Experts discuss how the president's global tariffs will affect the Sunshine State, which has been a solidly red bastion.
The US dollar has been falling as President Donald Trump rolls out his tariffs, and it plunged after he unveiled much steeper-than-expected duties on "Liberation Day." That goes against what markets had anticipated before he launched his trade war.
Mr. Trump has said the two new tariffs he unveiled yesterday — a 10% universal duty on all U.S. imports and so-called reciprocal tariffs applied to imports from 90 nations — will revitalize American manufacturing, create jobs and generate federal revenue.
After Trump's "Liberation Day" announcement on Wednesday, California is bracing for the impact of the president's new tariffs.
After several years of consistent mortgage rate increases and soaring home prices, the prognosis for the 2025 housing market seemed promising at the start of the the year. However, recent economic and political instability has cratered consumer confidence and homebuyer optimism.
International trading partners and U.S. consumers alike are watching closely for what President Donald Trump does on April 2, which he has dubbed “Liberation Day.” That’s when the President will announce a sweeping set of reciprocal tariffs—which involve levying taxes on imported goods at the same rate that U.
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The White House on Thursday defended its decision to not include Russia, North Korea, Cuba or Belarus in the latest round of tariffs, which targeted dozens of global trading partners that were labeled the “worst offenders” when it came to trade barriers. A White House official told The Hill in a statement that the four…
Owner of Don Herring Mitsubishi and Chairman for the North Texas Auto Dealers Association, Don Herring, discusses 25% tariffs President Trump has placed on all vehicles made outside the U.S. He tells Jack Fink how it could impact his dealerships and what he's doing to prepare for the long term effects this could have.