Latest in As Trump readies reciprocal tariffs, economists say 'value added taxes' aren't a trade barrier
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As Trump readies reciprocal tariffs, economists say 'value-added taxes' aren't a trade barrier
"Value-added taxes" are a common type of consumption tax used worldwide. They don't create a trade disadvantage for the U.S., economists said.CNBC - 3d -
Trump's highest tariff will kill tiny African kingdom of Lesotho, economist says
A 50% reciprocal trade tariff on Lesotho, the highest levy on U.S.NBC News - 9h -
What Trump says he's trying to accomplish with tariffs
President Donald Trump contends tariffs will pay for tax cuts, lower foreign trade barriers, revive U.S. factories, curb fentanyl and reduce the national debt.CNBC - 4h -
Trump Administration Tallies Trade Barriers That Could Prompt Tariffs
The Office of the United States Trade Representative released a report highlighting foreign trade barriers that could influence tariffs the president puts into effect this week.The New York Times - 3d -
Trump Says His Tariffs Will Take Effect Wednesday
The president did not reveal the details of his plan to impose reciprocal tariffs the same day, but suggested he would move ahead with import taxes on trading partners.The New York Times - 2d -
GOP rep says 'tariff is a tax': 'No question'
Rep. Pete Sessions (R-Texas) on Monday said a “tariff is a tax,” a day before the Trump administration’s imposition of “Liberation Day” reciprocal tariffs. In Sessions’s appearance on “CNN News ...The Hill - 2d -
Trump baffles economists with tariff formula
Calculation deeply flawed economically and will fail in stated aim of ‘driving bilateral trade deficits to zero’, say analystsFinancial Times - 17h -
Jim Cramer says Trump tariffs are more punitive than reciprocal
As President Donald Trump announced 'reciprocal tariffs' on Wednesday, CNBC's Jim Cramer said the president is focused on punishing U.S. trading partners.CNBC - 14h -
Why Trump's tariffs aren't really reciprocal
BBC Verify's Ben Chu takes a look at the wide range of different tariffs being imposed on countries.BBC News - 13h -
Trump's 'Liberation Day' unfolds with new reciprocal tariffs sparking fear, uncertainty
President Donald Trump is expected to roll out the largest set of new trade barriers in generations Wednesday — calling it “Liberation Day” — shortly after U.S. stock markets close.NBC News - 1d -
Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall Street
Economists say levies of between 10% and 50% have dramatically added to the risk of a worldwide downturn. Global financial markets have been plunged into turmoil as Donald Trump’s escalating trade ...The Guardian - 6h -
What are reciprocal tariffs, and why does Trump want to impose them?
President Trump announced reciprocal tariffs today on a number of other countries. Here's what to know about these import taxes.CBS News - 1d -
Consumers brace for economic impact of Trump's reciprocal tariffs
President Donald Trump is set to unveil new reciprocal tariffs with taxes expected on imported goods from around the world that are set to go into effect immediately. NBC’s Christine Romans joins ...NBC News - 1d -
Tariffs will likely raise much less money than White House projects, economists say
White House trade adviser Peter Navarro said tariffs would raise about $600 billion to $700 billion a year. Economists say that's nearly impossible.CNBC - 1d -
Trump announces sweeping new tariffs, upending decades of US trade policy
President to impose ‘reciprocal’ tariffs on largest trading partners and says new charges will bring about ‘golden age’. Business live – latest updates Donald Trump announced sweeping ...The Guardian - 1d -
Trump launches 10% minimum tariffs on every US trading partner
President Donald Trump announced an across-the-board minimum 10% tariff on all trading partners, with some "reciprocal tariffs" imposed on dozens of countries he says are ripping the United States ...NBC News - 16h -
What to expect from Trump's 'Liberation Day' tariffs
The BBC's Erin Delmore unpacks the reciprocal taxes the president has promised, as his trade wars continue to escalate.BBC News - 2d -
‘War’ and ‘pain’: what the papers say about Donald Trump’s trade tariffs
The US president has announced new taxes on imports to the US starting at a baseline of 10% – here is the front-page reaction in Britain. Donald Trump’s tariff “day of liberation” arrived with the ...The Guardian - 1d -
Pence on Trump tariffs: 'Largest peacetime tax hike in U.S. history'
Former Vice President Mike Pence warned about the economic and political risks of the Trump administration’s sweeping reciprocal tariffs on other nations, calling them the “largest peacetime tax ...The Hill - 9h -
Trump prepares to unveil reciprocal tariffs as markets brace amid trade war fears
President promises he will be ‘very kind’ but critics warn his strategy risks triggering chain reaction and global trade war. As Donald Trump prepared to unveil a swathe of reciprocal tariffs, ...The Guardian - 3d -
Trump says his tariffs could bring in trillions. Economists disagree.
