After China announced new retaliatory measures against the United States, President Trump responded that Beijing “PLAYED IT WRONG.”
Category: United States Politics and Government
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Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.
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Trump’s Next Tariffs Target Could be Foreign-Made Pharmaceuticals
President Trump wants to bring pharmaceutical manufacturing back to the United States. Experts warn that tariffs could result in shortages and higher prices for generic drugs.
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With the Worst U.S. Stock Market In Years, Try Some Old-Fashioned Investments
People have avoided huge losses by holding old-fashioned, well-balanced investments, an approach our columnist is banking on for the future.
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Why Did Trump Impose Tariffs, and What’s Next? Everything to Know.
The president announced sweeping tariffs on Wednesday in an effort to reset global trading relationships. Here’s what you need to know.
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Volkswagen will add an ‘import fee’ to cars sold in the U.S.
The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump imposed on car and auto parts imports.
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Canada’s Carney Puts Tariffs on U.S.-Made Cars as Stellantis Plant Pauses Production
Mark Carney, a former central banker, also called on ‘like minded nations’ to form a new trading order without the United States.
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FDA Layoffs Could Raise Drug Costs and Erode Food Safety
Trump cutbacks were supposedly aimed at administrators. But scientists in food and drug-testing labs and policy experts who advance generic drug approvals were also dismissed.
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Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.
