Trump, Tariffs
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President Donald Trump’s vows to roll out punishing new tariffs on Aug. 1 have barely made a ripple with investors who are convinced he’ll once again back down. But at the White House, officials insist they’re serious this time.
A slew of countries will face steep levies, including a 50% tariff on imports from Brazil and a 30% tariff on the European Union.
The visit highlights efforts to strengthen security and economic ties between the U.S. and Philippines as tensions rise in the Indo-Pacific.
President Donald Trump hosts Philippine President Ferdinand Marcos Jr. on Tuesday at the White House, seeking closer security and economic ties at a time when China is increasingly assertive in the Indo-Pacific region.
President Trump says he reached a trade agreement with the Philippines following a White House visit by its president. The U.S., the Philippines and other Asian allies are increasing their cooperation to counter China,
Trump has sent letters to leaders of dozens of countries outlining the tariff levels set to begin on Aug. 1. In recent months, Trump has rolled back some of his steepest tariffs, meaning delays could be possible in the case of the Aug. 1 deadline. The Trump administration appears to have stood largely behind the deadline in recent days, however.
Amid a tense trade war with China, a White House statement that some Chinese goods face 245% tariffs generated confusion in Beijing.. Was it another escalation? No. Trump's new tariffs on China ...
Apple makes most of its iPhones in China, which the White House said is about to get slammed first thing Wednesday morning with a 104% tariff rate on the products it sends to the U.S. Apple shares ...
The Brief. President Trump threatened to raise tariffs on China to a 104% rate, set to go into effect early Wednesday. White House press secretary Karoline Leavitt confirmed the increase, saying ...
A 50% increase in tariffs on Chinese imports would bring the effective tariff rate on Beijing to 104%. Trump’s Monday threat also endangers his hopes of brokering a sale of TikTok to U.S. investors.
OBAMA'S REBUKE: Former President Barack Obama’s office issued a rebuke of Trump yesterday over his accusation that his predecessor committed “treason” and rigged the 2016 and 2020 presidential elections.