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Trump suggests 50% tariffs on EU by June 1
Calling the European Union "very difficult to deal with," President Donald Trump said Friday the United States would move to enact a 50% tariff on the EU.
When Will Trump's Tariffs Start Affecting the Economy?
Key Takeaways Forecasters expect the economic shockwave from President Donald Trump's trade wars to hit the economy soon, as reflected in "hard data" such as unemployment and inflation statistics.Some forecasts show inflation rising first,
Judge says Trump has power to impose tariffs, but punts lawsuit to different court
Donald Trump’s sweeping tariffs may be able to survive a legal challenge, thanks in part to a Japanese zipper company that sued the Nixon administration 50 years ago.
Wells Fargo warns Trump’s tariffs won’t bring back American manufacturing jobs, which will need a minimum $2.9 trillion investment to regain peak
Returning U.S. manufacturing employment to a level that remotely resembles its historical peak will be an uphill battle,” the bank said this week.
Gold rises 2% on safe haven flows after Trump's renewed tariff threats
Gold prices rose 2% on Friday and were headed for their best week in six, as investors sought the safe-haven asset amid renewed tariff threats from U.S. President Donald Trump and a weaker dollar. Spot gold gained 2% to $3,
Trump Pushes EU to Cut Tariffs or Face Extra Duties, FT Reports
(Reuters) -U.S. President Donald Trump's trade negotiators are pushing the EU to make unilateral tariff reductions on U.S. goods, saying without concessions the bloc will not progress in talks to avoid additional 20% "reciprocal" duties, the Financial Times reported on Friday.
As Trump’s Tariffs Hit, Hamptonites Stockpile the Essentials (Rosé, Rosé, and Rosé)
Out East, a panic is brewing as tariffs loom. “It’s the toilet paper of March 2025,” one Hamptonite said. “It,” in this case, is pink wine.
Trump Wants Pharmaceutical Tariffs Soon — Here's Which Drugs Could Disappear From Hospitals First
It is not yet clear when that national security investigation will end, and if and how tariffs on pharmaceuticals will be implemented. But U.S. pharmacists are already stockpiling
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