Globalization made America rich. Now, Trump's tariffs may upend it.
The U.S. has applied the same tariff to the U.K. as it has to the Taliban rulers of Afghanistan. The E.U., meanwhile, has a higher rate than North Korea.
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White House confirms China new tariffs equal 104%
Just now12m agoWith the president's latest threat of 50% duties on imports from China, the total new tariffs Trump imposed on goods imported into the U.S. from China would be as much as 104%.
Trump threats veto of Senate bill to limit his power on tariffs
Just now15m agoThe White House is threatening to veto a bipartisan Senate bill that would limit Trump's power to impose tariffs, saying it would “severely constrain the President’s ability to use authorities long recognized by Congress and upheld by the courts to respond to national emergencies and foreign threats.”
The president said unless China reverses course on its retaliatory tariffs, an additional 50% levy will be imposed.
LIVE
White House confirms China new tariffs equal 104%
Just now12m agoWith the president's latest threat of 50% duties on imports from China, the total new tariffs Trump imposed on goods imported into the U.S. from China would be as much as 104%.
Trump threats veto of Senate bill to limit his power on tariffs
Just now15m agoThe White House is threatening to veto a bipartisan Senate bill that would limit Trump's power to impose tariffs, saying it would “severely constrain the President’s ability to use authorities long recognized by Congress and upheld by the courts to respond to national emergencies and foreign threats.”
Globalization made America rich. Now, Trump's tariffs may upend it.
The U.S. has applied the same tariff to the U.K. as it has to the Taliban rulers of Afghanistan. The E.U., meanwhile, has a higher rate than North Korea.
Trump asks Supreme Court to block return of man deported by 'mistake'
An appeals court upheld a judge's order that Kilmar Abrego Garcia must be returned to the U.S. by midnight.
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Millions across Midwest and South reeling from widespread flooding as storm death toll rises to 21
Nine million people are under a flood watch across portions of Georgia and eastern Alabama.
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IDF walks back account of deadly ambulance attack in Gaza after video appears to contradict it
The reversal comes as Israeli Prime Minister Benjamin Netanyahu visits Washington, hoping to discuss the war in the Gaza Strip, as well as new U.S. tariffs.
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