"With reciprocity, as defined by Trump, U.S. tariffs would probably on average 10 to 15 percentage points higher. In my opinion, tariffs actually hurt the U.S. economy, so while they would raise revenue ... they would reduce GDP growth," Hufbauer said. Observers believe that this logic ...
Trump indicated he would soon impose separate tariffs on semiconductors and pharmaceuticals at White House. “The higher the tariff, the faster they come in,” the president told reporters, citing import taxes he has imposed on steel, aluminum and cars. Trump blasted U.S. heavy dependance on i...
U.S. President Donald Trump delivers remarks on "reciprocal tariffs" at the Rose Garden of the White House in Washington, D.C., the United States, on April 2, 2025. Amid widespread opposition, U.S. President Donald Trump on Wednesday signed an executive order on the so-called "reciprocal...
U.S. President Donald Trump gives a sppech before signing an executive order imposing "reciprocal tariffs" during an event at the White House in Washington on Wednesday. Photos by Xinhua Amid widespread opposition, U.S. Pre...
TMTPOST -- U.S. President Donald Trump on Monday implied a number of countries may face watered-down reciprocal tariffs while new tariffs on different industries are on the horizon.Credit:China Central Television "I may give a lot of countries breaks,” Trump told reporters when talking about...
Shipping containers are seen at the Atlantic Hub container terminal in Halifax on Monday, Feb 3, 2025, one day ahead of imposed tariffs by US President Donald Trump against Canada. (PHOTO / AP) WASHINGTON - US President Donald Trump on Thursday signed a memorandum directing his administration ...
”“They’re exempt from the reciprocal tariffs, but they’re included in the semiconductor tariffs, which are coming in probably a month or two,” Lutnick said in an ABC News interview. “So this is not like a permanent sort of exemption. (Trump’s) just clarifying that these are not...
The massive tariffs that President Donald Trump announced for dozens of trading partners Wednesday were pitched as “reciprocal,” simply aiming to match the tariffs other countries charge the United States.
President Donald Trump announced a complete pause on all the “reciprocal” tariffs that went into effect at midnight, with the exception of China.
TMTPOST -- U.S. President Donald Trump on Friday appeared to soften his hawkishness on planned reciprocal tariffs , and suggested he is open to discuss tariffs with Chinese counterpart.Credit:China Central Television Trump stuck to his plan to impose reciprocal tariffs, resisting any exceptions, ...