Congress Has Always Held the Power over Tariffs
The House has finally rebuked President Trump over his unilateral trade war. Source link
Tag
Tariffs
Sourcing Upheaval Is Giving Mass Retailers a Reason to Bypass Shoe Wholesalers
Shoe firms manufacturing private label lines for mass discounters could see challenges ahead. For the better part of 2025, U.S. President Donald Trump’s trade policies and reciprocal…
Trump claims his tariffs have ignited an ‘economic miracle’ for the U.S. Here are the facts
Looking back on the first year of his second term, President Donald Trump boasts that he has resurrected the American economy by imposing big import taxes on foreign products. He made his…
Trump cuts tariffs on India to 18% after Modi agrees to stop buying Russian oil
President Donald Trump said Monday that he plans to lower tariffs on goods from India to 18%, from 25%, after Indian Prime Minister Narendra Modi agreed to stop buying Russian oil. The…
Months later, the Supreme Court still hasn’t decided on Trump’s emergency tariffs. Here’s why
When the Supreme Court granted an unusually quick hearing over President Donald Trump’s tariffs, a similarly rapid resolution seemed possible. After all, Trump’s lawyers told the court…
Trump is threatening to hike tariffs on these South Korean goods. Here’s why
President Donald Trump said Monday he is increasing tariffs on South Korean goods because the country’s legislature has yet to approve the trade framework announced last year. Trump said…
Trump threatens to hike tariffs on South Korean goods to 25% over inaction on trade deal
President Donald Trump says he is increasing tariffs on South Korean goods because the country's national assembly has yet to approve the trade framework affirmed in October. Source link
Transcript: Trump Wrecks Own Case for Tariffs in Truly Weird Tirade
Sargent: To circle back to where this all started, Trump just revealed yet again that the whole thing is really absurd. So we talked earlier about how he recently threatened tariffs on…
Trump Accidentally Wrecks His Own Case for Tariffs in 3 Crazed Tirades
The Supreme Court is about to rule on Donald Trump’s tariffs, which lower courts deem illegal. But guess what: Trump himself has badly undermined his own case for them. He’s claimed broad…
India to slash tariffs on cars to 40% in trade deal with EU: sources
India plans to slash tariffs on cars imported from the European Union to 40 per cent from as high as 110 per cent, sources said, in the biggest opening yet of the country’s vast…
Carney says Canada will respect USMCA commitments after Trump threatens 100% tariffs
Canadian Prime Minister Mark Carney on Sunday tried to turn down the heat in an increasingly acrimonious back-and-forth with U.S. President Trump, telling reporters his country had no…
STI, Asian markets rebound after Trump backs off on Greenland tariffs
Asian markets rebounded on Thursday (Jan 22) morning as Wall Street closed higher after news that a Greenland deal framework has been reached. US President Donald Trump said that he would…
The Largest Tariffs Are on American Job Creation
A lesson for 2026: Protectionism delivers economic harm without the promised gains. Source link
Trump Greenland Threats, Tariff Jitters Send Shoe Stocks Tumbling
U.S. President Donald Trump‘s new tariff threats and general investor anxiety over Greenland ignited a stock selloff on Tuesday that included shares of shoe companies. Trump has threatened…
EU members consider the ‘trade bazooka’ to handle Trump’s tariffs threats over Greenland
French President Emmanuel Macron says the European Union “should not hesitate” to use the trade bloc’s Anti-Coercion Instrument in face of U.S. President Donald Trump’s tariff threats over…
Gold, silver hit fresh highs as Trump’s Greenland tariffs rattle European markets
Gold and silver scaled new all-time highs on Monday (Jan 19), as investors continued to pour money into safe-haven assets following the Trump administration’s latest tariff salvo – this…
Luxury Stocks Hit by U.S. Tariff Threat
PARIS – Luxury stocks took a beating Monday morning in the wake of U.S. President Donald Trump’s announcement Saturday that he will hit a group of European nations with tariffs if his…
British leader tells Trump that tariffs on Europe over Greenland are 'wrong'
British Prime Minister Keir Starmer told President Trump on Sunday that it is "wrong" to impose tariffs on European nations that refuse to back his push to acquire Greenland. Source link
Lutnick warns some South Korean, Taiwanese firms may face 100% chip tariffs unless they invest in US
US Commerce Secretary Howard Lutnick said South Korean memory chipmakers and Taiwanese companies that are not investing in the US may face up to 100 per cent tariffs unless they commit to…
Trump threatens tariffs for countries if they oppose U.S. control of Greenland
U.S. President Donald Trump suggested Friday that he may punish countries with tariffs if they don’t back the U.S. controlling Greenland, a message that came as a bipartisan Congressional…
Canada cuts tariff on Chinese EVs in exchange for lower tariffs on Canadian farm products
Breaking with the United States, Canada has agreed to cut its 100% tariff on Chinese electric cars in return for lower tariffs on Canadian farm products, Prime Minister Mark Carney said…
China’s trade surplus soared to a record $1.2 trillion in 2025, despite Trump’s tariffs
China’s trade surplus surged to a record of almost $1.2 trillion in 2025, the government said Wednesday, as exports to other countries made up for slowing shipments to the U.S. under…
Asian stocks ease, dollar firms ahead of jobs report, ruling on tariffs
Asian stocks drifted lower and the dollar stood tall on Friday ahead of a crucial jobs report, while investors girded for a Supreme Court ruling on the legality of President Donald Trump’s…