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Trump plans to impose new US tariffs on countries with value-added taxes

President Trump announced on Saturday that other countries' Value Added Tax systems will be treated like tariffs, including in his new plan to impose US taxes. “We consider countries that use the VAT system, which is much more punitive than tariffs, to be similar to countries with tariffs.” Trump said in a post about the […]

Trump announces reciprocal tariffs in Truth Social post amid trade policy overhaul

President Donald Trump wrote a long, truthful social post on Saturday about overhauling his trade policy, highlighting plans to charge mutual tariffs on countries where the US is doing business. In a post published Saturday afternoon, Trump explained how his mutual tariffs work in great detail. In recent weeks, he has announced a 25% tariff […]

Trump doubles down on reciprocal tariffs, vowing a 'level playing field'

President Trump defended the president's memorandum of understanding on Saturday proposing mutual tariffs on a true social post, saying the move would ensure a “a level playing field for American workers.” Trump said the United States is being treated unfairly by other countries, including both friends and enemies. “This system will soon bring fairness and […]

Jamie Dimon’s rant, Trump’s tariffs and DOGE cuts

Treasury Secretary Scott Becent discusses President Donald Trump signs mutual tariff plans and Vice President JD Vance threatens sanctions, threatens potential economic partnership agreements with Ukraine and government spending waste . – Notch makes profits every week despite mixing Friday trading – Treasury Secretary Scott Bescent defends tariffs after dealing with Zelensky's moves in Ukraine […]

We’ll Put Our Tariffs to Zero with a Country That Does Likewise

On Thursday's Fox News channel's “Ingraham Angle,” Treasury Secretary Scott Bescent discussed President Donald Trump's mutual tariff plans, saying, “If there's tariffs, we'll put them at the same level. If we put them zero, we'll get zero. It will be.” asked host Laura Ingraham. [relevant exchange begins around 00:55] “[A]What others are asking is why […]

House Republican: 'I can't guarantee' Trump tariffs won't raise prices

Rep. Warren Davidson (R-Ohio) said on Thursday that Trump's proposed tariffs cannot guarantee that consumer prices will not raise prices, but Trump has said something new to boost the economy. He said he cannot praise the attempt. Davidson, a member of the House Financial Services Committee, will appear on “CNN News Central,” and host Brianna […]