ECONOMY – Page 6 – One America News Network

Senate Minority Leader Mitch McConnell (R-KY) takes a question from a reporter during a news conference following the weekly Senate Republican policy luncheon at the U.S. Capitol on November 19, 2024 in Washington, DC. During the news conference Senate Republicans discussed U.S. President-elect Donald Trump's desire for recess appointments, if Congress will pass a continuing resolution or an omnibus bill at the end of the year, and other topics. (Photo by Andrew Harnik/Getty Images)

McConnell: Trump Tariffs ‘Bad Idea’

Former Senate Majority Leader Mitch McConnell has called President Donald Trump tariffs a “bad idea” during a “60 Minutes” interview.

HANGZHOU, CHINA - SEPTEMBER 04: Chinese President Xi Jinping (right) shakes hands with Canadian Prime Minister Justin Trudeau to the G20 Summit on September 4, 2016 in Hangzhou, China. World leaders are gathering in Hangzhou for the 11th G20 Leaders Summit from September 4 to 5. (Photo by Lintao Zhang/Getty Images)

Trudeau Responds To Trump’s Tariffs, Enacting 25% Tariffs On $155 Billion In American Goods, China Vows ‘Countermeasures’

Both China and Canada have recently come out and denounced President Donald Trump’s tariffs, vowing to enact retaliatory measures.

WASHINGTON, DC - JANUARY 30: U.S. President Donald Trump talks to reporters from the Resolute Desk after signing an executive order to appoint the deputy administrator of the Federal Aviation Administration in the Oval Office at the White House on January 30, 2025 in Washington, DC. Trump also signed a memorandum ordering an immediate assessment of aviation safety and ordering an elevation of what he called “competence” over “D.E.I.” (Photo by Chip Somodevilla/Getty Images)

Canada And Mexico Tariffs Set To Take Effect This Saturday

President Donald Trump announced on Thursday that he plans to follow through in imposing 25% tariffs on goods imported from Mexico and Canada — starting this Saturday, February 1st.

The US Treasury Department building is seen in Washington, DC, January 19, 2023, following an announcement by the US Treasury that it had begun taking measures Thursday to prevent a default on government debt, as Congress heads towards a high-stakes clash between Democrats and Republicans over raising the borrowing limit. - The world's biggest economy could face severe disruption with Republicans threatening to refuse the usual annual rubber stamping of a rise in the legal borrowing limit, and this could push the United States into default. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)

U.S. Economy Grows 2.3% In Q4, Consumer Spending Increases Despite Inflation And High Interest Rates

Anthony Saccaro, President of Providence Financial and Insurance Services, joins Alicia Summers to discuss what’s driving consumer spending despite inflation, the Federal Reserve’s decision to keep interest rates steady, and what this means for the economy.

MILWAUKEE, WISCONSIN - JULY 15: Trump's pick for Vice President, U.S. Sen. J.D. Vance (R-OH) arrives on the first day of the Republican National Convention at the Fiserv Forum on July 15, 2024 in Milwaukee, Wisconsin. Delegates, politicians, and the Republican faithful are in Milwaukee for the annual convention, concluding with former President Donald Trump accepting his party's presidential nomination. The RNC takes place from July 15-18. (Photo by Andrew Harnik/Getty Images)

VP Vance: Gas And Grocery Store Prices Will ‘Take A Little Bit Of Time’ To Drop

Vice President JD Vance stated in a recent interview that gas and grocery store prices will begin to lower, though it could take “a little bit of time” before Americans notice much of a price drop.

U.S. President Donald Trump speaks at a rally at Circa Resort & Casino on January 25, 2025 in Las Vegas, Nevada. The event focused on Trump’s first week in office, including his proposed policy to eliminate taxes on tips for service industry employees. (Photo by Ian Maule/Getty Images)

Trump Vows To Deliver ‘No Tax On Tips’ Campaign Promise

President Donald Trump has stressed a “no tax on tips” policy during his Las Vegas visit.