Ford halts shipments of F-150s, other models to China to avoid tariffs: report
Ford Motor has stopped shipping SUVs, pickup trucks and sports cars to China in the wake of President Trump’s tariffs. Reported by the Wall Street Journal On Friday, I quote people who are familiar with the issue. The company has stopped shipping Bronco SUVs built by F-150 Raptors, Mustangs and Michigan-built, as well as Kentucky’s […]
Toyota weighs making RAV4 SUV in the US to avoid tariffs: report
Toyota has emerged as the latest automaker to rethink its production plans to avoid President Trump’s strict tariffs, according to the report. In addition to manufacturing in Canada and Japan, Japanese companies are weighing the next version of their top-selling RAV4 SUV at their Kentucky factory. Toyota originally planned to discard production in Kentucky, RAV4 […]
Netflix has been able to dodge the impact of Trump’s tariffs: Here’s how
Jeff Sica, founder of Circle Squared Alternative Investments, discusses whether Netflix is not affected by the “Varney & Co.” tariffs. Netflix co-CEO Gregory Peters is not worried about the on-demand streaming service despite growing economic concerns. The entertainment industry has said it has proven to be “resilient” during tough times. “We also have some comfort […]
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 […]