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Showing posts with label Trump's tariffs. Show all posts
Showing posts with label Trump's tariffs. Show all posts
February 23, 2026
Trump Lashes Out & Attacks Justices after Supreme Court Limits His Power to Impose Tariffs
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December 30, 2025
Donald Trump's Tariffs Cause Bankruptcies to Soar to 15-year High
Labels:
Donald Trump,
Trump's tariffs,
US economy
October 22, 2025
European Central Banker Lagarde Argues "We're Yet to Feel the Pain" on Trump's Tariffs
Oct 19, 2025 | European Central Bank President Christine Lagarde predicted on "Face the Nation with Margaret Brennan" that more of the costs of President Trump's tariffs could be passed on from businesses to consumers. And she weighed in on the increasingly tense U.S.-China trade talks.
"Face the Nation" is America's premier Sunday morning public affairs program. The broadcast is one of the longest-running news programs in the history of television, having debuted Nov. 7, 1954, on CBS. Every Sunday, "Face the Nation" moderator and CBS News senior foreign affairs correspondent Margaret Brennan welcomes leaders, newsmakers, and experts to a lively round table discussion of current events and the latest news.
"Face the Nation" is America's premier Sunday morning public affairs program. The broadcast is one of the longest-running news programs in the history of television, having debuted Nov. 7, 1954, on CBS. Every Sunday, "Face the Nation" moderator and CBS News senior foreign affairs correspondent Margaret Brennan welcomes leaders, newsmakers, and experts to a lively round table discussion of current events and the latest news.
September 15, 2025
Why Tariffs Won’t Bring Back Manufacturing Jobs, Krugman Explains
Labels:
Paul Krugman,
Trump's tariffs
August 31, 2025
'Taxation without Representation': Prof. Tribe Breaks Down Trump's Loss on Tariffs in Appeals Court
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Trump's tariffs
August 27, 2025
US President Trump's 50% Tariff on India Kicks In | BBC News
Aug 27, 2025 | Donald Trump's steep 50% tariffs on India have kicked in, weeks after the US president issued an executive order imposing an additional 25% penalty on India over its purchases of Russian oil and weapons.
This makes India - one of the US's strongest partners in the Indo-Pacific - among the countries hit with the highest tariffs in the world. This could deal a blow to exports and growth in the world's fifth largest economy, given that the US was, until recently, India's largest trading partner.
Earlier this month, Indian Prime Minister Narendra Modi made a promise to cut taxes to mitigate the economic impact of Trump's tariffs. He has also urged domestic self-reliance.
He said that a Diwali gift in the form of a "massive tax bonanza" was on its way for the common man and the millions of small businesses that power Asia's third largest economy.
This makes India - one of the US's strongest partners in the Indo-Pacific - among the countries hit with the highest tariffs in the world. This could deal a blow to exports and growth in the world's fifth largest economy, given that the US was, until recently, India's largest trading partner.
Earlier this month, Indian Prime Minister Narendra Modi made a promise to cut taxes to mitigate the economic impact of Trump's tariffs. He has also urged domestic self-reliance.
He said that a Diwali gift in the form of a "massive tax bonanza" was on its way for the common man and the millions of small businesses that power Asia's third largest economy.
Labels:
India,
Trump's tariffs
August 15, 2025
'Horror Scenario': US Slaps Switzerland with Tariffs | DW News
Labels:
Switzerland,
Trump's tariffs
August 13, 2025
The Swiss Lived in Splendid Isolation for Years. Trump’s Tariffs Have Shattered That Complacency
THE GUARDIAN: The shockwaves sent by the US president could finally push Switzerland closer to the EU
Growing up in Zurich often felt like being removed from the world. It shouldn’t be that way: after all, Switzerland is at the heart of Europe. Riding on the cosy Zurich trams, one hears all the world’s languages; and the airport offers more direct intercontinental flights than Berlin. And yet, coming of age in Switzerland is like sitting in an aquarium looking at the world through a thick bulletproof window.
