Dow surges 500 points after Trump car tariffs delayed
Wall Street's main index ended higher in a choppy trade on Wednesday. The stocks have risen positive after President Donald Trump reported that he was considering a one-month delay in car fares in Canada and Mexico. The shares expanded after the White House announcement confirmed that Trump had agreed to delay tariffs on some vehicles. […]
Trump might meet Canada, Mexico in ‘the middle’ on tariffs: Lutnick
Commerce Secretary Howard Lutonic said the announcement could come Wednesday afternoon, as he believes President Trump may consider tariff relief in Canada and Mexico to compromise. “The president has heard offers from Mexico and Canada. He's thinking he's going to do something in the middle,” Rutnick said Wednesday. Bloomberg TV. He adds that he is […]
Trump Exempts Automakers from Tariffs for a Month
President Donald Trump exempts automakers from tariff proposals in Mexico and Canada for a month of pleas from industry leaders. “We will provide a one-month exemption for all cars coming through the USMCA,” White House Press Secretary Karoline Leavitt I said During a press conference on Wednesday. “Mutual tariffs will still come into effect on […]
Leavitt Announces Exemption On Tariffs For Auto Imports From Mexico And Canada
White House Press Secretary Karoline Leavitt speaks during a daily briefing in the White House Brady Briefing Room in Washington, DC on March 5, 2025 (photo by Mandel Ngan/AFP via Getty Images) OAN Staff Break Wolf3:20pm – Wednesday, March 5th, 2025 With President Donald Trump's 25% tariffs on Mexico and Canada currently in effect, spokesman […]
Kentucky Distillers' Association responds to Trump tariffs: 'Hard-working Americans … will suffer'
Kentucky (wdky) – Kentucky's bourbon industry is enduring potential economic fallout after President Trump imposed tariffs on imports from Canada, China and Mexico this week. I vowed to retaliate. Governor Andy Beshear (D) has called tariffs “three parts of inflation” that could have widespread effects on both consumers and businesses. “His tariffs in Canada and […]
US toy factories slammed with orders after Trump tariffs on China, Mexico imports
Toy makers using US manufacturing facilities are being criticised by orders as the industry screams to negotiate strict tariffs from the Trump administration, the Post learned. MGA Entertainment, which manufactures Bratz and Lol Surpress Dolls, also owns the 56-year-old Little Tikes brand, which makes large indoor and outdoor toys at its Hudson, Ohio factory. According […]
The Case for Tariffs in a World of Foreign Intervention
Trade deficits are not created in the US For decades, American policymakers were given a brief talk about trade: The US will run a permanent deficit because it is not saving enough. If only Americans were more modest and the federal government controlled spending, the trade deficit would be reduced and manufacturing jobs would return. […]
Majority say US, not other countries, will feel brunt of Trump tariffs: Poll
The majority of Americans in the new poll said they feel that the United States, not other countries, will bear the brunt of President Trump's tariffs. when I asked “The cost of tariffs on foreign products imported into the US” is that 54% of economists/YouGov public respondents believe that “the majority of US businesses and […]
Canadian Conservatives Trash Trump Tariffs While Borrowing Country First Branding
Canadian conservative leader Pierre Poiliervre launched “Canada's first” response to President Donald Trump's tariffs on Monday, borrowing Trump's branding strategy while claiming that his tariffs on Canadian goods are “unfair.” Part of Poilierbre's strategy includes Prime Minister Justin Trudeau's liberal party breaking down by doing “nothing” to make Canada rely on the US economy despite […]
Trump announces 1-month delay on Canada, Mexico tariffs for cars
President Trump announced a one-month exemption from tariffs on cars on Canada and Mexico on Wednesday following a meeting with three major US automakers. Trump spoke with leaders from Ford, General Motors and Stellantis following the imposition of a 25% tariff on all imports from Mexico and Canada on Tuesday. Following these debates, Trump said […]