Fact check: Trump and Vance keep falsely describing how tariffs work
3 months, 2 weeks ago

Fact check: Trump and Vance keep falsely describing how tariffs work

CNN  

Washington CNN — Former President Donald Trump and Republican vice presidential nominee Sen. JD Vance continue to falsely describe how one of their major policy proposals, across-the-board tariffs, would work. It’s a tax on another country.” And he said again during a rally in Wisconsin Saturday that “it’s not going to be a cost to you, it’s going to be a cost to another country.” Vance said in late August that as a result of tariffs Trump imposed during his presidency, “prices went down for American citizens.” “They went up for the Chinese but they went down for our people,” Vance added. But study after study, including one from the federal government’s bipartisan US International Trade Commission, have found that Americans have borne almost the entire cost of Trump’s tariffs on Chinese products. Some goods affected by Trump’s tariffs saw “sharp price increases,” but overall, the tariffs’ impact on retail prices “is more mixed,” one study published in 2019 found. A report Trump was required to send to Congress in 2018 about the washing machine tariffs said that the duties would “provide an impetus for importers to increase their prices.” In fact, the tariffs were put in place in response to Whirlpool’s complaint that washing machines made in South Korea and Mexico were being sold in the US for less than they cost to produce.

China Tax Prices Price Washing Machines Cost Vance Cnn Chinese Tariffs Study Goods Washing Tariff Other Countries Ust Ferry Check Trump  vance  check  trump  work  prices  goods  study  tariff  tariffs  falsely  fact  cost  describing  washing  tax  price

History of this topic

US manufacturers are stocking up on imports ahead of tariffs
1 week, 3 days ago

US manufacturers are stocking up on imports ahead of tariffs

Live Mint  

U.S. manufacturers are stockpiling imported parts and raw materials in anticipation of President-elect Donald Trump imposing new tariffs next year. U.S. industrial manufacturers and consumer-packaged-goods companies are buying up critical parts and raw materials, such as emulsifiers and flavor enhancers, driving up demand, according to GEP, a supply-chain software company that gathers the data. U.S. businesses are giving priority to …

The possibility of tariffs in Trump's second term is dividing U.S. businesses
1 week, 5 days ago

The possibility of tariffs in Trump's second term is dividing U.S. businesses

NPR  

The possibility of tariffs in Trump's second term is dividing U.S. businesses President-elect Trump has called for sweeping tariffs on all imports. HORSLEY: McClelland is counting on Trump's tariffs to raise the price of those imported aluminum goods and give him and other domestic manufacturers a fighting chance. HORSLEY: Even Mark McClelland, the aluminum manufacturer who's rooting for tariffs, admits …

Trudeau on Trump's tariffs: Americans "beginning to wake up" to the cost
2 weeks ago

Trudeau on Trump's tariffs: Americans "beginning to wake up" to the cost

Salon  

Canadian Prime Minister Justin Trudeau said Monday he will retaliate if President-elect Donald Trump enacts tariffs on Canada — and it would make life a lot more expensive for Americans. “Trump got elected on a commitment to make life better and more affordable for Americans, and I think people south of the border are beginning to wake up to the …

Trump is threatening to raise tariffs again. Here’s how China plans to fight back
2 weeks ago

Trump is threatening to raise tariffs again. Here’s how China plans to fight back

LA Times  

President-elect Donald Trump has threatened to impose new tariffs on Chinese imports when he takes office, a move that would deepen a trade war he started six years ago. Trump kicked off a trade war in 2018 by imposing 25% tariffs on imports from China — including industrial machinery, cars, auto parts and television cameras. Last week, the U.S. expanded …

The case for Donald Trump’s tariffs
2 weeks ago

The case for Donald Trump’s tariffs

CNN  

New York CNN — President-elect Donald Trump views tariffs as a not-so-secret weapon — one that can be deployed to pressure friends and foes alike to address issues from drug trafficking and illegal immigration to threats to the dominance of the US dollar. Trump once dubbed himself “Tariff Man” and recently celebrated these import taxes as “the greatest thing ever …

