Trump, tariffs
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E.U. accepted a lopsided deal
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President Trump is seeking to raise federal revenue by imposing levies on goods from foreign nations. Here’s how the process works.
President Trump and European Commission President Ursula von der Leyen announced Sunday that the US and EU had agreed to the framework of a trade deal that included a baseline tariff rate of 15% on EU goods imported into the US.
A garment factory in Lesotho, which has produced Trump-branded golf shirts, may have to soon shut down following the massive import taxes, or tariffs, imposed by the US government earlier this year.
The president is set to raise taxes on imports arriving from many countries, including Canada and Mexico. That’s on top of the tariffs that the White House has already announced on specific products,
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Luxury goods companies were spared their worst case scenario in Sunday's EU-U.S. trade deal but they face a delicate balancing act as already weak consumer demand tests their ability to raise prices further.
Experts at Bankrate have warned that the cost of President Donald Trump’s tariffs could ultimately be passed on to American consumers, unless importers or businesses absorb the costs
Devoted fans of Asian cosmetics will often buy direct from Asia and wait weeks for their packages to arrive because the products typically cost less than they do in American stores. Rather than stocking up on their favorite sunscreens, lip tints and toners, some shoppers are taking a pause due to the tariff uncertainty.
The Trump administration, known for its aggressive pro-crypto policy, already holds the most Bitcoin among all the countries — around 200,000 BTC. However, the administration has dropped no hint of using tariff revenue to acquire more crypto assets to add to its treasury.
Bill Maher said he has been proven wrong about his belief President Trump's tariff plan was going to wreck the economy.
In the U.S. and elsewhere, Asian cosmetics have dominated beauty trends, but tariffs could threaten their popularity. Here's what to know.
4hon MSN
"We still believe the most likely outcome is slow growth and firm inflation: Not a recession, but a backdrop where the adverse effects of trade and immigration controls on growth outweigh the boost from deregulation and fiscal largesse," Morgan Stanley strategist Michael Zezas wrote.