Trump Says Value-Added Taxes Will Be Considered Tariffs: What To Know About His Reciprocal Tariff Plan—And Its Inflation Impact
President Donald Trump said Saturday value-added taxes, taxes levied to goods during each stage of production which are widely used in Europe, will be considered tariffs as part of the reciprocal tariff plan he argues would level the playing field in global trade—though economists project they would increase inflation this year.
Trump’s reciprocal tariffs will overturn decades of trade policy
Since the 1960s, tariffs — or import taxes — have emerged from negotiations between dozens of countries. Trump wants to seize the process. “Obviously, it disrupts the way that things have been done for a very long time,
Trump says reciprocal-tariffs news conference will begin at 1 p.m.
In a post on Truth Social published a few minutes ago, President Donald Trump announced that he will hold a news conference to announce his reciprocal tariffs at 1 p.m. Eastern time. Trump had announc
Trump's de minimis order: New tariff policy leads to package pile-up
Logistics experts say it was impossible for major parcel carriers and USPS to overhaul their operations in a matter of days.
Trump details his reciprocal tariff plans, asks foreign countries to 'treat us fairly': 'Deliver RECIPROCITY'
President Trump detailed his proposed trade policy overhaul in an extensive Truth Social post on reciprocal tariffs targeted at the U.S.'s trading partners.
Plan for reciprocal tariffs on US trading partners ushers in economic uncertainty
An economist at New York University says reciprocal tariffs are bad for the economy, U.S. shoppers and the stock market outlook (AP Video: Ted Shaffrey)
Trump's trade policy sparks EU backlash, commission labels tariffs unjustified
Trump has tasked his economics team with devising plans for tariffs on every country that imposes tariffs on U.S. imports or subjects U.S. companies to value-added or digital services taxes. Trump's potential targets include China,
Here's why Trump didn't move forward with tariffs on Day 1
WASHINGTON — Amid the whirl of orders Donald Trump issued in the early hours of his presidency, one was conspicuous in its absence: new tariffs on Canada and Mexico. Trump had pledged to impose 25% ...
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These Canadian cities will be hit hardest by US tariffs and #1 isn't where you'd think
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
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Trump Starts Countdown Toward Tariffs on America’s Largest Trading Partners
The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, countries that together account for more than a third of U.S. trade. By Ana Swanson Ana Swanson has ...
Trump keeps tariffs drumbeat going, with autos targeted next
"Maybe around April 2," Trump said in response to a question about when auto tariffs might be coming during an executive ...
Trump Threatens New Car Tariffs On April 2
Despite that, the response to those threats from industry experts and executives has been less than glowing. The UAW came out against the tariffs and Ford’s CEO Jim Farley called them unfair. In fact, ...
Canadian dollar notches second straight weekly gain on US tariff delays
The Canadian dollar edged up to a two-month high against its U.S. counterpart on Friday as investors grew skeptical that the ...
Could Trump tariffs on China, Canada, Mexico hit Mississippi business and industry?
Trump is amping up tariffs against almost every other country. The Mississippi economy relies on trade with Canada, Mexico, China. What will happen?
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Trump trade plan wields tariffs against allies and adversaries alike
The Trump trade war has blown past the realm of tariffs. The White House plans to hit back at any measure undertaken by ...
Stocks edge up, yields fall as US data, tariff risk gauged
A benchmark of global stocks hit a record on Friday while U.S. Treasury yields dipped as some soft U.S. data and the latest ...