CNN host spars with GOP rep over Trump tariffs, Harris corporate tax hike
In an interview on Thursday, CNN host Sara Sydnor debated Rep. Mike Lawler (R-New York) about former President Trump's plans to increase tariffs and Vice President Harris' plan to increase corporate taxes. In a heated exchange, Lawler vigorously defended Trump's tariffs and slammed Harris' plan to raise the corporate tax rate from 21% to 28%, […]
Americans Support Tariffs, Drilling, and Deporting Illegals
Americans support 'America First' trade, energy and immigration policies Tariffs and deportations are popular policies. Recent vote From YouGov economist The magazine is A majority of Americans support deporting or arresting illegal immigrantsThirty-seven percent strongly support deportation or arrest, and an additional 16% somewhat support these policies. Just over a third of Americans, 35 percent, […]
Kamala Harris Falsely Says Tariffs Are A Middle Class Sales Tax
CLAIM: Kamala Harris said Thursday that President Donald Trump’s proposal to impose a 10% tariff on imports would amount to a sales tax on Americans. In her convention speech, Harris argued that President Trump’s tariffs would amount to a “national sales tax, a Trump tax.” Verdict: False. Customs duties are paid not by consumers but […]
Tariffs Are Not Taxes on American Consumers
The Truth About Duties and Taxes Donald Trump’s proposal A flat 10% tariff The argument that this amounts to a tax on middle-class Americans calls for a deeper look into why such an argument is off the mark. First, let’s understand the basics. Tariffs are taxesThese are government taxes on imported goods levied directly on […]
J.D. FOSTER: A Conservative Defense Of Trump-Biden Tariffs
Former President Donald Trump was lambasted for the tariffs imposed when he was in office and for proposing more of the same. But then President Joe Biden slapped new tariffs on steel from China routed through Mexico, an act met mostly with silence. Are both men wrong? Are tariffs sound policy or a terrible idea? It […]
Biden Administration Imposes Tariffs On Steel And Aluminum Shipped From Mexico
The White House announced in a press release Wednesday they would be imposing tariffs on steel and aluminum imports shipped to the U.S. through Mexico. President Joe Biden accused “foreign producers” of increasing their steel products shipped through Mexico in order “to circumvent the duties on steel articles” imported into the U.S. in the statement. Biden […]
Biden targets China with new tariffs on steel and aluminum
President Biden on Wednesday announced new tariffs on imported steel and aluminum to keep cheap Chinese-produced metals out of the U.S. market and protect domestic production ahead of the November election. The new tariffs will focus on steel and aluminum imports from Mexico, which is a transit route for many China-origin products as the U.S. […]
Trump and Biden tariffs harming U.S. economy: Analysis
Tariffs on foreign goods imposed by former President Trump and maintained by President Biden are damaging the U.S. economy, according to a new analysis. Tariffs, one of the central elements of continuity under both presidential administrations, are affecting growth, jobs and America’s ability to invest, according to a report by the Tax Foundation, a right-leaning […]
Unlike Trump, Biden’s China Tariffs Only Hit Areas ‘Where We Import Very Little from China’
During Friday’s broadcast of MSNBC’s “The Last Word,” Jared Bernstein, chairman of the White House Council of Economic Advisers, said that the tariffs on China announced by President Joe Biden differ from the approach taken by former President and 2024 Republican presidential nominee Donald Trump because Biden’s tariffs would only apply to sectors that “are […]
China targets Europe’s farmers in response to EU tariffs on electric cars
Beijing has launched an investigation into EU pork imports, targeting European farmers rather than German carmakers, just days after the EU announced plans to impose provisional tariffs on Chinese-made electric cars. The Commerce Department didn’t mention EV tariffs when it announced Monday it was opening an anti-dumping investigation into European pork, but the move is […]