President Donald Trump announced on Friday that the U.S. will impose a 100% tariff on Chinese imports, retaliating after China announced its restrictions on exports of rare earth materials critical to U.S. industries.
Read More U.S. imposes 100% tariff on Chinese imports following rare earth export restrictions announcementTag: tariff
Wholesale costs hold steady despite tariffs — good inflation news
June’s Producer Price Index showed zero monthly change and a steady 2.3% yearly increase, signaling stable wholesale costs despite tariffs.
Read More Wholesale costs hold steady despite tariffs — good inflation newsTrump sends tariff letters to 7 more countries
President Donald Trump has announced new tariff rates for seven more countries.
Read More Trump sends tariff letters to 7 more countriesTrump unveils Vietnam trade deal: Full U.S. market access, 20% tariff on Vietnamese imports
President Donald Trump announced a trade deal with Vietnam on Wednesday, giving the United States “total access to their markets for trade” while imposing a 20% tariff on Vietnam’s imports into the United States.
Read More Trump unveils Vietnam trade deal: Full U.S. market access, 20% tariff on Vietnamese importsWhite House, legal experts blast court ruling blocking Trump tariffs
White House Press Secretary Karoline Leavitt took aim at the U.S. Court of International Trade for ruling that President Trump had exceeded his authority in invoking the International Emergency Economic Powers Act.
Read More White House, legal experts blast court ruling blocking Trump tariffsDemocrat-Led Senate Vote Falls Short In An Effort To Halt Trump’s Tariff Plan
An effort by Senate Democrats to overturn President Donald Trump’s sweeping tariff policy fell short on Wednesday.
Read More Democrat-Led Senate Vote Falls Short In An Effort To Halt Trump’s Tariff Plan
