Trump imposes 17% tariff on Mexican tomatoes
The duty came into force after the US withdrew from a long-standing agreement with its southern neighbour, arguing that the deal “had failed to protect US tomato growers from unfairly…
It’s No Bluff: The Tariff Rate Is Soaring Under Trump
Since Mr. Trump came into office in January, the average effective U.S. tariff rate has soared to 16.6 percent from 2.5 percent, according to tracking by the Budget Lab at…
Rechenberg: Tariffs can save America’s cabinet industry
The U.S. kitchen cabinet industry supports 250,000 jobs and bolsters countless local economies. In fact, 95% of the industry consists of family-owned companies, with 40% in rural communities. Unfortunately, these…
Your Next Lawn Chair Is Coming From Vietnam, but It’s Still Kind of Chinese
In May, hundreds of workers at a furniture factory here got a nice surprise. Their Chinese bosses were giving them a nearly 45% raise. Factory owner Ren Li said so…
Trade Agreements: The Export Myth That Masked A National Giveaway
Free trade agreements delivered negligible economic gains: All U.S. trade deals through 2017 increased exports by only 1.6%, while imports surged 3.4%. China and NAFTA caused massive U.S. job losses:…
Ford and General Motors grow in the United States, driven by Trump’s tariffs.
General Motors has accumulated sales growth of 12% in the first quarter of the year and 9% in the second quarter of 2025, enjoying its best start to a year…
TSMC Has Reportedly Prioritized Setting Up Plants in the U.S. Over Other Regions Due to Fears of “Trump Tariffs”
There’s no doubt that TSMC has seen massive attention when it comes to setting up fabs in America, especially after the coming of the Trump administration. When the Taiwan giant…
Is Trump a genius? Top economist and tariff skeptic admits president may have outsmarted us all on the economy
Did President Donald Trump outfox the world with his tariff plan? Maybe, according to Torsten Sløk, the chief economist at Apollo Global Management. On Saturday, Sløk published a blog post…
Fed’s Goolsbee says tariffs have not had expected impact so far
Federal Reserve Bank of Chicago President Austan Goolsbee said on Monday that thus far the surge in tariffs has had a more modest impact on the economy relative to what…
EU bars Chinese firms from major state medical equipment contracts
The European Union on Friday banned Chinese firms from government medical device purchases worth more than five million euros ($5.8 million) in retaliation for limits Beijing places on access to…