US EditionTariffs Explained: What Trump's Import Taxes Mean for Your Costs
- In 2025, the US Trade Representative planned steep port fees on Chinese vessels, first announced in February.
- Protective policies and retaliatory measures between the US, China, Canada, and the EU caused economic instability.
- These tariffs, including retaliatory actions, shifted global trade dynamics and impacted supply chains.
- Prime Minister Mark Carney stated Canada would match 25 percent levies with tariffs on vehicles from the U.S.
- Yale Budget Lab found consumers face a 27% average tariff rate, the highest since 1903, leading to losses.
11 Articles
11 Articles
Economists are shuddering at Trump's bottomless infatuation with punitive tariffs. It doesn't work, all the experts know – and almost worse: Trump himself basically doesn't know what to use the punitive tariffs for. Other than to piss his pants off.
Letter to the editor: White House selling higher taxes to faithful like sugar drink
Now that the morons are in power, the economy declines by the hour. Consider this inconvenient fact: Tariffs are the world’s oldest and most pernicious form of taxes and the White House is selling them to the faithful like a…
Lewiston Sun Journal
Tariffs make the American public the losers
Why would the world leader of a country with the greatest economy levy devastating and across-the-broad tariffs on the developed countries of the world, including longtime allies? Most economists agree that the tariffs are essentially a tax on the country’s lower and middle classes and could reignite inflation. The cost of consumer goods and durable […]
Tariffs will impact the economy … and so will uncertainty - CEO North America
Tariffs have been dominating headlines as the new US administration drives sharp policy changes. In April, the United States announced a slew of reciprocal tariffs on almost all of its trading partners.1 Goods from China will now attract a cumulative tariff hike of 125%. Most other countries and the European Union will face 10% tariffs for a period of 90 days to enable trade negotiations. Tariffs worth 25% are already in force against Mexican an…
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