The same experts have found that most importers simply pass the added cost of tariffs on to U.S. consumers by jacking up their prices — rather than going out of their way to rep
US President Donald Trump had threatened 60% tariffs on Chinese goods on his campaign trail.
Trump said in an Oval Office signing ceremony on Monday that his administration will impose a 25% tax on goods from Canada and Mexico that may come as soon as February 1 – a move that could raise prices for American consumers.
The president said he planned to put tariffs on America’s neighbors on Feb. 1, as he signed an executive order mandating a sweeping review of U.S. trade policy.
President Donald Trump told reporters hours after taking office that he was considering levying a blanket duty on Mexico and Canada on Feb. 1.
As President Trump entered his second term, the trade war he started with China and which former President Biden kept in place suggests taming the deficit to
Trump didn't immediately impose tariffs, but he proposed tariffs on products from Canada and Mexico and China, which could cause retaliation, affecting Nebraska’s agricultural industry.
Trade battles being threatened by President Trump would spike food prices, help China and risk key U.S. economic relationships, Mexico’s former trade chief said Monday “I say bring it
The Trump administration is discussing a 10% punitive duty on Chinese imports. Trump said the EU also has troubling trade surpluses with the United States.
Donald Trump grabbed onto the idea of hitting Canada with tariffs almost immediately after November's election and he hasn't let go since.
Trump voiced his latest tariff threats in remarks to reporters at the White House a day after taking office without immediately imposing tariffs as he had promised during his campaign.