After Threatening Hefty Tariffs, Trump Says Canada And Mexico Should Become A US State
Trending News
2 weeks, 1 day ago

After Threatening Hefty Tariffs, Trump Says Canada And Mexico Should Become A US State

ABP News  

Observing the US is subsidising its two neighbours Canada and Mexico to the tune of USD 100 billion and USD 300 billion, respectively, incoming US President Donald Trump on Sunday said that if that is the case then these two countries better be a part of America. Trump, 78, has threatened to impose hefty tariffs on both Canada and Mexico …

Trump "can't guarantee" his tariffs won't raise prices for American families
Top News
2 weeks, 1 day ago

Trump "can't guarantee" his tariffs won't raise prices for American families

Salon  

President-elect Donald Trump on Sunday said he “can’t guarantee” that American consumers won’t pay higher prices under his proposed tariff plan in an interview on NBC’s “Meet the Press.” “I can’t guarantee anything. I can’t guarantee tomorrow,” Trump told NBC News host Kristen Welker after she asked him whether he could guarantee American families won’t pay more if he chooses …

Donald Trump 'Can't Guarantee' Tariffs Won't Cost Americans More
2 weeks, 1 day ago

Donald Trump 'Can't Guarantee' Tariffs Won't Cost Americans More

Huff Post  

LOADING ERROR LOADING Donald Trump says he can’t guarantee his plan to impose sweeping tariffs on America’s top trade partners won’t hurt people’s pocketbooks. I can’t guarantee tomorrow.” But during his first major interview since November’s election, he told host Kristen Welker he still believed imposing tariffs on goods from China, Canada, Mexico and beyond would “cost Americans nothing,” contrary …

Trump's Tariffs In His First Term Did Little To Alter Economy — But This Time May Be Different
3 weeks, 4 days ago

Trump's Tariffs In His First Term Did Little To Alter Economy — But This Time May Be Different

Huff Post  

LOADING ERROR LOADING WASHINGTON — Donald Trump loved to use tariffs on foreign goods during his first presidency. Republican presidential nominee former President Donald Trump listens during a campaign rally at Santander Arena, Monday, Nov. 4, 2024, in Reading, Pa. via Associated Press Trump also posted on Monday that Chinese imports would face additional tariffs of 10% until Beijing cracks …

Wall Street’s response to more tariffs: Been there, done that
3 weeks, 4 days ago

Wall Street’s response to more tariffs: Been there, done that

Live Mint  

Wall Street isn’t thrilled about the return of Donald Trump’s tariff threats. His newly proposed 25% tariffs on imports from Canada and Mexico—the U.S.’s two largest trading partners—would add 0.8 percentage point to a key inflation gauge next year if just half of the costs are passed on to consumers, according to a Deutsche Bank analysis. The two countries, along …

Trump’s 'terrible' proposal is 'a preview of the corruption to come': columnist
3 weeks, 5 days ago

Trump’s 'terrible' proposal is 'a preview of the corruption to come': columnist

Raw Story  

President-elect Donald Trump’s signature economic plan of raising tariffs on imported goods could cause more harm to the economy than good, and offer a pathway toward a corrupt second administration, a columnist wrote Wednesday. Trump has long considered increased tariffs on certain foreign countries a “brilliant” strategy, but the reality is they could lead to disastrous effects and showcase how …

Trump’s tariffs in his first term did little to alter the economy, but this time could be different
Trending News
3 weeks, 5 days ago

Trump’s tariffs in his first term did little to alter the economy, but this time could be different

Associated Press  

WASHINGTON — Donald Trump loved to use tariffs on foreign goods during his first presidency. House Democrats put together legislation to strip a president’s ability to unilaterally apply tariffs this drastic, warning that they would likely lead to higher prices for autos, shoes, housing and groceries. Trump’s first term tariffs had a modest impact on economy Trump imposed tariffs on …

'Significant consequences': Major bank comes out swinging against Trump’s latest plan
Trending News
3 weeks, 5 days ago

'Significant consequences': Major bank comes out swinging against Trump’s latest plan

Raw Story  

Critics of President-elect Donald Trump's proposal for aggressive new tariffs were hoping he would back down from that idea — but he announced this week that he plans to move forward as soon as he is sworn into office — and proposed 25% across-the-board tariffs on all goods imported into the United States from Mexico and Canada. "The 25% levy …

Jimmy Kimmel details shocking flaw in Donald Trump's tariffs plan, will American wallets suffer?
3 weeks, 5 days ago

Jimmy Kimmel details shocking flaw in Donald Trump's tariffs plan, will American wallets suffer?

