Tag Archives: Tariffs

President Donald Trump pushed back hard Wednesday against the growing perception that he retreats from his own steep tariff threats, denying that he’s “chickening out” and insisting his trade tactics are deliberate negotiating maneuvers designed to pressure foreign governments. Asked about the so-called “TACO” trade — an acronym coined by …

A federal three-judge panel on Wednesday dealt a major blow to President Donald Trump’s trade agenda, ruling that he overstepped his legal authority by imposing sweeping tariffs on U.S. trading partners. The U.S. Court of International Trade said Trump’s actions under the International Emergency Economic Powers Act (IEEPA) lacked clear …

President Donald Trump announced Sunday that the United States will postpone a planned 50% tariff on goods from the European Union until July 9, granting both sides more time to engage in high-level trade negotiations. The decision came after a phone call with European Commission President Ursula von der Leyen, …

President Donald Trump on Friday threatened to impose a sweeping 50% tariff on all European Union imports, escalating a transatlantic trade dispute and sending shockwaves through global financial markets. In a post on his Truth Social platform, Trump declared trade talks with the E.U. were “going nowhere” and said the …

United States  Attorney General Pam Bondi sold millions of dollars’ worth of stock in Trump Media and Technology Group — the parent company of Truth Social — on April 2, the same day former President Donald Trump announced sweeping tariffs on foreign goods, according to a government ethics transaction report …

The United States and China announced Monday a 90-day suspension of major tariffs, marking a dramatic de-escalation in a trade war that had rattled global markets and strained relations between the world’s two largest economies. Under the deal, U.S. tariffs on Chinese imports will drop from 145% to 30%, while …

President Donald Trump announced on Sunday his intention to impose a sweeping 100% tariff on all foreign-produced films entering the United States, arguing that other countries are “stealing” Hollywood’s business and using film as a tool of propaganda. “Hollywood, and many other areas within the U.S.A., are being devastated,” Trump …

President Donald Trump, in a sweeping interview with NBC’s Kristen Welker at Mar-a-Lago, defended his embattled economic strategy and escalated his administration’s conflict with elite academic institutions, most notably Harvard University. As signs of economic strain emerge, Trump is urging Americans to endure short-term hardship in pursuit of what he …

Senate Republicans defended President Donald Trump’s emergency tariffs Wednesday, blocking a largely symbolic measure to terminate the president’s import taxes that have shocked the economy. The resolution failed in a tied 49-49 vote Wednesday evening. Vice President J.D. Vance broke the tie on a subsequent procedural vote to stop the measure from …

President Donald Trump is blaming former President Joe Biden for the worst stock market performance in a new administration’s first 100 days since Richard Nixon — even as economists and investors tie recent declines to Trump’s own sweeping tariff policies. On Wednesday, the Commerce Department reported that the U.S. economy …

President Donald Trump on Wednesday appeared to concede that his aggressive tariff policy on Chinese imports may lead to higher prices and fewer consumer goods, particularly toys, but insisted the burden is falling more on China than U.S. families. “Maybe the children will have two dolls instead of 30,” Trump …

Amazon has scrapped an internal proposal to display tariff-related import charges on its Amazon Haul platform, following sharp backlash from the White House and a direct call from President Donald Trump to Amazon founder Jeff Bezos. The idea, never implemented, would have disclosed how much Trump-era tariffs added to the …

In a late-night development Friday, U.S. Customs and Border Protection released guidance clarifying that smartphones, laptops, and other core tech components will be exempt from President Donald Trump’s new 145% tariffs on Chinese goods, offering critical relief to major U.S. tech firms like Apple. The decision comes just weeks after …

A rapid rise in the stock market following President Donald Trump’s Truth Social post encouraging Americans to buy stocks — shortly before his surprise announcement easing tariffs — has sparked a growing demand among Democrats for a federal investigation into possible insider trading or market manipulation. At the center of …

In a stunning reversal, President Donald Trump announced Wednesday that he is pausing his most aggressive round of tariff hikes for 90 days for most U.S. trading partners—while simultaneously increasing duties on China to an unprecedented 125%. Trump’s decision, shared in a social media post at 1:26 p.m., came just …