Tag Archives: tarrifs

Trump Announces Universal Tariffs Of 10% To 49%

The New York Times reports: Calling his announcement a “declaration of economic independence,” President Trump imposed sweeping retaliatory tariffs at a Rose Garden ceremony. He said he would establish a universal baseline tariff of 10 percent, and additional rates that apply to certain countries. Some of the rates he announced — 34 percent for China, 26 percent for India, 24 …

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Tillis: Tariffs Could Force Farmers Into Bankruptcy

THOM TILLIS: “Anyone who says there may be a little bit of pain before we get things right, need to talk to my farmers who are one crop away from bankruptcy. They don’t have time. So we’ve got to be crisp on this implementation. Otherwise, we could do damage that is irreparable to farmers.” RON JOHNSON: “As the president has …

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Ontario Premier Threatens To “Cut Off Energy” To US

The Associated Press reports: The premier of Canada’s most populous province said Wednesday he will cut off energy to the United States if President-elect Donald Trump imposes sweeping tariffs on all Canadian products. Trump has threatened to impose a 25% tax on all products entering the U.S. from Canada and Mexico unless they stem the flow of migrants and drugs. …

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