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The Trump administration is carving out big tariff exemptions for the tech industry. While President Donald Trump said Wednesday that he would delay many of the market-shaking tariffs that he’d announced the previous week, he kept a universal baseline 10% tariff in place, while also increasing tariffs on Chinese goods to 125% (on top of…
Small businesses could be crushed under President Trump’s increased tariffs, according to an open letter by 38 female consumer product founders. While Trump paused his tariff increases for 90 days for various countries — setting the rate at 10% for now — China’s was raised to 145%, which includes the previous 20% levy. In the letter,…
Your 401k is suffering. The billionaires are fighting. The gamers are imperiled. Not even the penguins on McDonald Island, where no humans reside, have been spared. But at long last, 26-year-old YouTuber and chocolatier MrBeast has weighed in on President Donald Trump’s controversial plan to impose sweeping tariffs on imports. Jokes aside, the prolific YouTuber…
Amid a morning of pandemonium on Wall Street, a popular news aggregator on X, known as Walter Bloomberg, posted a false report declaring that President Trump was considering a 90-day pause on his controversial tariff proposal. This news was not true, and yet, index funds like the Dow Jones whipsawed — rapidly rising, before reversing…
Wedbush Securities analyst Dan Ives slashed his price targets for Apple and Tesla over the weekend as President Trump’s tariffs threaten to disrupt both businesses. “The tariff economic Armageddon unleashed by Trump is a complete disaster for Apple given its massive China production exposure,” Ives said in a warning note over the weekend. “In our…
President Donald Trump has delayed tariffs on automobile imports from Canada and Mexico for one month after requests from executives at the Big Three automakers — General Motors, Ford, and Stellantis — with the expectation that automakers will move any offshore operations to the United States by April 2. The reprieve, which Politico first reported,…
“Biden may lift Chinese tariffs in bid to tackle inflation: report” President Biden is poised to roll back tariffs on some Chinese imports in an effort to slow soaring rates of inflation not seen in the country for decades. A decision by Biden could be announced as soon as this week, according to The Wall…
“Why won’t Biden lift tariffs and other commentary” Libertarian: Why Won’t Biden Lift Tariffs? “Removing tariffs could save American households $800 this year. What is the White House waiting for?” asks Reason’s Eric Boehm. President Biden says “his top domestic priority is helping Americans weather a surge in prices the likes of which haven’t been…
“Biden to relax China tariffs in lame bid to address inflation” In a bid to slow the soaring inflation he’s given the country President Joe Biden is looking to . . . reverse another Trump policy, specifically the last president’s 2018 tariff hikes on roughly $300 billion of Chinese goods. To be fair, for once…
“#They didn’t warn Germany and other commentary” Climate beat: No, They Didn’t Warn Germany With everyone from Greta Thunberg to Angela Merkel blaming Germany’s recent floods on climate change, Ross Clark at Spectator World points out that “far from predicting more summer rainfall in the German Rhineland, climate models have tended to do the opposite:…