That glass was shattered last week when Donald Trump announced 39% tariffs on Swiss exports. The US is the most important destination for Swiss products: 18.6% of all its exports go there. If Trump maintains the tariffs, sales to the US “will be effectively annihilated”, said Switzerland’s industry lobbying group. The rightwing Swiss business minister, Guy Parmelin, announced a furlough programme to shield the economy from “mass layoffs”. The tabloid newspaper Blick captured the mood with a stark black front page, pronouncing it a “black day” for Switzerland. » | Joseph de Weck | Wednesday, August 13, 2025
Growing up in Zurich often felt like being removed from the world. It shouldn’t be that way: after all, Switzerland is at the heart of Europe. Riding on the cosy Zurich trams, one hears all the world’s languages; and the airport offers more direct intercontinental flights than Berlin. And yet, coming of age in Switzerland is like sitting in an aquarium looking at the world through a thick bulletproof window.
That glass was shattered last week when Donald Trump announced 39% tariffs on Swiss exports. The US is the most important destination for Swiss products: 18.6% of all its exports go there. If Trump maintains the tariffs, sales to the US “will be effectively annihilated”, said Switzerland’s industry lobbying group. The rightwing Swiss business minister, Guy Parmelin, announced a furlough programme to shield the economy from “mass layoffs”. The tabloid newspaper Blick captured the mood with a stark black front page, pronouncing it a “black day” for Switzerland. » | Joseph de Weck | Wednesday, August 13, 2025
Labels:
Switzerland,
Trump's tariffs
August 09, 2025
Living the Nightmare’: Swiss in Shock as 39% U.S. Tariff Takes Effect | APT
Aug 7, 2025 | Swiss citizens and business leaders are reeling after Washington imposed a staggering 39% tariff on Swiss exports—far above those negotiated by the EU or UK.
The surprise move has sent shockwaves through industries like luxury watches, chocolate, machinery, and gold refining. With tens of thousands of jobs at risk and GDP projected to drop up to 0.6%, Swiss officials are scrambling.
President Karin Keller Sutter failed to secure a reduced rate during last-ditch talks in D.C., and now Switzerland is convening emergency meetings while urging calm and pursuing continued negotiations with U.S. authorities.
This video captures the sense of economic alarm and national urgency gripping Switzerland as it enters a new era of trade turbulence.
The surprise move has sent shockwaves through industries like luxury watches, chocolate, machinery, and gold refining. With tens of thousands of jobs at risk and GDP projected to drop up to 0.6%, Swiss officials are scrambling.
President Karin Keller Sutter failed to secure a reduced rate during last-ditch talks in D.C., and now Switzerland is convening emergency meetings while urging calm and pursuing continued negotiations with U.S. authorities.
This video captures the sense of economic alarm and national urgency gripping Switzerland as it enters a new era of trade turbulence.
Labels:
Switzerland,
Trump's tariffs
August 08, 2025
Trump's Fake Tariffs Kick In as Economy Slows and the World Holds Its Breath for Recession
ANTHONY DAVIS can be supported on Patreon here.
August 06, 2025
Trump Said He Would Double Tariffs on India as Punishment for Buying Russian Oil.
THE NEW YORK TIMES: President Trump announced on Wednesday that he would double tariffs on India, to 50 percent, beginning this month as punishment for the country’s continued purchase of Russian oil.
Mr. Trump coupled the new, punishing tariff level with a threat to impose similar penalties on other countries that buy Russian energy as he sought to use trade policies to pressure the Kremlin into resolving the war in Ukraine.
Under a new executive order, India would face a 25 percent tariff starting on Aug. 27 if it continues to buy oil from Russia. That would be in addition to a 25 percent duty that Mr. Trump announced last week, citing unfair trade barriers, which he plans to implement beginning Thursday. » | Tony Romm | Reporting from Washington | Wednesday, August 6, 2025
Mr. Trump coupled the new, punishing tariff level with a threat to impose similar penalties on other countries that buy Russian energy as he sought to use trade policies to pressure the Kremlin into resolving the war in Ukraine.
Under a new executive order, India would face a 25 percent tariff starting on Aug. 27 if it continues to buy oil from Russia. That would be in addition to a 25 percent duty that Mr. Trump announced last week, citing unfair trade barriers, which he plans to implement beginning Thursday. » | Tony Romm | Reporting from Washington | Wednesday, August 6, 2025
Labels:
Donald Trump,
India,
Russia,
Trump's tariffs
August 05, 2025
Brazil: Bolsonaro under House Arrest, Escalating Tensions with Trump
Aug 5, 2025 | Former Brazilian president Jair Bolsonaro has been placed under house arrest by the Supreme Court.
