Tag: Tariffs

The White House confirmed Thursday that tariffs on Chinese goods will now total 145%, up from 125%, prompting fears of rising prices on common items. With roughly 60% of Walmart’s inventory imported … more: Trump Tariff Hike Could Double Prices on Essentials

Following China’s new export restrictions, demand surged at America’s only rare earths mine, according to the Associated Press. MP Materials’ Mountain Pass site in California can’t meet full U.S. demand, prompting President … more: U.S. Races to Boost Rare Earth Supply After China Limits Exports

As President Trump’s new tariffs rattle global markets, retirees and those nearing retirement are watching Wall Street closely. Financial experts, however, say most should stay the course unless their portfolio is overly aggressive. … more: Retirees Urged to Stay Steady Amid Market Swings

President Donald Trump signaled Monday he may temporarily ease auto tariffs to give carmakers time to shift production to the U.S., according to USA TODAY. The proposed exemption would apply to … more: Trump Weighs Tariff Relief for Auto Industry

The Trump administration has clarified that semiconductors are officially exempt from new reciprocal import tariffs, according to a memorandum issued Friday in connection with Executive Order 14257 and its recent amendments. President … more: Semiconductor Tariff Exemption 2025: What Executive Order 14257 Means for U.S. Imports

As President Donald Trump’s shifting trade policy ripples through global markets, American parents could soon feel the impact where it hurts most: at the checkout aisle. With tariffs rising on imports … more: Tariffs on Baby Products Could Raise Prices on Formula, Diapers, Car Seats in 2025

A wide majority of American voters believe President Donald Trump’s new round of tariffs is damaging the U.S. economy, according to a Quinnipiac University national poll released April 9, 2025. Seventy-two percent … more: Most Americans Say Trump’s 2025 Tariffs Are Hurting the Economy

The Biden-era approach is out. The Trump administration says it's reversing decades of failed trade policy with aggressive tariffs — and they argue the results speak for themselves. In a statement released … more: White House Defends Trump’s 2025 Tariffs as Catalyst for U.S. Manufacturing Revival

A group of high-profile Senate Democrats is demanding a federal and state investigation into whether President Donald Trump or members of his inner circle used non-public information for personal financial gain … more: Senate Democrats Call for Insider Trading Investigation Over Trump’s 2025 Tariff Flip

Trump Freezes Some Tariffs, Escalates Trade War with China In a stunning about-face, President Donald Trump has announced a 90-day freeze on new tariffs affecting dozens of countries — a move that … more: Trump’s Tariff Pause Sparks Market Rebound, But Congress Slams Chaos and Consumer Costs

President Donald Trump’s sweeping tariffs announced on April 2, 2025, are already sending shockwaves through American wallets, with prices climbing on everything from avocados and apple juice to SUVs and steel beams. … more: Trump Tariffs Hit Hard: Prices Spike Nationwide

What’s New: Public Opinion Turns Against Trump’s Foreign Policy Strategy A new Pew Research Center survey released April 8, 2025, reveals that Americans largely disapprove of President Donald Trump’s early foreign policy … more: Trump’s 2025 Foreign Policy Draws Mixed to Negative Reviews, Pew Survey Finds

Senate Majority Leader Chuck Schumer is sounding the alarm over what he calls the “largest, dumbest trade war in American history.” In a scathing floor speech, Schumer condemned former President Donald Trump’s … more: Chuck Schumer: Trump’s Tariffs Are Fueling Inflation and Risking a Recession

President Donald Trump’s sweeping new tariffs—pitched as a “declaration of American economic independence”—are already sending shockwaves through global markets. From groceries to gadgets, the cost of everyday life in the United … more: How Trump’s Tariffs will affect everyday Americans

Global markets are reeling, economists are alarmed, and American consumers are bracing for price hikes. The catalyst? Former President Donald Trump’s sweeping new tariffs, which he claims are aimed at strengthening the … more: Tariffs and Trump: Economic Turmoil Meets Constitutional Crisis

Governor Kathy Hochul sounded the alarm this week over sweeping new tariffs announced by President Donald Trump. She called them “nothing short of the largest tax increase in American history” and warned they … more: Hochul: Tariffs will have “cataclysmic” impact on New York economy

Wall Street plunged Thursday morning as President Donald Trump’s sweeping new tariffs rattled investors and stoked fears of a 2025 recession — both in the U.S. and around the globe. Markets opened … more: Stocks Crash and Recession Fears Spike After Trump’s Global Tariff Move

Trump’s New Tariffs Could Push the U.S. Into Recession, Economists Say President Donald Trump’s sweeping new tariff plan is raising red flags across the global economic community. Experts warn the strategy … more: Trump Recession: Tariffs Could Trigger U.S. Recession and Surge Inflation

Travel between the United States and Canada is taking a major hit. Amid rising trade tensions and tighter border controls, Canadian travelers are avoiding flights to the U.S., leading to a sharp … more: US-Canada Travel Plunges as Canadians Avoid Flights Amid Trade Tensions