China drops tariffs on US semiconductors, weighs more exemptions: reports
According to reports, China has quietly exempts some semiconductors from tariffs and is considering exclusion of more of certain US industries. Taxes on at least eight classifications of US microchips have been reduced to zero. This has dropped significantly from China’s 125% retaliatory tariffs on all other US goods, Caijing reported Friday. The article was […]
Why tariffs are the key to America’s industrial comeback
On April 2, President Trump announced a radical mutual tariff policy aimed at cutting off the US economic dependence on China. His goal: to reissue American industry and restore national self-sufficiency. How can the US protect its independence while relying on Chinese ships, machines and computers? That cannot be done. Tariffs are not about economics. […]
Trump’s pharmaceutical tariffs will risk the lives of American patients
On April 1st, the Trump administration investigationWhether importing drugs poses national security risks. Considering a relatively short periodPublic CommentsThe answer seems to be a natural conclusion. Customs duties are expectedMid May. These obligations are not just a waste of financially. It slams the US healthcare system. Furthermore, unlike the “mutual” tariffs announced on April 2nd, Commerce […]
Chinese Scientists Complain Trump Tariffs Limiting Research
This week’s report found that Chinese scientists were slowing down the task force, making it difficult for the lab to acquire critical equipment and supplies from the United States. Everything from glassware to stem cells is increased by over 100%, making it much more expensive. Science It’s attracting attention On Wednesday, American research labs were […]
Apple to shift most US iPhone production to India by 2026 to avoid China tariffs: reports
Apple reportedly plans to shift production of most of its iPhones it sells in the US to its Indian factories by the end of 2026. CEO Tim Cook’s company aims to dodge massive tariffs on Chinese imports. The Cupertino, California-based company has already added manufacturing capacity in India in recent years, but has accelerated these […]
Tariffs Are Costing City, I Want to Raise Taxes
In an interview with WVON on Thursday, Chicago Mayor Brandon Johnson said “changes in market and Trump’s tariffs” have caused great losses to the city “due to uncertainty and disruption.” He also said he wanted to raise taxes by imposing a financial transaction tax, expressing openness to corporate head taxes, and, along with many other […]
MAGA loyalists BLAST Trump tariffs
Trump loyalists who sang Trump’s praises during the presidential campaign such as Adin Ross, Dave Portnoy and Ben Shapiro, … source
Wall Street’s Pain Is Wrecking the Case Against Tariffs
Trump’s tariffs aren’t your great grandfather’s protectionism The usual chorus of critics is back. As President Trump moves forward with a new round of tariffs, experts, professors and corporate lobbyists’ boulevards, America has declared once again America. Heading towards the trench of economic ignorance. Their refrains are familiar. Tariffs will curb innovation, protect inefficient monopolies, […]
Kevin O’Leary Explains What Leverage US Has Getting China To Back Down On Tariffs
“Shark Tank” co-star Kevin O’Leary said on Thursday in the Fox business that the US has retained China on a massive economic leverage and now it’s time to use it. The White House said Wednesday that tariffs on China will only be reduced through negotiations, despite President Donald Trump signaling possible easing. In his appearance […]
Expert sounds alarm on Trump’s tariffs: ‘Too high, too fast’
Former International Trade Commission Chief Peter Morici provides analysis of President Donald Trump’s tariff strategy on ‘Fox … source