5 Articles
5 Articles
Bessent: Tariff exemptions for baby products ‘under consideration’
The Trump administration is weighing whether to exempt some products used by new parents, such as car seats, from tariffs levied on goods from China, Treasury Secretary Scott Bessent said on Wednesday. President Trump later said that while he would prefer to keep his tariff plans “simple,” with few exemptions, he would consider what Bessent suggested. Bessent’s comments came during May 7 testimony before the House Financial Services Committee, i…
Should President Trump Exempt Baby Goods From China Tariffs?
Trump Tariffs Seen as 'Baby Tax' as Costs Soar for Parenting Essentials - Alaska Native News
“His tariff policies are making it harder and more expensive to prepare for a new baby or raise kids, and his solution is to tell parents to buy fewer toys for their children,” said the head of the Groundwork Collaborative. The progressive think tank Groundwork Collaborative on Tuesday highlighted how U.S. President Donald Trump’s sweeping tariffs are effectively a […] The post Trump Tariffs Seen as ‘Baby Tax’ as Costs Soar for Parenting Essenti…
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