"in the real world, we have a one-sided free-trade policy in which america isn't nearly as protectionist as other countries. trump's proposed tariffs could generate some $450b in revenue a year for the u.s. isn't it better to tax foreign entities for entering the american market than...
On Friday, China fired back at the Trump administration's latest tariffs with a matching 34% tax on all U.S. imports.
While Trump kept smaller 10% blanket tariffs on countries around the world, he has imposed much higher levies on products from Canada and China, two of the top markets for California’s almonds, pistachios, oranges and other crops. Trump increased tariffs on Chinese goods to 145%. Beijing ret...
Nearly a year's worth of stock market gains was wiped out on Thursday and Friday, after President Trump announced sweeping tariffs against virtually every nation on Earth, causing the Federal Reserve to warn of potentially higher unemployment and in
Canadian Prime Minister Justin Trudeau said on the X platform the proposed U.S. tariffs would be paused for at least 30 days as a result of “a good with President Trump.” The Canadian government will implement a 1.3 billion-Candian dollar border plan to reinforce the border with new chop...
"President Trump's vision is channeling President McKinley, way back when tariffs were the primary source of revenue to run the government,"Navarro said during a February interview on Fox News.Tariffs made uparound 50% of revenue for much of the late 1800s and early 1900s, including during...
"Canada is a bigger deal because of the huge volumes the U.S. imports from Canada," said Glickman, who focuses on the energy sector. MORE: Mexico, Canada respond to Trump's tariffs: 'Difficult times' are ahead Gas prices expected to jump ...
Trump's order gave the U.S. Postal Service mere days to implement a system to begin collecting tariffs on millions of small packages every day. It also sowed chaos throughout the international postal system, culminating on Feb. 4 with an announcement that USPS had suspended all parcel delivery...
A June report from the Tax Foundation, a Washington-based think-tank, found that Trump’s tariffs constituted “one of the largest tax increases in decades,” and that, combined with those instituted under President Joe Biden, they amount to a tax hike of US$625 (C$868) a year...
Vietnam's Communist Party leader To Lam was among the first to initiate contact with Trump after the tariff rollout. He reportedly urged the US to delay the tariffs while both sides work toward an agreement. With the US as Vietnam's largest export market, the country faces one of the ...