Hindustan Times  

Jimmy Kimmel has laid out a potential flaw in president-elect Donald Trump’s plan to impose a 25% tariff on all imports from Canada and Mexico on the day he takes office. Jimmy Kimmel details shocking flaw in Donald Trump's tariffs plan However, Kimmel has pointed out that some of Trump's own merchandise was made in these countries. “If you want …

Live updates: Latest on Trump presidential transition news
54 years, 11 months ago

Live updates: Latest on Trump presidential transition news

CNN  

Trucks wait to cross to the US next to the border wall at the Otay commercial crossing port in Tijuana, Baja California state, Mexico, on November 26, 2024. Guillermo Arias/AFP/Getty Images Anyone who had any doubt that Donald Trump’s love of tariffs is true should take note of his new promise, for Day 1 of his presidency, to slap products …

What Trump’s new tariff threats mean for the US economy
Trending News
3 weeks, 6 days ago

What Trump’s new tariff threats mean for the US economy

Live Mint  

The stiff duties that President-elect Donald Trump threatened against the U.S.’s neighbors and big trading partners, along with the additional tariffs he promised against China, could raise prices for Americans on everything from fresh fruit from Mexico to lumber from Canada and Chinese electronics. Trump’s promise to impose 25% tariffs on Canada and Mexico and an additional 10% on Chinese …

Trump's tariff war could cost Americans more than $3,200 a year, experts claim
3 weeks, 6 days ago

Trump's tariff war could cost Americans more than $3,200 a year, experts claim

Daily Mail  

American consumers would bear the brunt of Donald Trump's proposed tariffs, new analysis showed on Tuesday night as the world braced for a new era of U.S. protectionist policies. Trump proposed tariffs including the threats made to China, Mexico and Canada on Monday could lead to an increase in costs for every consumer annually, analysis found But even before the …

Mexico warns Trump-proposed tariffs to cost 400,000 US jobs
3 weeks, 6 days ago

Mexico warns Trump-proposed tariffs to cost 400,000 US jobs

Al Jazeera  

Mexico emphasises interconnectedness of economic ties with US – and the mutual threat of tariffs. Mexico’s president and economy minister have given the clearest picture yet of how their government will respond to United States President-elect Donald Trump’s proposed tariffs on the country, which their government has warned will cost 400,000 US jobs. “If there are US tariffs, Mexico would …

Searches of ‘who pays for tariffs’ sees massive spike after Trump’s announcement
3 weeks, 6 days ago

Searches of ‘who pays for tariffs’ sees massive spike after Trump’s announcement

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. During his last administration, Trump issued tariffs on steel and aluminum coming from the …

'Surely illegal': Paul Krugman pulls the lid off Trump's new economic scheme
3 weeks, 6 days ago

'Surely illegal': Paul Krugman pulls the lid off Trump's new economic scheme

Raw Story  

Nobel Prize-winning economist and New York Times columnist Paul Krugman on Tuesday examined President-elect Donald Trump's new threats to slap tariffs on all Canadian and Mexican products — and concluded that he's likely not bluffing. Writing on his Bluesky account, Krugman downplayed claims that the tariffs are a four-dimensional chess play by Trump to extract new concessions from America's two …

Trump threatens China, Mexico and Canada with new tariffs. But what does this actually mean for American shoppers?
3 weeks, 6 days ago

Trump threatens China, Mexico and Canada with new tariffs. But what does this actually mean for American shoppers?

