Hyundai reveals task force, production shifts to tackle US tariffs
On Thursday, Hyundai Motors created a task force to combat President Trump’s tariffs, shifting production of its most popular model to the US to avoid heavy import taxes. The South Korean automaker said some of its Tuxon production will move from Mexico to its Alabama plant, and is considering whether to shift production of some […]
Unmissable Live Event: Trump and Norwegian PM Address the Turmoil of Tariffs!
President Trump and Norwegian Prime Minister Jonas Gahr Støre will deliver a statement Thursday afternoon following a White House discussion where the president aims to address the trade conflict. Støre’s visit follows Trump implementing a 10% basic import tax on nearly all overseas imports and applying increased reciprocal tariffs in various nations. This action has […]
Most expect higher prices from Trump tariffs: Survey
According to a new poll from the United States, most Americans expect higher prices due to President Trump’s tariff policy. Associated Press NORC Research Center. In the survey, 76% of respondents said Trump’s customs policy was trying to “a lot” or “somewhat” increase the prices of U.S. consumer goods. 12% said they believe the tariff […]
Durable goods orders skyrocketed in March ahead of Trump tariffs
Prior to Trump’s April 2nd tariff announcement, orders for durable goods surged in March. New manufactured orders rose 9.2% in March to $315.7 billion, compared to a 0.9% increase in February. Economists had predicted a rise of just 2%. Transportation orders rose 27% that month, while commercial aircraft orders rose 139%. Private capital goods orders […]
Nintendo Switch 2 fans crash Target, Best Buy websites during pre-orders after delay over tariffs
The Nintendo Switch 2 caused a massive online halt for retailers as they struggled to keep up with demand from enthusiastic gamers after sales were delayed due to tariffs on Japanese exports. Target, Best Buy and Walmart all had issues with their websites when fans were allowed to pre-order the highly anticipated gaming console on […]
EXCLUSIVE: President Trump on ‘judicial insurrection,’ tariffs, and 100 days in office
on wednesday, Glenbeck Sitting with President Donald Trump, he survived the first 100 days of the second Trump administration. Glenn is the first member of the media to get a 100-day retrospective sit down. And until Thursday night Can only be viewed in BlazetV. So Join now And take a look! In his first 100 […]
Twelve states sue Trump over tariffs
President Donald Trump’s drastic tariffs face major legal challenges from New York and 11 other states, claiming that the president has stepped over his authority and put the US economy at risk by imposing them without Congressional approval. The lawsuit, filed in the U.S. Court of International Trade, challenges Trump’s use of emergency under the […]
Hassett on Trump tariffs: 'Very optimistic about China' and 'especially optimistic' about 'everybody else'
National Economic Council Director Kevin Hassett said on Wednesday that he was “very optimistic” about the possibility of a trade deal with China, reflecting recent changes in President Trump’s tone. In an interview with Fox News on “Ingraham Angle,” Brian Kilmead asked the US “even trying to start talking to China again,” and mentioned a […]
Trump softens tone on tariffs
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Trump signals shift in tone on China tariffs
President Trump on Wednesday attempted to thwart the trade war with China, acknowledging that the 145% obligation he slapped in Beijing is “very high” and that he is optimistic that he could sign a contract with President Xi Jinping in the US market. “We’re dealing with a lot of countries now and we could be […]