Tag Archives: Tariffs

In a rare challenge to President Donald Trump, a group of Senate Republicans joined Democrats on Wednesday to pass a resolution blocking tariffs on Canadian imports. The Senate voted 51-48 in favor of the measure, with four Republicans—Sens. Susan Collins (Maine), Rand Paul (Kentucky), Mitch McConnell (Kentucky), and Lisa Murkowski …

President Donald Trump has unveiled a sweeping set of tariffs on imports from around the world, including a baseline 10% tariff on all U.S. imports and higher “reciprocal tariffs” on specific countries, in an aggressive move to reshape U.S. trade policy. The announcement, made Wednesday in the White House Rose …

The U.S. stock market suffered its worst quarter in over two years, with the S&P 500 falling 4.5% and the Nasdaq plunging 10.4% in the first three months of 2025. The Dow Jones Industrial Average fared slightly better but still recorded a 1.3% decline, marking its first back-to-back monthly loss …

President Donald Trump announced Sunday that his upcoming reciprocal tariffs will apply to all nations, rather than being limited to 10 to 15 countries with the largest trade imbalances. Speaking to reporters aboard Air Force One, Trump reaffirmed his commitment to leveling the global trade playing field, stating: “You’d start …

President Donald Trump remains unmoved by concerns that his recent trade policies will lead to increased car prices, saying he “couldn’t care less” if automakers raise prices due to new tariffs. In a wide-ranging interview with NBC News on Saturday, Trump defended his decision to impose a 25% tariff on …

President Donald Trump announced Wednesday that the U.S. will impose a 25% tariff on all imported cars and auto parts, a move expected to drive up new car prices and disrupt the auto industry. The White House later clarified that foreign-made auto components—even those used in cars assembled in the …

The European Union released a lengthy list Wednesday of U.S. goods, from Kentucky bourbon to household appliances, slated for retaliatory tariffs in response to President Donald Trump’s taxes on steel and aluminum imports that went into effect overnight. The 27-nation bloc announced late Tuesday it plans to impose the countermeasures …

President Donald Trump is brushing off concerns from business leaders over his planned tariffs on major U.S. trading partners, dismissing fears of economic uncertainty and the potential for a recession. Despite market turmoil and warnings from economists, Trump remains firm on his approach, asserting that the policy will ultimately benefit …

President Donald Trump has granted temporary exemptions to sweeping tariffs imposed earlier this week on goods coming from Mexico and Canada, the White House announced Thursday. The decision comes after intense pushback from businesses and investors concerned about the economic impact of the new trade measures. The exemptions apply to …

In a move to alleviate pressure on American automakers, President Donald Trump has granted a one-month exemption from the latest round of trade tariffs, White House press secretary Karoline Leavitt announced Wednesday. The decision follows discussions between Trump and executives from Ford, General Motors, and Stellantis, collectively known as the …

President Donald Trump has moved forward with sweeping tariffs on nearly all imports from Canada and Mexico, marking a major escalation in global trade tensions. The U.S. will begin collecting a 25% tariff on most goods and a 10% levy on Canadian energy products, while also increasing tariffs on Chinese …

President Donald Trump signed an executive order Monday imposing 25% tariffs on all steel and aluminum imports into the United States, marking a significant escalation in his administration’s trade policy. “This is a big deal, the beginning of making America rich again,” Trump declared during the signing ceremony in the …

President Donald Trump announced Monday that he will pause planned tariffs on imports from Mexico and Canada for 30 days, as both nations take steps to address his concerns over illegal immigration and drug trafficking. The decision follows a tense few days of economic uncertainty, with investors, businesses, and political …

The Trump administration’s planned tariffs on Mexico have been put on hold for one month, Mexican President Claudia Sheinbaum announced Monday after a phone call with President Donald Trump. The agreement comes as Mexico commits to deploying 10,000 National Guard troops to the U.S.-Mexico border to curb illegal migration and fentanyl …

President Donald Trump has announced a new wave of tariffs on America’s three largest trading partners—Mexico, Canada, and China—raising concerns about inflation, economic growth, and international trade relations. What Are Trump’s New Tariffs? ✅ 25% tariff on Mexican imports ✅ 25% tariff on Canadian imports ✅ 10% tariff on Chinese …