Olive Branch to Trump? Mexico Cuts Chinese Imports, Puts Tariffs on Shein and Temu
Mexican President Claudia Sheinbaum on Monday unveiled an economic plan apparently designed to avoid U.S. President-elect Donald Trump's threatened tariffs by cutting imports from China. He also emphasized that the USMCA trade agreement between the United States, Mexico and Canada is the best way to deal with competition from China. playing cards said During the […]
Trump says he’s creating ‘External Revenue Service’ for tariffs
President-elect Trump said Tuesday that he wants to create an “Internal Revenue Service” that would collect customs duties and other revenue from foreign countries, similar to the Internal Revenue Service (IRS), which collects taxes from Americans. “For too long, we have relied on using the Internal Revenue Service (IRS) to tax the greats. Through soft […]
Gold prices edge higher amid speculation over rates, Trump tariffs – Investing.com
Investing.com — Gold prices rose slightly in Asian trade on Tuesday, stabilizing after overnight losses as traders speculated on how tough trade tariffs President-elect Donald Trump plans will be. did. Markets are also awaiting further clues on US interest rates from key inflation data released this week, with the dollar hovering near a two-year high […]
US stock futures rise on report of gradual Trump tariffs – Investing.com
Investing.com — U.S. stock index futures on Monday night as concerns about overly destructive trade tariffs under President-elect Donald Trump eased with reports that his team is considering gradual increases in tariffs. Market prices rose. However, inflation data released this week is expected to provide further clues following a series of hawkish signals, and futures […]
JD FOSTER: Trump Should Pursue His Tariffs — And Dump The World Trade Organization
How did tariffs and protectionism gain acceptance among conservatives? Simply put, the nearly free trade system built after World War II collapsed, and no one tried to repair it. Because there wasn't. Liberals have long supported tariffs and other trade impediments. This is a natural reflection of their “government knows best” attitude. Then there are […]
Trudeau: Trump threatened to annex Canada to distract from tariffs impact | Canada
Canadian Prime Minister Justin Trudeau said President Donald Trump's comments about the possibility of annexing Canada are a tactic aimed at distracting the public from the impact of his proposed tariffs. Trump will impose a 25% tariff on all Canadian imports unless Ottawa tightens border security, President Trump said Tuesday, saying he is considering using […]
Stock Market Today: Dow, S&P 500 Set to Open Up; Trump Tariffs; Micron, Plug Power, Nvidia, More Movers – Barron's
U.S. stock futures were rising early Tuesday as markets grappled with the potential fallout from additional tariffs imposed by President-elect Donald Trump. President Trump has dismissed speculation that he would scale back plans to impose full tariffs on imported goods when he takes office later this month. Such a tax might help some companies that […]
Trump cites tariffs in call to merge Canada, US
Welcome to The Hill's Business & Economics Newsletter {beacon} business and economy business and economy Full text CISA says there is 'no indication' other agencies will be affected by Treasury hack The Cybersecurity and Infrastructure Security Agency (CISA) said Monday there is “no indication” that other federal agencies were affected by the recent breach […]
We Do Need Tariffs on China, Manufacturing Is ‘National Security Issue’
In an interview with C-SPAN on Friday, Rep. Debbie Dingell (D-Mich.) said there are tariffs that need to be imposed on China and that “manufacturing is a national economic and national security issue. It's an industry and I'm going to work on it.” with them. I've made it clear to our leaders that tariffs are […]
Donald Trump responds to Doug Ford's threat to cut off energy amid looming tariffs
Donald Trump brushed off Ontario’s threat to cut off its energy on Thursday. Jeremie Charron has the latest on the tariffs tiff. source