Trump's tariffs in his first term did little to alter the economy, but this time could be different
The tariffs he imposed on China in his first term were continued by President Joe Biden, a Democrat who even expanded tariffs and restrictions on the world's second largest economy. Biden administration officials looked at removing Trump's tariffs in order to bring down inflationary pressures, only to find they were unlikely to help significantly.
Trump tariffs would harm all involved, US trade partners say
Officials from Mexico, Canada and China and major industry groups warned that U.S. President-elect Donald Trump's threat of hefty tariffs on goods would harm the economies of all involved, cause inflation to spike and damage job markets.
Trump Transition Live Updates: Picks for Trade and Economic Posts Highlight Trump’s Tariff Plans
Mr. Trump’s vow to impose heavy tariffs on products from Canada, Mexico and China has reverberated around the globe, raising the prospect of even bigger trade fights than those of his first term, or a currency war with China.
Trump tariff plan kicks off scramble among U.S. trading partners
Leaders in Mexico and Canada responded to the president-elect’s proposed new tariffs. Observers said the plan might just be the first step in negotiations.
Trump taps Jamieson Greer as US trade representative to ramp up tariff plans
President-elect Donald Trump on Tuesday chose trade lawyer Jamieson Greer as his new U.S. trade representative, elevating a key veteran of his first-term trade war against China to execute a sweeping tariff agenda that promises to upend global trade.
Trump’s tariffs collide with an ‘abundance’ agenda
With a Monday evening promise on Truth Social that his incoming administration will slap 25 percent tariffs on all goods from Canada and Mexico — as well as increasing already existing tariffs on China — Trump sent reporters (and investors,
Trump’s Tariff Plan Threatens Higher US Gasoline Prices
US motorists should brace for a hike in gasoline prices under the incoming Trump administration plans to slap tariffs on imports of products from Canada and Mexico.
‘Not at all certain’ whether Trump’s tariff plan actually goes through
President-elect Trump has made picks for key economic and health positions in his administration. Also, Trump has vowed to implement new tariffs on Mexico, Canada and China. NBC News' Garrett Haake reports more.
Trump’s Tariff Message: I’m in Charge of the Economic Agenda
The president-elect’s market-friendly appointments to Treasury and other agencies brought relief to investors. The trade threat suggests that might be premature.
Donald Trump’s Tariffs Are Here To Stay
Better get used to them.
Trump's tariff plan: 'A big threat to the economy'
Reaction to Trump's day one promise to slap tariffs on three of the America's key trading partners: Mexico, Canada and China. The president-elect framed the proposal as a response to the fentanyl crisis.
Trade tariffs make it harder to keep prices low, IKEA executive says
Tariffs planned by U.S. President-elect Donald Trump will make it harder for IKEA to keep prices low, the chief financial ...
Trump names new trade envoy after threatening tariffs on partners
US President-elect Donald Trump says Jamieson Greer will be his trade representative after he takes office on 20 January 2025 ...
Trump's tariff plan could raise prices, blow up his own trade deal with Mexico and Canada
President-elect Donald Trump's threat to impose tariffs on Canada, China and Mexico on the first day of his administration ...
Trump tries to force other countries to negotiating table on immigration and trade with promise to hike tariffs
President-elect Donald Trump’s pledge to impose massive tariffs was an early warning shot to try to force the hand of allies ...
China, Mexico warn against trade war after Trump vows to hike tariffs
Donald Trump says he will impose a 25% tariff on goods coming from Mexico and Canada, plus an extra 10% on Chinese goods.
What are tariffs and who pays for them? Here’s what to know about Trump’s proposal
Trump said he will impose a 25% tax on all products entering the country from Canada and Mexico, and an additional 10% tariff ...
Trump deportation plan faces opposition, tariffs spark trade war fear
President-elect Trump’s incoming “border czar” Tom Homan is touting a plan for mass deportations and some state and local ...
Tariff Threats Show Trump’s Commitment to Upending Global Trade
The president-elect’s threat to hit Canada, Mexico and China with new tariffs is already rocking business and diplomatic ...
Trump reveals huge trade tariffs against key economies as election interference case dropped: Live
Trump reveals huge trade tariffs against key economies as election interference case dropped: Live - President-elect flexes ...