Trump pitch to use tariffs to pay down debt a ‘chancy bet’
President Trump and his officials have promoted his sweeping tariff actions as a tool to ensure fair international trade, as well as to repay the federal government’s $36 trillion in debt. As Trump faces pressure from both sides of the aisle on his trade plans, he and officials have partially defended his tariff actions as […]
Hermes hiking handbag prices for US customers over Trump tariffs
An expensive Birkin bag would likely be even more expensive – if you could get it. Hermes, the high-end fashion house behind A-list accessories, is planning to raise prices on all US items to combat President Trump’s tariffs, the luxury retailer said Thursday. Their expensive clutches start at around $20,000 and reach six figures. That […]
Trump and Powell set for showdown as tariffs rattle markets
President Trump and Federal Reserve Chairman Jerome Powell are facing how central banks respond to the economic consequences of the White House trade war. While Trump’s tariffs promise even more upward pressure on prices, Trump and Powell seem to be trapped on the collision course as they maintain a pause in rate cuts in response […]
Trump claims tariffs rake in $3B a day — but it’s actually much lower
President Trump’s mutual tariffs have added a total of $500 million to US funding since April 5th. This boasted that he boasted of a portion of $3 billion a day. Actual figures were released by Customs and Border Protection on Wednesday. This was accused of collecting all customs duties, including Trump’s “mutual” collection upon entry. […]
Trump's potential semiconductor tariffs spook tech industry
President Trump’s potential tariffs on semiconductors are stoking the alarm within the technology sector as businesses support industry-wide ripple effects and competitive position at the global stage. The Trump administration launched an investigation this week into the impact of semiconductor technology imports on national security. A day after the president suggested tariffs on semiconductors, it […]
Italy’s PM Jets to Washington to Negotiate Tariffs!
The Pro Trump News homepage features 60 fresh updates every day. Click here to explore. A global leader engages with Donald Trump over a deal. On Thursday, Italian Prime Minister Giorgia Meloni met with Donald Trump. According to Fox Business: Italian Prime Minister Giorgia Meloni is set to meet President Donald Trump, and will act […]
Trump Tariffs: Gold hits fresh record high over trade war impact fears – BBC
Kim jumped to new records, worried about the impact of the US-China trade war. Spot Gold soaked from the peak after touching $3,357.40 per ounce (£2,540) on Wednesday. It has risen by about 30% since the beginning of the year. The latest move comes after the head of the US Central Bank who said President […]
US vehicle supply falls as shoppers buy cars to avoid tariffs
The supply of new and used cars to meet our lot is declining as customers compete to buy cars before President Trump’s tariffs surge. By early April, the average day supply for new vehicles across the country measures the time it takes to sell, but it rapidly shrunk from 91 days in March to just […]
Kentucky Governor Reveals Shocking $5K Annual Cost of Tariffs for Families!
Henderson, Kentucky (Weht– Kentucky Governor Andy Beshear has sounded the alarm on tariffs being considered by the Trump administration, indicating they could result in significant costs for American households. In a statement shared on social media, Beshear indicated that tariffs could impose an additional $4,700 annually on the average family. “It’s equivalent to several months’ […]
Ford may hike prices if Trump’s auto tariffs persist, memo says
A memo sent to dealers on Wednesday reviewed by Reuters said Ford Motor could raise prices for new vehicles if President Trump’s car rates continue. The Dearborn, Michigan automaker offered deep discounts across the lineup, starting on June 2nd earlier this month. The program will continue, but pricing for new models created after May may […]