Congress Has Always Held the Power over Tariffs
The House has finally rebuked President Trump over his unilateral trade war. Source link
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Trump Tariffs
The Hidden Costs of Trump’s Tariffs
Imposing tariffs diverts resources to lobbying efforts that could have been used for productive purposes. Source link
Donald Trump Renews Global Trade War With Canada Facing 35% Tariff
President Donald Trump has launched a fresh assault on global trading partners with Canada likely to be among the worst hit. In a letter sent to its northern neighbor late on Thursday,…
Canada Drops Digital Services Tax at 11th Hour, Backing Down After Trump Terminated Trade Talks Over the Issue
Just hours before Canada’s new Digital Services Tax was set to go into effect, the Canadian government announced that it rescinded the levy “in anticipation of a mutually beneficial…
Trump Responds Angrily to Question About Wall Street’s ‘TACO Trade,’ Meaning ‘Trump Always Chickens Out’ on His Tariff Threats: ‘It’s Called Negotiation’
At a White House press briefing Wednesday, President Trump was asked about a new term circulating on Wall Street: The “TACO trade,” which stands for “Trump always chickens out” when it has…
Trump Tariffs Could Hike Prices on Smartphones by 31% and Game Consoles by 69%, per Revised CTA Estimates
The U.S.’s biggest consumer electronics trade group has crunched the latest numbers on President Trump’s tariffs — and it’s warning that prices of popular products will soar if the…
Shares of Disney, Netflix and Other Studios Fall After Trump Threatens 100% Tariff on Movies ‘Produced in Foreign Lands’
Shares of entertainment companies including Disney, Netflix, Warner Bros. Discovery and Paramount Global took a hit Monday as investors assessed Hollywood’s potential exposure to President…