Latest in Tariff Hikes
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Trump's tariff proposal needs a makeover: A border-adjusted tax
President-elect Donald Trump's proposed tariff policy could be replaced by the Destination-Based Cash Flow Tax, which would tax cash associated with U.S. consumption while exempting cash associated ...Politics - The Hill - 3 days ago -
Trump's tariff threats send U.S. companies scrambling for lobbyists and loopholes
In the days since President-elect Donald Trump won the presidential race, Nicole Bivens Collinson’s phone has barely stopped ringing.Top stories - NBC News - 3 days ago -
Trump tariffs — and possible exemptions — could provide opportunities for Britain
President-elect Donald Trump's proposed trade tariffs could prove boon for the U.K., with analysts pointing to potential exemptions, economic upswings and the likely resumption of trade deal talks.Business - CNBC - 3 days ago -
Trump Tariffs Could Hurt Shrinking Global Luxury Goods Market
Despite seeing a post-recession bump, luxury good sales are declining and may be hit hard by Trump tariffs.Business - Inc. - 2 days ago -
Can Trump impose tariffs without Congress? It's complicated, experts say.
President-elect Donald Trump claims he can unilaterally impose sweeping tariffs on U.S. imports. The reality is more complicated, according to trade experts.Top stories - CBS News - 2 days ago -
Trump’s Treasury secretary choice: Scott Bessent, Larry Kudlow or Howard Lutnick might be picked
Support for tariffs looks like a key qualification for this crucial job in the next Trump administration.Business - MarketWatch - 20 hours ago -
CSX CEO talks tariffs and manufacturing: 'As long as the economy’s growing, we’ll be a part of it'
CSX operates primarily on the East Coast, providing rail and intermodal freight transport services.Business - CNBC - Yesterday -
The markets could have the final say on Trump’s tax cuts and tariffs
Financial markets could wind up as the final arbiter about whether he has gone too far.Politics - The Hill - 23 hours ago -
Why Trump's tariff proposals have some business owners worried
President-elect Donald Trump campaigned on implementing a blanket tariff of 10% to 20% on all imports, along with an additional 60% or more on goods from China.Top stories - CBS News - 14 hours ago -
UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”
UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”World - ABC News - October 30 -
Mark Cuban mocks Trump's tariff ideas at Harris campaign rally as Elon Musk tours PA with pro-Trump PAC
Mark Cuban in a recent Harris campaign press call slammed Donald Trump and called his sweeping tariff plans "lunacy."Business - CNBC - October 17 -
Cheney keeps up fire on Trump over Jan. 6, bashes tariff policy
Former Rep. Liz Cheney, R-Wyo., a top GOP voice opposing Donald Trump, tore into the former president Tuesday over the Jan. 6, 2021, Capitol riot and his tariff policies.Top stories - ABC News - October 22 -
Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says
"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," said IIF CEO Tim Adams.Business - CNBC - October 23 -
U.S., China trade tariffs escalating would be 'costly for everybody,' IMF deputy director says
An escalation of tensions around trade and tariffs would have economic consequences around the world, Gita Gopinath, deputy managing director of the IMF, said.Business - CNBC - October 23 -
China to offer Taliban tariff-free trade as it inches closer to isolated resource-rich regime
China will offer the Taliban tariff-free access to its vast construction, energy and consumer sectors, Beijing’s envoy to Afghanistan said on Thursday.Top stories - NBC News - October 25