Straight-Talking China Might Be Ready to Discuss Tariffs
China seems to be opening the door for talks with the US about tariffs, following a recent statement from its Commerce Department on Friday. According to the ministry, “The US has recently expressed a desire to initiate several measures and engage in discussions with China by sharing information through relevant parties.” Reuters noted that Beijing […]
Ben Shapiro and Sean Hannity caution about the impact of tariffs following Trump’s comments on toys.
Some of President Trump’s most vocal media supporters are sounding alarms about the potential “pain” resulting from his extensive tariffs. Ben Shapiro, the founder of the Daily Wire, has criticized Trump for downplaying worries among American consumers, particularly concerning a hefty 145% tariff on China that could reignite inflation. “It’s a ‘feeding them’ approach to […]
With Trump’s tariffs in effect, it’s an ideal moment for a national bottle bill.
The Trump administration has put a hold on many new tariffs, yet certain ones persist, including a significant 25% tariff on aluminum. Coca-Cola’s CEO, James Quincy, mentioned that the company might have to adjust its practices, possibly importing aluminum from Canada for soda cans to mitigate price increases and reduce reliance on plastics. Regardless of […]
Vance makes deciding Senate vote as Republicans team up with Democrats to undermine Trump’s tariffs.
The Senate was unable to pass a resolution on Wednesday night, as Vice President JD Vance cast a tiebreaker vote to suspend customs duties imposed by President Donald Trump. In a surprising turn, three Republicans—Lisa Murkowski from Alaska, Susan Collins from Maine, and Rand Paul from Kentucky—joined Democrats, leading to a tie of 49-49. The […]
China ‘evaluating’ US offer to negotiate tariffs; Beijing’s door is ‘open’
Beijing has “evaluated” the offer from Washington to hold talks over President Donald Trump's crippling tariffs, China's Commerce Department on Friday pointed out the potential for a potential de-expansion of the trade war that has hit global markets. The US is approaching China to seek consultations on Trump's 145% tariffs, with Beijing's doors open for […]
Why is Trump ending the ‘de minimis’ tariff loophole on low-value imports? | Trump tariffs
One minute of the night on Friday, Eastern Time is a US tariff exemption that has helped fuel the rise of companies like Shein and Temu and shut down cheap fast fashion and other household items in the wardrobes of millions of Americans. As part of US President Donald Trump's surge in tariffs on China, […]
GM CEO warns Trump’s tariffs will cost automaker up to $5B
General Motors on Thursday cut its full-year forecast significantly as CEO Mary Bala warned of “current tariff exposure of $4 billion.” [to] $5 billion. ” The company, which owns brands including Chevrolet, Buick and Cadillac, faces a 25% fee for importing foreign vehicles, and expects profits of between $10.2 billion and $10.1 billion from previous […]
Consumers Aren’t Front Running Tariffs
Consumers were not frontline tariffs – and that's a good thing: Part I The latest GDP report has been set in fire under recession chatter. Actual GDP was signed at an annual rate of 0.3% in the first quarter of 2025. This is the first decrease since 2022. The heading number had an economist and […]
Consumer confidence dipped to a five-year low in April amid Trump’s tariffs
“Claman Countdown” panelists Gary Cartbaum and Jeffsika discuss the performance and consumer sentiment of retail stocks. Consumer confidence fell to its lowest level in almost five years in April as concerns about tariffs and trade uncertainty placed emphasis on economic outlook. The conference committee said Tuesday its consumer confidence index fell 7.9 points to 86 […]
GM: Tariffs could cut $5B from profits
American automaker General Motors (GM) said Thursday that it could cut the tariffs on President Trump by just as much $5 billion from this year's profit. In a letter to investors, GM CEO and Chairman Mary Bala said her company “had been ongoing discussions with the president and his team even before taking office.” “They […]