Tag Archives: Trumps

London CNN  —  The European Union has warned that its trade with the United States could be effectively wiped out if Washington makes good on its threat to slap a 30% tariff on goods imported from the bloc. A tariff of “30%, or anything above 30%… has more or less the same effect. So, practically it prohibits the trade,” Maroš …

Key Points The U.S. and EU have the largest bilateral trade and investment relationship in the world, representing almost 30% of global trade in goods and services. Last year alone, the value of EU-U.S. trade amounted to 1.68 trillion euros ($1.96 trillion). That’s the equivalent of roughly 4.6 billion euros of trade per day. U.S. President Donald Trump has pledged …

The high-profile visit coincides with a U.K. parliamentary recess — potentially helping sidestep a diplomatic row. Britain’s MPs, who have mixed views of Trump, will be out of Westminster, with some traveling to their annual party conferences. U.K. Prime Minister Keir Starmer handed the invitation letter from King Charles to Trump during a high-stakes visit to the White House in …

Rosie O’Donnell responded to Donald Trump’s threats to revoke her citizenship in a pointed message to the president that the actress shared on social media. Trump previously warned that O’Donnell — who was born in America but currently resides in Ireland — “is not in the best interests of our Great Country” and “I am giving serious consideration to taking …

The new tax break will be available even to people who don’t itemize deductions. But there are some caveats that could limit its reach. The vehicles must be new, not used. They must be assembled in the U.S. And the loans must be issued no sooner than this year, to list just a few qualifications. Here are some things to …

Rosie O’Donnell has shrugged off a threat from Donald Trump to revoke her US citizenship on the grounds that she is “a threat to humanity”. The New York-born actor and comedian said on Sunday that she was the latest in a long list of artists, activists and celebrities to be threatened by the US president. “So, I didn’t take it …

National Economic Council Director Kevin Hassett said Sunday that the president’s authority to fire Federal Reserve Chair Jerome Powell was “being looked into.” Asked in an interview on ABC News’ “This Week” whether he believes President Donald Trump has the authority to fire Powell, whom the president has repeatedly bashed over interest rates, Hassett said, “That’s a thing that’s being …

Head of Trump’s economic council circles around questions on 50 percent tariff on Brazil  Politico White House defends tariffs on Brazil despite trade surplus  ABC News – Breaking News, Latest News and Videos Opinion | Trump’s Brazilian Trade War  The Wall Street Journal Tariffs on Brazil Could Leave Coffee Drinkers With a Headache  The New York Times Trump says he will speak to Lula …

Beshear says Trump’s tariff spree undermines the president’s supporters  Politico Warsh Calls for ‘Regime Change’ at Fed  Barron’s Beshear blasts Trump tariffs: ‘It is chaos. It is increasing costs’  The Hill Warsh Calls for “Regime Change” at Fed, EU Strikes Conciliatory Tone Over Tariff Threat, More  Bloomberg Former Fed governor says Trump is right to be frustrated with Powell’s restrictive policies  Fox Business Source link

A 100-year-old furniture manufacturer in western Michigan has shut its doors, citing President Donald Trump’s tariffs as the final blow. The company, Howard Miller, employed 195 people. “In recent years, a convergence of market influences beyond our control brought us to this point. Furniture sales are closely linked to the health of the housing market, which is struggling,” the company’s …