if they lead to recession
Commerce Secretary Howard Lutnick said Tuesday that President Trump's tariff policies are worth it, even if the economy plunges into a recession. In an interview aired Tuesday, CBS News' Nancy Cordes asked Lutonic whether tariffs “when it leads to a recession, if it leads to a short-term recession, is it worth it?” Lutnick replied: “These […]
AP reporter spars with White House over tariffs
White House Press Secretary Caroline Leavitt clashed with Associated Press and Alliance reporters on Tuesday over Trump's use of tariffs after acknowledging unusual questions to the outlet during a White House briefing. Leavitt has faced many questions about the widespread use of tariffs on imports that rattled financial markets and caused recession horrors. At one […]
Tariffs Can Be Both About Fentanyl and Jobs and They’ll Generate Revenue
On CNN International's “CNN Newsroom” aired on Tuesday, White House's senior counselor Peter Navarro, a senior counselor in trade and manufacturing, answered questions about the White House, saying that tariffs are about fentanyl and migration, “All of which could be true at the same time. And the current actions regarding Canada, Mexico and China are […]
Trump doubles down on tariffs threat amid market downturn
President Trump has doubled his widespread tariff threat despite stock market slump, which helped fuel anxiety. Trump escalated TAT's TIT with Canada on Tuesday. The card screw turning seemed to elicit a response. Ontario Prime Minister Doug Ford retreated from the threat that day. Before Ford overturned himself, the White House touted its tariff strategy […]
Thune says Trump's tariffs should be 'temporary' amid market volatility
Senate majority leader John Tune (Rs.D.) said he supports President Trump using tariffs to stop fentanyl flow to the US, but he said tariffs should be temporary, citing growing uncertainty that is shaking financial markets. “I think the president is trying to achieve a certain goal here. It's to stop the flow of fentanyl into […]
Texas official on Chinese tariffs: Running into 'little rough spell' is 'fine'
Texas Agricultural Commissioner Sid Miller said farmers may have “a little rough spell” under President Trump's new tariff policy with China, but demographics must be “great” in the long run. “Donald Trump told me he loves his family farmers. 95% of US farming is done by family farmers. He's not going to let them go […]