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Trump is a fan of tariffs, but economists say they …

Trump vows big tariffs on Mexico, Canada and China
Trending News
3 weeks, 6 days ago

Trump vows big tariffs on Mexico, Canada and China

Raw Story  

U.S. President-elect Donald Trump said Monday he intends to impose sweeping tariffs on goods from Mexico, Canada and China, prompting a swift warning from Beijing that "no one will win a trade war." In another post, Trump said he would also be slapping China with a 10 percent tariff, "above any additional Tariffs," in response to what he said was …

Trump tariffs: It’s one of Trump’s most controversial promises. This is how he might carry it out.
54 years, 11 months ago

Trump tariffs: It’s one of Trump’s most controversial promises. This is how he might carry it out.

Slate  

This article was originally featured in Foreign Policy, the magazine of global politics and ideas. But tariffs are also touted by Trump’s trade sherpas, such as former U.S. Trade Representative Robert Lighthizer, as a way to force manufacturing back to the United States by discouraging pricier imports. If tariffs are just a threatened big stick to get better trade terms …

Trump reveals first-day plans, new tariffs on Canada, Mexico and China
4 weeks ago

Trump reveals first-day plans, new tariffs on Canada, Mexico and China

Firstpost  

If Trump were to move forward with the threatened tariffs, the new taxes would pose an enormous challenge for the economies of Canada and Mexico, in particular President-elect Donald Trump is threatening to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and …

Trump: Huge tariffs coming for consumers who buy from China, Mexico and Canada
Trending News
4 weeks ago

Trump: Huge tariffs coming for consumers who buy from China, Mexico and Canada

Raw Story  

Donald Trump wants everyone to know, he's going to make good on his tariff threats on day one. "I have had many talks with China about the massive amounts of drugs, in particular Fentanyl, being sent into the United States – But to no avail," wrote Trump. "As everyone is aware, thousands of people are pouring through Mexico and Canada, …

Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office
4 weeks ago

Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office

Associated Press  

NEW YORK — President-elect Donald Trump threatened to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his effort to crack down on illegal immigration and drugs. “On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% …

Trump vows big tariffs on China, Mexico, Canada over immigration, drug smuggling
4 weeks ago

Trump vows big tariffs on China, Mexico, Canada over immigration, drug smuggling

India Today  

President-elect Donald Trump on Monday pledged big tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars. "On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on …

Trump tries to force other countries to negotiating table on immigration and trade with promise to hike tariffs
4 weeks ago

Trump tries to force other countries to negotiating table on immigration and trade with promise to hike tariffs

CNN  

CNN — President-elect Donald Trump’s pledge to impose massive tariffs was an early warning shot to try to force the hand of allies and adversaries to come to the negotiating table on immigration and trade issues, a transition official told CNN. “We know what works.” Trump’s posts Monday on Truth Social appeared to be the opening act in a long-promised …

What are Trump’s plans for tariffs on China, Canada and Mexico?
4 weeks ago

What are Trump’s plans for tariffs on China, Canada and Mexico?

Al Jazeera  

US president-elect has promised to impose tariffs for as long as drugs and undocumented migrants flow into the country. United States President-elect Donald Trump has threatened to impose sweeping tariffs on the United States’s three largest trading partners – Canada, Mexico and China – as soon as he takes office on January 20. “About the issue of US tariffs on …

Donald Trump vows to slap 25 per cent tariffs on Mexico, Canada, China
4 weeks ago

Donald Trump vows to slap 25 per cent tariffs on Mexico, Canada, China

New Indian Express  

WASHINGTON: US President-elect Donald Trump said Monday he intends to impose a 25 percent tariff on goods from Mexico and Canada, along with a 10 percent tariff on imports from China in response to the illegal drug trade and immigration. In a series of posts to his Truth Social social media account, Trump vowed to hit some of the United …

Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China on Day 1
4 weeks, 1 day ago

Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China on Day 1

CNN  

CNN — President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration, a policy that could sharply increase costs for American businesses and consumers. “This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this …

Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office
4 weeks, 1 day ago

Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office

LA Times  

President-elect Donald Trump speaks at a meeting of the House GOP conference this month in Washington. President-elect Donald Trump is threatening to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs. “On January 20th, as one of my many first Executive …

Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China on Day 1
4 weeks, 1 day ago

Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China on Day 1

CNN  

CNN — President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration, a policy that could sharply increase costs for American businesses and consumers. “This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this …

'We’re not immune': Walmart warns price hikes ahead if Trump follows through with plan
1 month ago

'We’re not immune': Walmart warns price hikes ahead if Trump follows through with plan

Raw Story  

Walmart — the world's largest retailer — issued a warning to customers that they may pay more for the same products if President-elect Donald Trump makes good on his promise to impose new tariffs on imports. Walmart's finance chief, John David Rainey, acknowledged that new tariffs would likely be passed on to the people buying goods imported from overseas, Fortune …

CNN host brushes off Trump ally's two-minute tap-dance on controversial policy
1 month ago

CNN host brushes off Trump ally's two-minute tap-dance on controversial policy

Raw Story  

CNN's Kate Bolduan dismissively brushed off Donald Trump's surrogate's filibuster on the economy. Major retailers like Walmart and Lowe's have already warned that consumer prices would increase if the president-elect follows through on his campaign promise to impose tariffs on Chinese imports, but Trump ally Madison Gesiotto insisted that most economists were wrong about their potentially "catastrophic" impact. When I …

American companies are stocking up to get ahead of Trump’s China tariffs
1 month ago

American companies are stocking up to get ahead of Trump’s China tariffs

Live Mint  

By 9 p.m. on election night, it had become clear to Jason Junod that Donald Trump was returning to the White House. When Trump began his trade war against China in 2018, U.S. businesses scrambled to front-load imports before tariffs were implemented, according to an International Monetary Fund analysis. Though China’s share of U.S. imports has declined to roughly 14% …

Canada shares U.S. concerns about Mexican trade with China as possible trade talks loom
1 month ago

Canada shares U.S. concerns about Mexican trade with China as possible trade talks loom

Associated Press  

TORONTO — Canada’s point person for U.S-Canada relations said Tuesday she shares U.S. concerns about Mexico serving as a back door for China to import cheaper goods into the North American market as a review of the trade pact known as the U.S.-Mexico-Canada Agreement looms. Deputy Prime Minister Chrystia Freeland said members of the outgoing administration of U.S. President Joe …

Consumers to bear brunt of US tariffs
1 month ago

Consumers to bear brunt of US tariffs

China Daily  

Retailers concerned over prospects of Trump's levy plans, observers say US retailers are creating contingency plans to deal with the prospect of President-elect Donald Trump's proposed tariffs as he heads back to the White House. Under Trump's plan, US citizens could lose between $46 billion and $78 billion in spending power per year on products like clothing, toys, furniture, appliances …

Consumers to bear brunt of US tariffs
Top News
1 month ago

Consumers to bear brunt of US tariffs

China Daily  

By BELINDA ROBINSON in New York | China Daily | Updated: 2024-11-18 09:21 US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC on November 13, 2024. Under Trump's plan, US citizens could lose between $46 billion and $78 billion in spending power per year on products like clothing, toys, furniture, …

Consumers to bear brunt of US tariffs
Top News
1 month ago

Consumers to bear brunt of US tariffs

China Daily  

US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC on November 13, 2024. Under Trump's plan, US citizens could lose between $46 billion and $78 billion in spending power per year on products like clothing, toys, furniture, appliances and travel goods, the National Retail Federation said. Tiffany Smith, vice-president of …

Consumers to bear brunt of US tariffs
Top News
1 month ago

Consumers to bear brunt of US tariffs

China Daily  

US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC on November 13, 2024. Under Trump's plan, US citizens could lose between $46 billion and $78 billion in spending power per year on products like clothing, toys, furniture, appliances and travel goods, the National Retail Federation said. Tiffany Smith, vice-president of …

Consumers to bear brunt of US tariffs
Top News
1 month ago

Consumers to bear brunt of US tariffs

China Daily  

By BELINDA ROBINSON in New York | China Daily | Updated: 2024-11-18 09:21 US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC on November 13, 2024. Under Trump's plan, US citizens could lose between $46 billion and $78 billion in spending power per year on products like clothing, toys, furniture, …

