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Tag: Tariffs

‘It’s A Mess’: Scott Jennings, WaPo Columnist Clash Over Border, Tariffs

Republican strategist Scott Jennings clashed Thursday night with Washington Post columnist Katherine Rampel over border security and tariffs on Mexican goods. During the November 25 presidential election, President Trump announced plans to impose 25% tariffs on products from Mexico and Canada. post Truth Social argued that both countries should do more to stop illegal immigration […]

Biden doubles tariffs on Chinese solar panel components

The Biden administration announced Wednesday that it will double tariffs on some solar panel components made in China. Starting in January, Chinese solar wafer and polysilicon imports will be subject to a 50% tariff, up from the current 25% tariff. Polysilicon is a type of silicon used to make solar panels, and wafers are the […]

Scotland lobbies Trump to exclude it from threatened tariffs on whisky | Trump administration

Scotland's first minister is leading efforts to persuade President-elect Donald Trump to exclude Scottish whiskey from plans to gradually increase import duties into the United States. John Swinney, head of Scotland's devolved government, pressed Trump on the importance of whiskey's economic and cultural status during a “warm and friendly” 20-minute phone call between the two […]

Are Tariffs Really Coming for Your Christmas Presents?

President Trump's tariffs won't raise toy prices No customs duty the grinch steals christmas From American boys and girls. The majority of toys sold in the United States are made in China. This results in Warning alert Toy company executives and some retailers argue that high tariffs on Chinese products will raise prices for consumers. […]

Trump taunts Trudeau with new title as he continues tariffs push: ‘Great State of Canada’

Shortly after midnight Tuesday, President-elect Trump attacked the Canadian prime minister again on his Truth Social account, saying he was “pleased” to meet with “Great Canadian Governor Justin Trudeau.” “Last night I had the pleasure of having dinner with Governor Justin Trudeau of Great Canada,” Trump wrote. “I look forward to seeing the Governor again […]

Trump brushes off the experts on tariffs

Welcome to The Hill's Business & Economics Newsletter {beacon} business and economy business and economy Full text   House Republicans focus on Medicare and Social Security to cut DOGE Rep. Mark Alford (R-Missouri) has cited Medicare and Social Security as potential focus areas for President-elect Trump's new Department of Government Efficiency (DOGE). Full text   […]

Trump 'can't guarantee' tariffs won't raise prices for consumers

President-elect Trump said in a new interview aired Sunday that he can't guarantee Americans won't pay more in tariffs he has promised to impose on imported goods. Mr. Trump, in an interview With Kristen Welker on “Meet the Press,” say you don't believe economists' repeated warnings that tariffs on countries like Canada, Mexico and China […]

Gavin Newsom Visits Border to Trash Trump’s Tariffs, Mass Deportations

California Gov. Gavin Newsom (D) visited the U.S.-Mexico border on Thursday to help pay for customs duties and deport millions of illegal aliens who have no legal right to be in the U.S. President-elect Donald Trump He reiterated the points raised by large companies, such as his plans for In recent weeks, President Trump has […]

Dollar Tree may drop some products if tariffs are implemented

Stacey Widlitz, founder of SW Retail Advisors, breaks down the latest news in retail as businesses prepare for the holiday season. Dollar Tree said Wednesday that it may adjust or eliminate certain products if President-elect Trump's proposed tariffs go into effect. The discount retailer, which has high exposure to China, told analysts that if additional […]