The 90-day extension will allow for continued negotiations to avoid exorbitant import duties on both sides. President Donald Trump announced that the U.S. and China are extending the…
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President Trump Places Tariffs on India over Purchase of Russian Oil
Envoy Witkoff met with President Putin on Wednesday to discuss a ceasefire in Ukraine. President Donald Trump issued an executive order on Wednesday doubling tariffs against India for…
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President Threatens Additional Tariffs as India Purchases Russian Oil
India claims its purchases are stabilizing the global market and supply. President Donald Trump threatened to increase U.S. tariffs against India for its purchase of Russian oil. The…
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$600 Tariff Rebates for All Americans Proposed in Senate
Families of four dependants could see a rebate of $2,400. This week, Senator Josh Hawley introduced legislation to provide a $600 tariff rebate to every American, including dependent…
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President Trump Announces Trade Deal with Japan
The agreement comes with $550 billion in investments in the United States and a 15 percent tariff on Japanese goods. President Donald Trump announced that a trade deal…
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Commerce Secretary Confirms August 1 “Hard Deadline” for EU Tariffs
He says 30 percent tariff increase on European products is unlikely to trigger inflation. Commerce Secretary Howard Lutnick recently confirmed that the August 1 deadline for new tariffs…
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President Trump Sets Tariff Deadline for Russia to Negotiate Peace
Secretary Rubio expresses disappointment at the lack of progress after meeting with the Russian foreign minister. President Donald Trump addressed Russia stalling peace talks on Monday during a…
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President Trump Announces Extended Deadline for 35 Percent Tariffs on Canada
He stated the higher-than-expected rate of 25 percent due to fentanyl trafficking. On Thursday, President Donald Trump unveiled a new proposed tariff rate against Canadian products, raising the…
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U.S. Jobs Market Exceeded Projections in June
Over 30,000 more jobs than estimated were added to the economy and unemployment dropped .1 percent. The Labor Department’s Bureau of Labor Statistics released employment numbers for June…
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Commerce Secretary Announces Rare Earths Trade Deal
Commerce Secretary Howard Lutnick announced that the U.S. and China have formally signed a trade agreement resulting from recent talks in Geneva. The deal includes a commitment from…
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