Tag Archives: trade-war

After Walmart executives said that customers should expect price hikes due to Donald Trump’s trade war, the president said the big box retailer should not raise prices and instead absorb the costs of his tariffs. “Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the …

Dock workers and truckers who are out of work or worried about their jobs because China‘s trade with the U.S. is coming to a grinding halt “should be very optimistic and positive, because the president truthed it out,” Commerce Secretary Howard Lutnick said today. Since the punishing 145 percent tariffs …

Since the start of his second term, President Donald Trump has been busy triggering constitutional crises, setting due process and other basic rights on fire, rocking the U.S. economy with a trade war based on horrifically bad math, wielding the Justice Department and other agencies to target his political enemies, …

Donald Trump tried to argue that prices on gas and groceries are falling even though the numbers disprove those claims. He also encouraged Americans to buy fewer dolls and pencils as a way to deal with rising costs due to his tariff policies. “Prices are down on groceries. Prices are …

Donald Trump’s trade wars with China and other nations are widely expected to cause sharp economic pain, but some experts have warned consumers not to hoard supplies and goods before prices skyrocket, arguing that mass stockpiling could backfire spectacularly. Well, many Americans aren’t listening to that advice, according to survey …

At sundown, the night before Monday’s federal election, Canadian Prime Minister and Liberal candidate Mark Carney paid his respects to the 11 killed in East Vancouver the night before, when a mentally ill man drove his SUV through a crowd of Filipino-Canadians celebrating Lapu-Lapu Day. He stood with his wife …

President Trump bragged that he had made “200 deals” on trade and tariffs in a recent interview, but when pressed for details, two members of his cabinet could not name a single country that has agreed to one of Trump’s alleged deals. Two weeks after he announced a 90-day pause …

The International Monetary Fund warned on Tuesday that the global economy is set to enter a “new era” marked by “significantly” slower economic growth caused by tariff chaos and uncertainty brought about by President Donald Trump. “The global economic system under which most countries have operated for the last 80 …

The Trump administration had announced tariffs on products from China only to walk back that decision on Friday, issuing an exemption from astronomical 145 percent reciprocal tariffs for smartphones, computers, semiconductors, and other electronic devices — although other tariffs would still apply. But on Sunday, the administration had senior White …

Donald Trump blinked, and his massive new trade war has been drastically scaled back. Or, maybe not? Perhaps he’s just tweaking the details during a partial 90-day pause, and he preps other, different, and more magnificent tariffs. Regardless, the president of the United States will continue to hold the American …