China, Trump and Tariff
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The White House isn't budging on a 10% baseline tariff on most imports. One administration official argued that consumers will not foot the bill for tariffs.
Dimon believes the President's approach initially could have been better—but said overall Trump is justified in enacting what he believes is best for voters.
A slump in arrivals at ports represents the first clear sign of supply chain disruption that industry players say could ripple to consumers over the next several weeks, sparking shortages and pushing prices higher for everyday goods like cars, furniture, clothes and even basic children’s toys.
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer told reporters that more details would be provided on Monday.
A few hours after President Donald Trump’s trade negotiating team boarded a flight for the most important economic meetings in the world, their boss took to social media to publicly throw a curveball into the negotiations.
In ancient times, geographers named cyclones after women due to their perceived unpredictability. Today, if one were to name a cyclone after a political figure, it might well be called “Trump” — a nod to the erratic and often shocking decisions made by President Donald Trump since securing a second term in office.
But Trump’s lagging poll numbers — and what has become an unpopular, tariff ... the White House adviser said, a signal that its political shop will run its own campaign strategy rather than ...
Monday’s edition of Morning Joe saw Scarborough discuss the president’s lack of concern over the spiraling cost of goods in the wake of his trade war, after he recently suggested that children should “make do” with fewer toys after imposing a 145 percent tariff on Chinese imports.
Strategy has purchased 13,390 Bitcoin for $1.34 bn, lifting its holdings to 568,840 BTC acquired for $39.41 bn amid tariff pause talks.
The White House is unveiling President Donald Trump’s 2026 budget, a sweeping framework proposing steep reductions in non-defense domestic spending while increasing expenditures on national security.
Since tariffs went into effect in early April, Atlanta-based Delta Air Lines has managed to accept delivery of three new tariff-free Airbus planes.