Trump, tariffs
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ABC News |
Canada responded to Trump's tariffs and announced 25% tariffs on all U.S. vehicles that are not compliant with the United States-Mexico-Canada Agreement.
U.S. News & World Report |
President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what other assess as trade penalties on American goods.
USA Today |
Some economists predict lower-income households will feel the biggest blow.
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The Senate vote came after Trump implemented 10% across-the-board tariffs on imports and additional reciprocal tariffs on goods from 60 countries.
Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a global trade war — all while on-again, off-again new levies further escalate uncertainty.
More than half a dozen GOP senators have spoken out publicly or backed legislation reining in Trump's tariff powers.
Four GOP senators joined all Democrats in voting to rescind an emergency declaration Trump issued in February, which determined the flow of fentanyl and illegal immigration numbers constituted a national emergency. That declaration was used as the justification for 10% tariffs later levied on Canadian imports.
The Senate has passed a resolution that would thwart President Donald Trump’s ability to impose tariffs on Canada.
They failed to see that the most serious consequences would instead be in the area where Trump often showed the most interest: global trade and economics. Unlike many other areas of his new presidency,
President Donald Trump’s 25 percent tariffs on all auto-related imports have been called “a debacle of epic proportions” and a sure-fire way to tank the auto market by crushing demand. Analysts have been predicting everything from $12,000 per vehicle price hikes to the possible “Cubanization” of the US car fleet.
With President Donald Trump’s so-called “Liberation Day” of tariff implementation fast approaching, Senate Democrats are putting Republican support for some of those plans to the test by forcing a vote to nullify the emergency declaration that underpins the tariffs on Canada.
Rasmussen's daily poll tracker said, as of April 3, Trump's approval rating sits at 49 percent, while 49 percent disapprove of his job performance.
President Donald Trump’s tariff threats has American crop farmers facing a precarious situation. In early March, Trump imposed 25% tariffs on imports from Canada and Mexico (10% for energy products, critical minerals and potash) that are not compliant with the United States-Mexico-Canada Agreement (USMCA).