He’s on trial for allegedly masterminding a coup to remain in office after he was defeated at the ballot box in 2022. The far-right leader denies he tried to overthrow the country’s current president Luiz Inácio Lula da Silva.
Donald Trump’s administration has condemned the arrest calling it politically motivated and a silencing of the opposition.
He’s on trial for allegedly masterminding a coup to remain in office after he was defeated at the ballot box in 2022. The far-right leader denies he tried to overthrow the country’s current president Luiz Inácio Lula da Silva.
Donald Trump’s administration has condemned the arrest calling it politically motivated and a silencing of the opposition.
Labels:
Brazil,
Donald Trump,
Jair Bolsonaro,
Trump's tariffs,
USA
August 04, 2025
Investor Confidence in EU Drops after Trump’s Brussels Trade Deal
THE GUARDIAN: Agreement is said to ‘dampen the mood’, with the US viewed as the winner at the expense of the eurozone
Investor confidence in the EU has fallen sharply after Donald Trump’s trade agreement with Brussels, amid mounting concern about the economic hit from the US president’s tariff war.
The latest snapshot from the Sentix index showed that investor sentiment fell significantly at the start of the month after the deal last week between Trump and the European Commission president, Ursula von der Leyen.
The data provider said its weekly survey of thousands of investors in more than 20 countries showed that the pact was a “deal that dampens the mood”, with Trump and the US viewed as “winners” at the expense of the eurozone.
“The result is devastating for the eurozone,” said Manfred Hübner, the managing director of the Sentix economic index. “The current situation and expectations are both declining. The wrinkles of concern in the economy are deepening again.” » | Richard Partington | Senior economics correspondent | Monday, August 4, 2025
Investor confidence in the EU has fallen sharply after Donald Trump’s trade agreement with Brussels, amid mounting concern about the economic hit from the US president’s tariff war.
The latest snapshot from the Sentix index showed that investor sentiment fell significantly at the start of the month after the deal last week between Trump and the European Commission president, Ursula von der Leyen.
The data provider said its weekly survey of thousands of investors in more than 20 countries showed that the pact was a “deal that dampens the mood”, with Trump and the US viewed as “winners” at the expense of the eurozone.
“The result is devastating for the eurozone,” said Manfred Hübner, the managing director of the Sentix economic index. “The current situation and expectations are both declining. The wrinkles of concern in the economy are deepening again.” » | Richard Partington | Senior economics correspondent | Monday, August 4, 2025
Fareed's Take: Trump's Tariffs Have Caused a Seismic Shift in World Affairs
Labels:
Trump's tariffs
This Isn’t a Presidency, It’s a One-Man Circus’: Sachs Tears Into Trump’s Trade War
Ashish Prashar on Trump's Nonsense Trade Deals and Leveraging Humanitarian Aid for Gaza with Tariffs
ANTHONY DAVIS can be supported on Patreon here.
Labels:
Donald Trump,
Trump's tariffs
August 03, 2025
Trump Hits Brazil with Tariffs over Bolsonaro Trial | DW News
Labels:
Bolsonaro,
Brazil,
Donald Trump,
Trump's tariffs
August 01, 2025
Wall Street Update: Dow Tumbles over 500 Points amid New Tariffs, Weak Jobs Report
Labels:
employment,
Trump's tariffs,
US economy,
Wall Street
Stock Markets Open Lower after US Announces New Tariffs on More Than 90 Countries | BBC News
Aug 1, 2025 | Stock markets around the world have opened lower after US President Donald Trump announced new tariffs on more than 90 countries.
Stephen Miran, an economic advisor to the president, said he sees "zero evidence" prices on goods will rise for Americans, but warnings are swirling that tariffs will hit consumers directly.
Trump announced higher tariffs for many Canadian goods but most products are exempted due to a free trade agreement - while Mexico has escaped higher levies for another 90 days.
Stephen Miran, an economic advisor to the president, said he sees "zero evidence" prices on goods will rise for Americans, but warnings are swirling that tariffs will hit consumers directly.
Trump announced higher tariffs for many Canadian goods but most products are exempted due to a free trade agreement - while Mexico has escaped higher levies for another 90 days.
Labels:
Trump's tariffs
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