Trump is considering a national economic emergency declaration …
2 days ago · President-elect Donald Trump is considering declaring a national economic emergency to provide legal justification for a large swathe of universal tariffs on allies and adversaries, four sources ...
Trump warns of new tariffs against Canada, Mexico, EU. And …
3 days ago · The president-elect made the remarks during a press conference at Mar-a-Lago.
Top Fed official backs new rate cuts even if Trump tariffs materialize
2 days ago · WASHINGTON (AP) — A top policymaker at the U.S. Federal Reserve said Wednesday that he still supports cutting interest rates this year, despite elevated inflation and the prospect of widespread tariffs under the incoming Trump administration.. Christopher Waller, an influential member of the Fed’s board of governors, said he expects inflation will move closer to the Fed’s 2% target in ...
Tariff Winners, Losers and How Trump’s Economic Plans Will …
Dec 13, 2024 · Trump’s first term tariffs on both American workers increased tariff revenue, according to liberal centrist think tank the Brookings Institution in 2020, “President Trump used this power to ...
Tariffs news - Today’s latest updates - CBS News
Trump mentioned tariffs, funds for Ukraine's war against Russia, vaccines and the drone mystery in the U.S. CBS News political director Fin Gómez reports. Dec 16, 2024 08:09
What Trump’s latest tariff plan means for the US | AP News
Nov 26, 2024 · The tariff rates range from passenger cars (2.5%) to golf shoes (6%). Tariffs can be lower for countries with which the United States has trade agreements. For example, most goods can move among the United States, Mexico and Canada tariff-free because of Trump’s US-Mexico-Canada trade agreement.
Trump favors huge new tariffs. What are they ... - Associated Press News
Sep 27, 2024 · This week, a report from the Peterson Institute for International Economics concluded that Trump’s main tariff proposals – assuming that the targeted countries retaliated with their own tariffs — would slash more than a percentage point off the U.S. economy by 2026 and make inflation 2 percentage points higher next year than it otherwise would have been.
Tariffs | US News
1 day ago · US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. ... Global Money Market Funds Draw Huge Inflows on Caution Over Potential Tariffs. Reuters Jan. 10 ...
Can Trump impose tariffs without Congress? It's complicated ... - CBS News
Nov 26, 2024 · By another estimate, a 20% general tariff on all imported goods, combined with a 60% tariff on goods imported from China, would cost the typical U.S. households more than $2,600 a year.
Biden increases tariffs on $18 billion in Chinese imports in a ... - CNN
May 14, 2024 · After Trump unveiled his wide-ranging tariff policy, China slapped tariffs on $101.4 billion in US exports, retaliation that the Brookings Institute estimated affected 294,000 American export ...