Trump, Copper and Tariff
Digest more
The president’s supporters portray him as a top dealmaker. But, at least for now, far more trading partners have gotten stiff tariffs than trade deals.
For most world leaders, tariff letters from US President Donald Trump mean a big headache. But for one Southeast Asian general, the communique is being spun as welcome recognition of the embattled, isolated and reviled junta he leads.
President Trump’s ever-swerving tariff regime has taken more sharp turns in recent days.On July 7, his administration pushed back some of its most punishing duties by three more weeks to August, following a 90-day delay.
Markets may face turbulence as Trump pushes US re-industrialization, with bubble-like S&P500 valuations signaling a potential selloff ahead. See more here.
Many economists already believe it’s a matter of time before Americans start to see sticker shock from the tariffs President Donald Trump has enacted. That timeline could speed up even more if Trump follows through with his latest package of tariff threats slated to take effect in three weeks.
17hon MSN
President Donald Trump’s threat to boost import taxes by 50% on Brazilian goods could drive up the cost of breakfast in the United States. The prices of coffee and orange juice — two staples of the American morning diet — could be severely impacted if there's no agreement by Aug.
Trump and his aides have repeatedly shifted their stance on tariffs since the president’s “Liberation Day” announcement.
President Donald Trump late Thursday threatened a 35% tariff on goods imported from Canada, a dramatic escalation in an on-again, off-again trade war with America’s northern neighbor and one of its most important trading partners.
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
Canada would bear the brunt of Trump's tariffs in terms of economic contraction, says The Budget Lab of Yale.