Top Republicans begin push back on core Trump policy
1 month, 1 week ago

Top Republicans begin push back on core Trump policy

Raw Story  

Some Republican senators are being increasingly wary about Donald Trump's plans to impose aggressive tariffs on imported goods — and they're already showing signs of pushback States with large agriculture industries are especially vulnerable to foreign retaliation, and GOP senators from those states expressed concerns about the president-elect's broad tariffs targeting China and Mexico, reported Politico. “There is a place …

Trump's ex-trade chief tries to convince lawmakers higher tariffs won’t tank economy
1 month, 1 week ago

Trump's ex-trade chief tries to convince lawmakers higher tariffs won’t tank economy

Raw Story  

Robert Lighthizer — who served as Donald Trump's U.S. trade representative — is on a mission to "convince lawmakers and the public that their plans for dramatically higher tariffs will energize the economy instead of tanking it," Politico reports. According to a document viewed by POLITICO, the news outlet notes that Lighthizer "and those close to him are preparing to …

Companies have a playbook for tariffs under Trump. It includes price increases.
1 month, 2 weeks ago

Companies have a playbook for tariffs under Trump. It includes price increases.

Live Mint  

Companies are weighing possible price increases in response to any new tariffs proposed under the incoming Trump administration, a step that some finance chiefs say they’re wary of taking as customers feel the strain of inflation. Many big companies have a playbook for handling tariffs after navigating Trump’s first term in office, when he targeted imports from China and aluminum …

Steve Madden to cut goods imported from China by up to 45% as it prepares for Trump’s tariff pledge
1 month, 2 weeks ago

Steve Madden to cut goods imported from China by up to 45% as it prepares for Trump’s tariff pledge

Associated Press  

NEW YORK — Shoe brand Steve Madden will be cutting the goods that it imports from China by as much as 45% next year as it prepares for President-elect Donald Trump’s pledge to slap steep and sweeping tariffs on imports from other countries. But this time, he has gone much further and has proposed a 60% tariff on goods from …

The Impact of Higher Tariffs On Inflation In The U.S. And Global Trade Dynamics
1 month, 2 weeks ago

The Impact of Higher Tariffs On Inflation In The U.S. And Global Trade Dynamics

The Quint  

Understanding Tariffs and Inflation What Are Tariffs? The intent behind tariffs typically includes protecting domestic industries from foreign competition, raising government revenue, and influencing international trade balances. In January 2018, the Trump administration imposed up to 30% tariffs on imported solar panels to protect U.S. manufacturers from foreign competition, particularly from countries like China. This action aimed to promote the …

ALEX BRUMMER: Trump tariff plans pose threat to growth
Trending News
1 month, 2 weeks ago

ALEX BRUMMER: Trump tariff plans pose threat to growth

Daily Mail  

Detailed exit polling will eventually show why Republicans with Donald Trump on the top of the ballot were triumphant in the US election. Even though the Biden White House can claim success for growth, which hit 2.7 per cent in the third quarter, there was little cut-through for the Democrats. Tariffs: On the campaign trail, Trump proposed a 60% additional …

Donald Trump Threatens 25% Tariff On Mexico In Retaliation For Border Crossings
1 month, 2 weeks ago

Donald Trump Threatens 25% Tariff On Mexico In Retaliation For Border Crossings

Huff Post  

LOADING ERROR LOADING Former President Donald Trump said Monday that he’d slap new tariffs on goods from Mexico in retaliation for illegal border crossings if he returns to office. Speaking at a campaign event in Raleigh, North Carolina, Trump said one of the first things he’d do if he wins the White House would be to call Mexican President Claudia …

Walz mocks Trump for not knowing ‘how a tariff works’ as ‘massive’ price hikes loom
1 month, 3 weeks ago

Walz mocks Trump for not knowing ‘how a tariff works’ as ‘massive’ price hikes loom

Raw Story  

American companies are not waiting for the results from next week's Election Day to get a jump on hiking prices should Donald Trump win the presidency. … It’s going to be very, very difficult to keep products affordable for Americans.” The Republican ex-president has vowed to implement what The Post is calling "massive import tariffs," that he falsely claims are …

Discover Related