Tag Archives: Tariffs

The price of everyday groceries is set to skyrocket as the full impact of President Donald Trump’s doomsday tariffs take hold, experts warn. The tariffs came into effect on August 1 and include a 50 percent tariff on Brazil and India, 30 percent tariffs on Mexico and China and 15 percent on goods from the European Union among others. Many experts told …

Aug. 23 (UPI) — The Trump administration is undertaking a 50-day investigation into the furniture market, with pending tariffs likely to revive the nation’s industry. President Donald Trump announced the investigation in a Truth Social post on Friday and said he will impose undetermined tariffs afterward. “This will bring the furniture business back to NorthCarolina, South Carolina, Michigan and states …

ATHENS, Greece (AP) — The end of an exemption on tariff duties for low-value packages coming into the United States is causing a wide array of postal services to pause shipping as they await for more clarity on the rule. The exemption, known as the “ de minimis ” exemption, allows packages worth less than $800 to come into the …

Multiple postal services around Europe announced Saturday that they are suspending the shipment of many packages to the United States amid a lack of clarity over new import duties. Postal services in Germany, Denmark, Sweden and Italy said they will stop shipping most merchandise to the U.S. effective immediately. France and Austria will follow Monday, and the United Kingdom Tuesday. …

Trump threatens heavy furniture tariffs in coming months  Axios Trump says furniture tariffs are coming later this year  CNBC Trump says US is conducting tariff investigation into furniture imports  Reuters “Within Next 50 Days…”: Trump Threatens Tariff On Imported Furniture  NDTV Higher tariffs on furniture to be announced within next 50 days, Trump says  CNN Source link

Trump tariffs will lower deficits by $4 trillion over a decade, CBO says  Axios Tariff revenue will cut US deficits by $4tn over next decade, fiscal watchdog says  Financial Times Trump’s tariffs could reduce US deficit by $4 trillion, CBO estimates  Reuters ‘The nation’s finances have deteriorated’ since Trump took office, CRFB says, gaming out the scenarios up to a $28.5 trillion deficit  Fortune …

Canada To Drop Some Retaliatory Tariffs on U.S. Products, Carney Says  The New York Times Canada drops many of its retaliatory tariffs on the U.S.  CNBC Trump says ‘We want to be very good to Canada,’ as its leader drops some tariffs  NPR Canada to remove many retaliatory tariffs on US, Carney says  Reuters Canada to drop some of its retaliatory tariffs on the …

A shopper looks at chairs for sale at an At Home store in Queens, New York City, U.S., July 15, 2025. Kylie Cooper | Reuters The Trump administration has launched an investigation into imported furniture, President Donald Trump said Friday, setting the stage for new tariffs on a wide range of products. “Within the next 50 days, that Investigation will …

Trump Announces Probe Into Furniture Imports, Setting Up Tariffs  Bloomberg Higher tariffs on furniture to be announced within next 50 days, Trump says  CNN Trump threatens heavy furniture tariffs in coming months  Axios Trump says US will impose tariffs on all foreign furniture  The Hill Trump says furniture tariffs are coming later this year  CNBC Source link

President Donald J. Trump’s tariffs will reduce total deficits by $4 trillion over the next decade, according to a new analysis from the Congressional Budget Office. From The Washington Examiner: “The Congressional Budget Office projected that President Donald Trump’s tariff agenda, if maintained, would decrease total deficits by up to $4 trillion over the next decade. The CBO, Congress’s nonpartisan …