Trump’s Growing Focus on Tariff Revenue Raises Trade War Odds
President Donald Trump and his economic team are increasingly focusing on the revenues his tariffs would generate as he seeks to get tax cuts through Congress, pointing to an ominous path ahead for countries trying to avoid a trade war.
Trump moves to slap tariffs on nearly every nation, boosting trade war
In an escalation of his trade war, President Donald Trump moved to put tariffs on nations that levy taxes and fees that hurt U.S. businesses.
Trump says he will sign reciprocal tariffs order soon, as trade war fears mount
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Trump’s tariff wars leave US small business with nowhere to hide
Many smaller firms say they’re having to hike prices, freeze expansion plans or absorb a hit to already-thin profit margins as import bills climb. Such businesses employ half the US workforce, so how they cope with Trump’s ramped-up trade war will be crucial to the wider economic impact.
Fed warns Trump’s tariffs may raise prices
T he Federal Reserve has warned that President Trump’s proposed tariffs could lead to higher prices for American consumers. Minutes from the Fed’s January meeting, released on
TSX falls as Trump's latest tariff threats fuel trade war fears
Canada's primary stock index fell on Thursday, dragged by concerns that U.S. President Donald Trump's fresh tariff threats could stoke a global trade war. At 10:03 a.m. ET (1503 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 0.
Americans may face higher prices – US Fed warns Trump over tariffs spree
The United States Central Bank has warned that Americans may battle higher prices if the country’s President Donald Trump goes ahead with some of his proposed tariffs. Minutes from the Federal Reserve’s January meeting released on Wednesday revealed that members of its committee believe Trump’s policies might “hinder the disinflation process’,
NL Times6h
A trade war caused by import tariffs would be detrimental to Port of Rotterdam, CEO says
A trade war as a result of the threat of import tariffs by the President of the United States, Donald Trump, would be detrimental to the Port of Rotterdam. Trade obstructions are bad for the global ...
Chinese tariffs take effect, ratcheting up nascent trade war with U.S.
Chinese tariffs on U.S. products including LNG, coal and agricultural equipment were imposed Monday, in response to Trump’s ...
Cronkite News6h
5 ways the Trump tariffs on Mexico and Canada would hit Arizona wallets
The 25% tariffs that President Donald Trump has threatened on imports from Mexico and Canada would cause pain in Arizona. Prices on fruits and vegetables, gas and housing would rise and tourism – and ...
Should investors stay away from crypto as the tariff war heats up?
One crypto that absorbed less of a hit than other cryptocurrencies was Bitcoin. While Ethereum fell by 25%, Bitcoin retreated by only 7%. Just when it looked like Bitcoin might dip below $90,000, it ...
Transport Topics2d
EU Open to Cutting Tariffs to Avert US Trade War
The European Union is ready to discuss cutting tariffs on autos and other goods as it seeks to head off a trade war with the ...
BBC on MSN10d
The Debate: Do Trump's tariffs mean the end of the post-war free trade world?
President Trump's sweeping set of tariffs is intended, in part, to protect American industries, raise money and - as we've ...
The Business Journals22h
Guest Column: Tariffs will hurt American consumers
This month, Trump ordered federal agencies to look into tariffs on other U.S. trading partners around the world. A fresh ...
With multiple tariffs looming, farmers who support Trump grow nervous
President Trump draws strong support from farm states. But the prospect of a trade war sequel has farmers who voted for him ...