Donald Trump, White House and Tariffs
Digest more
Top News
Overview
Impacts
The rapid changes in tariffs have caused significant confusion for importers, many of whom depend on Chinese products, including major retailers as well as small businesses.
From The New York Times
President Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he’d imposed barely 13 hours earlier on dozens of countries while esc...
From U.S. News & World Report
China's Ministry of Finance announced Friday that Beijing will increase tariffs on all U.S. goods from 84% to 125%, in response to the U.S. "imposition of abnormally high tariffs on China."
From ABC
Read more on News Digest
White House press secretary Karoline Leavitt said President Donald Trump is "optimistic" the U.S. and China can strike a deal over tariffs.
Trump paused most of his tariffs for 90 days—with China the big exception—amid sharp losses in the markets and fears of a recession.
Trump announced that he authorized a 90 day pause on the lofty tariffs and a “substantially lowered reciprocal tariff during this period, of 10%, also effective immediately” in a post on Truth Social Wednesday afternoon, ending days of speculation around whether or not the tariffs would actually go into effect or were negotiable.
Many U.S. trade partners have scrambled to offer concessions in exchange for lower U.S. tariffs, but ot China, which not only has not sought negotiations but has matched Trump tariff for tariff.
1don MSN
Democrats insist that Congress investigate President Donald Trump‘s administration over its actions just before announcing a 90-day reprieve on his so-called retaliatory tariffs this week. Trump on Wednesday announced that every country except China would receive a 90-day delay on the tariffs,
Explore more
President Trump blinked on Wednesday, pausing most of the tariffs he had sought to put on nations around the world. The one big exception is China, now the focus of an escalating trade war.
12hon MSN
President Donald Trump is happy to talk about the financial markets when they’re rising, as they were on Wednesday, but when markets were falling Thursday in the aftermath of his remarkable turnabout on tariffs,
In his second presidency, Donald Trump surrounded himself with aides who planned to “let Trump be Trump.” Then he found himself on the brink of a global economic crisis.