Tag Archives: Trump

Trump ends de minimis exemption for tariffs, imposes copper, Brazil levies  Axios Trump ends international tax loophole: What it means for consumers, businesses  Axios Trump ends de minimis exemption for global low-cost goods  CNBC White House to end US tariff exemption for all low-value overseas packages  The Guardian President Trump suspends de minimis exemption for low-value imports  CBS News Source link

A U.S. postal worker delivers Amazon boxes outside of the New York Stock Exchange on Oct. 11, 2018. Spencer Platt | Getty Images President Donald Trump on Wednesday signed an executive order ending the de minimis trade loophole for low-value packages shipped from all countries. The order, which takes effect Aug. 29, will subject any shipments of imported goods into …

Trump shocks markets with scaled-back copper tariff, US prices plunge  Reuters Trump slaps universal 50% tariff on copper imports; metal’s price plunges  CNBC Trump Just Crashed the Copper Market  The Wall Street Journal ADJUSTING IMPORTS OF COPPER INTO THE UNITED STATES  The White House (.gov) Trump Spares Copper Market From Worst With 50% Duty on Products  Bloomberg.com Source link

Brazil’s president, Luiz Inácio Lula da Silva, has said he does not fear getting on the wrong side of Donald Trump, as South America’s largest economy braces for the introduction of 50% tariffs. Trump announced plans to slap Brazil with tariffs on 1 August earlier this month, partly in retaliation for a supposed political “witch-hunt” against his far-right ally Jair …

WASHINGTON (AP) — Treasury Secretary Scott Bessent said Wednesday that the children’s savings program included in President Donald Trump’s tax break-and-spending cut law “is a back door for privatizing Social Security,” reigniting an issue that has dogged Republicans for years. Bessent’s remarks, which he made at a forum hosted by Breitbart News, were striking after Trump’s repeated promises on the …

President Trump on Wednesday signed an executive order suspending what’s known as a de minimis exemption allowing low-value parcels that are shipped to the United States to avoid tariffs.  The White House said it’s closing what it called a “catastrophic loophole” that shippers use to “evade tariffs and funnel deadly synthetic opioids or below-market products” into the U.S. The order …

Just hours after the Trump administration moved to extend U.S. Atty. Bill Essayli’s term as Los Angeles’ top federal law enforcement official, prosecutors moved to dismiss charges in a pair of controversial criminal cases, including one involving a donor to the president. In a motion filed late Tuesday, federal prosecutors sought to dismiss an indictment accusing Andrew Wiederhorn, former chief …

Trump hits Brazil with 50% tariffs, excludes aircraft, OJ, energy  Reuters Trump puts 50% tariffs on Brazil and copper, eliminates a tax loophole and hints at new deals  CNN Brazil’s Lula on Trump criticism: ‘There’s no reason to be afraid’  The Hill President Lula hits back as Trump tariffs threaten US-Brazil trade showdown  The Guardian Trump hits Brazil with whopping 50% tariffs over ‘harm’ …

Trump Crypto Group Unveils Proposals to Boost Digital Finance  Bloomberg The White House is pushing to embed crypto everywhere, from taxes to retirement  Axios White House in crypto policy report calls for SEC action, new legislation  Reuters A White House Report Could Be Bitcoin’s Next Catalyst. Expectations Are Too High.  Barron’s White House unveils crypto policy ‘roadmap’ meant to usher in ‘golden age’  ABC News …

Bessent hails new ‘Trump accounts’ as ‘backdoor way to privatize Social Security’  Politico Trump’s treasury secretary says he sees ‘a backdoor for privatizing Social Security’  MSNBC News Trump Baby Accounts Could Create Generation of Millionaire Retirees  Newsweek Bessent says child savings accounts in Trump law are ‘a back door for privatizing Social Security’  AP News Trump accounts are a ‘backdoor for privatizing Social Security,’ …