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  • How soon will prices rise? 4 questions about Trump's reciprocal tariffs, answered

    How soon will prices rise? 4 questions about Trump's reciprocal tariffs, answered

    Apr 03, 2025 05:59 PM EST

    ... to use emergency powers set out in a 1977 law to impose tariffs in a more ad hoc fashion. Trump has said, for example, that fentanyl flowing in from Canada and Mexico constitute a national emergency and has used that pretext to impose 25 percent duties on goods from both ...

  • WATCH: Senate passes resolution to undo Trump's Canada tariffs in rare Republican rebuke

    WATCH: Senate passes resolution to undo Trump's Canada tariffs in rare Republican rebuke

    Apr 02, 2025 09:38 PM EST

    ... is necessary to secure that border as well.” Republicans lined up on the Senate floor Wednesday afternoon to underscore the need to act to halt fentanyl trafficking, including at the northern border. However, it was not enough to persuade a key group of Senate Republicans who objected to the tax ...

  • WATCH: Trump announces broad tariffs at ‘Liberation Day’ White House event

    WATCH: Trump announces broad tariffs at ‘Liberation Day’ White House event

    Apr 02, 2025 06:00 PM EST

    ... themselves Longtime trading partners are preparing their own countermeasures. Canada has imposed some in response to the tariffs that Trump tied to the trafficking of fentanyl. The European Union, in response to the steel and aluminum tariffs, put taxes on 26 billion euros ($28 billion) worth of U.S. goods ...

  • Trump pressures Senate Republicans to oppose Democratic resolution that would nullify Canada tariffs

    Trump pressures Senate Republicans to oppose Democratic resolution that would nullify Canada tariffs

    Apr 02, 2025 04:22 PM EST

    ... For their part, Republican leaders were trying to hold their members in line against the tariff resolution by emphasizing that Trump was acting to address fentanyl trafficking and border security. Majority Whip Sen. John Barrasso claimed in a floor speech that former President Joe Biden had “also thrown open the ...

  • Trump set to announce barrage of 'reciprocal' tariffs on what Trump has called 'Liberation Day'

    Trump set to announce barrage of 'reciprocal' tariffs on what Trump has called 'Liberation Day'

    Apr 02, 2025 01:14 PM EST

    ... Longtime trading partners are preparing their own countermeasures. Canada has imposed some in response to the 25% tariffs that Trump tied to the trafficking of fentanyl. The European Union, in response to the steel and aluminum tariffs, put taxes on 26 billion euros' worth ($28 billion) of U.S. goods ...

  • Trump plans to launch more tariffs on April 2. Here's what it could mean for you

    Trump plans to launch more tariffs on April 2. Here's what it could mean for you

    Mar 31, 2025 10:31 PM EST

    ... Venezuela, even though the United States also does so. Imports from China are being charged an additional 20 percent tax because of its role in fentanyl production. Trump has imposed separate tariffs on goods from Canada and Mexico for the stated reason of stopping drug smuggling and illegal immigration. Trump ...

  • Examining Trump's claims that tariffs will revitalize American manufacturing

    Examining Trump's claims that tariffs will revitalize American manufacturing

    Mar 31, 2025 10:30 PM EST

    ... Solman: But the main theme is tariffs. The president and his team have cited very different reasons for imposing them. Donald Trump: They have allowed fentanyl to come into our country at levels never seen before. This is retaliatory to a certain extent. Millions of people flowed into our country ...

  • Europe criticizes Trump auto tariffs, warning of economic threat to both continents

    Europe criticizes Trump auto tariffs, warning of economic threat to both continents

    Mar 27, 2025 03:35 PM EST

    ... to retaliate against each other.” Trump has already placed a 20 percent tax on all imports from China for its role in the production of fentanyl. He similarly placed 25 percent tariffs on Mexico and Canada, in part to pressure them to help reduce illegal immigration to the U.S ...

  • WATCH: Trump announces new 25 percent tariff on imported autos

    WATCH: Trump announces new 25 percent tariff on imported autos

    Mar 26, 2025 06:40 PM EST

    ... charged by other nations. Trump has already placed a 20 percent import tax on all imports from China for its role in the production of fentanyl. He similarly placed 25 percent tariffs on Mexico and Canada, with a lower 10 percent tax on Canadian energy products. Parts of the Mexico ...

  • WATCH: Gabbard calls Signal chats a 'mistake' as Trump officials face House Intelligence Committee

    WATCH: Gabbard calls Signal chats a 'mistake' as Trump officials face House Intelligence Committee

    Mar 26, 2025 01:45 PM EST

    ... pose other threats to Americans. The presentations from top Trump appointees reflect Trump's foreign policy priorities, including a focus on combating the flow of fentanyl, illegal immigration and human trafficking, and are taking place as Trump attempts to work out a ceasefire between Russia and Ukraine three years after ...

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