Trump faces crucial week on the economy
- President Trump announced on Sunday a plan for reciprocal tariffs affecting all nations.
- This action follows Trump's promise to match duties charged on US exports.
- Trump's plan, dubbed "Liberation Day," includes tariffs on goods like steel and autos, and those from China.
- White House advisor Kevin Hassett stated that tariffs would target 10-15 countries with trade imbalances.
- Concerns arose that these tariffs could trigger a trade war and a US recession.
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201 Articles
U.S. automakers make mad dash to push Trump to temper tariffs
United States automakers are making a last-ditch effort to sway the Trump administration on tariffs set to take effect this week, contending that levies on the thousands of parts they source abroad could have catastrophic effects on the industry.
Auto tariffs ordered by President Trump are set to start this week
CLEVELAND (WJW) -- A proclamation signed by President Trump imposing a 25% tariff on imported cars and light trucks, as well as imported car parts, is expected to go into effect on Wednesday. The president believes it will increase U.S. manufacturing. Browns owner calls Deshaun Watson ‘a big swing and miss’ "This is very exciting, this is going to lead to the construction of a lot of plants and in this case auto plants, and you are going t…
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