Families of Fentanyl Victims Petition U.S. Trade Officials to Impose Tariffs on China for Contributing to Opioid Crisis
A coalition of families of people who died from fentanyl calls on the Office of the U.S. Trade Representative (USTR) to investigate China's role in the U.S. opioid crisis and enact tariffs against China to combat it. I am doing it. The group filed a petition Thursday with the Office of U.S. Trade Representative Katherine […]
Trump’s New Trade Rules Shatter the Case Against Tariffs
President Trump’s Tariff Strategy: New Advances in Trade and Innovation Donald Trump's Chicago speech was classic Trump. He was unapologetically combative and unflinchingly focused on one of his favorite subjects: tariffs. In a wide-ranging conversation with Bloomberg reporter John Micklethwait at the Chicago Economic ClubPresident Trump doubled down on his promise to impose tariffs on […]
Yellen sounds alarm on 'deeply misguided' tariffs as Trump digs in
Treasury Secretary Janet Yellen is expected to call for a significant increase in U.S. tariffs in a speech to the Council on Foreign Relations on Thursday, offering a thinly veiled criticism of former President Donald Trump's plan to raise import taxes. According to prepared remarks, Yellen will decry high universal tariffs as inflationary and harmful […]
Trump clashes with Bloomberg editor over tariffs
Former President Trump clashed with the editor-in-chief of Bloomberg News at an economic forum in Chicago on Tuesday over the Republican candidate's assertion that tariffs would not hurt his potential second term. Bloomberg's top editor, John Micklethwait, repeatedly confronted President Trump at the Chicago Economic Club over his plan to impose flat tariffs on imported […]
EU States Sign Off on Loading Extra Tariffs on Chinese EVs
AFP – European Union countries on Friday gave final approval to hefty tariffs on Chinese-made electric cars, despite strong opposition led by Germany and fears it could spark a trade war with China. I gave the go-ahead. The European Commission provisionally approved the measure in June after an investigation found that the Chinese government's state […]
Trump Trusted More than Harris on Trade, Tariffs
Voters trust former President Donald Trump more than Vice President Kamala Harris on international trade and tariffs, according to a series of battleground state polls released Thursday by BSG and GS Strategy Group. The survey results show that President Trump's economic policies are resonating with voters in battleground states facing wage pressures from rising costs […]
JD Vance Makes the Case for Tariffs to Protect American Jobs, Wages
Sen. J.D. Vance (R-Ohio) argued for tariffs in the only vice presidential debate with Gov. Tim Walz (D-Minn.), calling for tariffs to move American workers away from cheap foreign labor. He emphasized that he would protect it. Mr. Vance accused Mr. Walz of attacking Trump's trade policies as a “national sales tax,” when in fact […]
Biden-Harris Have Been Strong on ‘Keeping’ Tariffs, Trump’s Would Be a Tax
On Monday's broadcast of MSNBC's “Read Out,” Sen. Amy Klobuchar (D-Minn.) said the Biden-Harris administration is “very strong on 'China steel dumping' and maintaining those tariffs.” But 2024 Republican presidential candidate former President Donald Trump's proposed tariffs “represent this tax, rather than applying it to specific industries or specific countries on an as-needed basis.” Klobuchar […]
Who will pay for Trump’s tariffs? You will, America.
Former President Trump has argued that he can make foreign companies and their governments pay taxes levied by the United States. Customs Duties Regarding products exported to the United States This idea is absurd. If tariffs worked this way, governments around the world would reduce taxes on their own citizens and impose tariffs on foreigners. […]
Trump Tax Cuts, Tariffs Will Rebuild American Industry, Strengthen Dollar
John Carney, economics editor at Breitbart News, told Fox Business Network's “Kudlow” on Wednesday that former President Donald Trump's proposed tariffs and tax cuts would rebuild U.S. industry and strengthen the dollar globally. “What Donald Trump is saying is that the United States has built an economic system where we basically pay companies to move […]