Industry mixed on Trump’s blanket tariffs
- President Trump announced tariffs on Wednesday, April 2, 2025, impacting numerous industries.
- Trump stated tariffs were vital to counter the US's policy of unilateral economic surrender.
- The tariffs included a baseline of 10% on imports and up to 34% on specific countries.
- Neil Bradley of the U.S. Chamber of Commerce stated that broad tariffs are a tax increase.
- The tariffs are projected to increase consumer prices, disrupt trade, and potentially force plant shutdowns.
11 Articles
11 Articles
Louisiana shrimp industry celebrates Trump tariffs. 'We can't live like this anymore.'
The coastal industry has for years struggled to compete against cheap foreign imports and a pattern of fraudulent mislabeling at seafood restaurants. But shrimpers and advocates feel renewed optimism in Trump's "liberation day" tariffs announced Wednesday.
Ben Shapiro, Dave Portnoy, MAGA World offer mixed reaction to Trump tariffs
Prominent conservatives and supporters of President Donald Trump have had a mixed response to the president’s sweeping tariff plans. Trump announced his reciprocal tariffs Wednesday, enacting blanket 10% tariffs on most countries and higher rates for several other countries based partially on their trade deficit with the U.S. The tariffs have been blasted by Democrats... The post Ben Shapiro, Dave Portnoy, MAGA World offer mixed reaction to Trum…
Trump Tariffs Poised to Exacerbate Woes of Ailing Petchems Sector - Energy News, Top Headlines, Commentaries, Features & Events
By Mohi Narayan (Reuters) – Sweeping new U.S. import tariffs threaten to further erode demand for global petrochemical producers and accelerate capacity cuts in an industry plagued by weak margins, industry officials and analysts said. Tariffs announced by President Donald Trump on Wednesday are expected to drive up prices for goods such as electronics, appliances ...
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