Experts estimate far lower figures in tariffs revenue, warning that President Trump's tariffs could drive up prices for American consumers.CBS News - 1d -
Trump’s tariffs are ‘taxes’ and are ‘hurting the American people,’ says Democratic lawmaker
Rep. Steven Horsford (D-Nev.) joins Meet the Press NOW to discuss the fallout from President Trump’s sweeping tariffs. He calls the tariffs a “tax” that will cause Americans to pay more.NBC News - 7h -
Will Trump’s ‘liberation day’ tariffs drag US into recession?
President’s move to rip up global trade rule book will hit an economy already losing momentum, say economistsFinancial Times - 17h -
EU ready to retaliate against Trump’s tariffs, says von der Leyen
Commission president warns global economy will ‘massively suffer’ from US trade barrageFinancial Times - 23h -
Trump Unveils a 10 Percent Blanket Tariff and a 34 Percent Reciprocal Tariff for China
The president just launched a global trade war that he says will restore American manufacturing. His critics say it will send the country into recession.Inc. - 1d -
Estimates Imply That Trump Tariffs Could Fall Heavily on Consumers
Trump’s supporters have clashed over the true goal of forthcoming global tariffs: raising revenue, or lowering foreign trade barriers?The New York Times - 2d -
What are tariffs and why is Trump using them?
Tariffs are a key part of Trump's political vision, but economists fear they could spark a trade war.BBC News - 1d -
Commerce Secretary Lutnick says Trump's reciprocal tariffs will spur countries to examine their trade policies
In a CNBC interview, Lutnick said the moves will push countries to re-examine their policies and provide greater access for U.S. products.CNBC - 10h -
Canada to counter ‘unjustified’ US tariffs with 25% taxes on US cars, says Carney
Canadian prime minister says country will impose taxes on US vehicles not compliant with continental free trade deal. Canada will retaliate against “unjustified, unwarranted” tariffs imposed by the ...The Guardian - 10h -
How Trump’s Reciprocal Tariffs Impact the Stock Market
What to know about the president’s trade war and how it impacts Wall Street.Inc. - 14h -
Trump’s Tariffs Follow Anger Over Trade Imbalances and Lost Manufacturing Jobs
Economists and legal experts question how the strongest economy in the world can be facing a national emergency over the trade deficit.The New York Times - 5h -
With Car Tariffs, Trump Puts His Unorthodox Trade Theory to the Test
With sweeping auto levies, the president is putting his beliefs about tariffs into practice on the global economy. Economists aren’t optimistic.The New York Times - 4d -
Trump expected to announce plans for reciprocal tariffs
Watch live coverage as President Trump is expected to announce his plans for reciprocal tariffs at a White House event.NBC News - 1d -
Higher inflation, shaky markets: What to expect from Trump's tariff policies, according to economists
Trump's tariffs are likely to roil the economy, experts say. But they shouldn't derail your long-term plans.CNBC - 4h -
China urges U.S. to 'immediately' cancel reciprocal tariffs, vows countermeasures
U.S. President Donald Trump announced a baseline tariff of 10% on most imported goods from global trading partners.CNBC - 20h -
Trump set to unveil reciprocal tariffs in Wednesday announcement
President Donald Trump is expected to announce reciprocal tariffs on allies and adversaries worldwide, with the specifics under wraps until an announcement in the Rose Garden on Wednesday. The ...NBC News - 2d -
Take a Look at Trump’s Actual Tariff Math, and You’ll See How Bad It Really Is
What the tariff rates Trump rolled out yesterday made clear is that his goal isn’t, ultimately, to bring down trade barriers.Inc. - 11h