US EditionDonald Trump’s tariffs will boomerang on US exporters
- President Donald Trump announced tariffs on steel and aluminum imports on March 1, 2018, during a White House meeting in Washington.
- This decision followed Trump's intent to protect the American steel industry despite warnings it could trigger trade wars with China and the EU.
- The tariffs raised costs for U.S. manufacturers, especially automakers, causing concerns about job losses and disrupted NAFTA negotiations.
- Trump stated he would impose tariffs, while opponents argued the move threatens thousands of American workers and could punish the U.S. economy.
- The tariffs intensified international trade tensions and sparked legislative efforts like the Truth in Tariffs Act to increase pricing transparency.
13 Articles
13 Articles
Democrats Introduce Bill Requiring Retailers to Show Price Impact of Trump’s Tariffs - News Facts Network
Rep. Jamie Raskin (D-Md.) announced Thursday he will introduce legislation requiring retailers to disclose how... The post Democrats Introduce Bill Requiring Retailers to Show Price Impact of Trump’s Tariffs appeared first on News Facts Network.
Buzzfeed, News Corp and New York Times push back on tariff fears in earnings calls
Publishing execs didn’t shy away from the elephant in the room during their first quarter earnings calls: What impact would President Donald Trump’s tariff policy and the uncertain economic climate have on their businesses? CEOs and CFOs at BuzzFeed, Dotdash Meredith, Gannett, News Corp and The New York Times worked to ease shareholder and market concerns about this year’s economic outlook. Most said they were confident that their businesses cou…
Trump Tariffs Hailed As "Game Changers" By Manufacturing CEO, Saving American Jobs
Trade policies enacted by the Trump administration, particularly tariffs aimed at China, are being credited with revitalizing American manufacturing and preventing job losses, according to Jim Mischel, CEO of Electric Mirror—a Washington state-based company. The family-owned business, specializing in illuminated mirrors and related products, has reversed its plans to move production overseas and is now […] Trump Tariffs Hailed As “Game Changers”…
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