Trump, Reciprocal Tariff Act and Trade War

Trump moves to slap tariffs on nearly every nation, boosting trade war
In an escalation of his trade war, President Donald Trump moved to put tariffs on nations that levy taxes and fees that hurt U.S. businesses.
Trump says he will sign reciprocal tariffs order soon, as trade war fears mount
In staffing his incoming administration, President-elect Donald Trump has so far veered from the conventional to the confounding. But his choices all seem to have one thing in common: A bond with Trump himself.
Trade War 2.0? Why Trump's Tariff Plans Could Be Worse Than 2018
President Donald Trump‘s latest tariff threats against America’s three largest trading partners could cost U.S. households an average of $800 in 2025, according to a report, marking an escalation from his first-term trade wars.
Mitch McConnell says Trump's trade war will raise prices: 'Tariffs are bad policy'
Mitch McConnell and Donald Trump have had a rocky relationship since their falling out over Trump's loss to Joe Biden in the 2020 presidential election.
Trump raises tariffs on aluminum, steel imports in latest trade war salvo
Trump signed proclamations raising the U.S. tariff rate on aluminum to 25% from his previous 10% rate and eliminating country exceptions and quota deals. The measures will take effect on March 4.
McConnell Bashes Trump's Tariff Policies in Op-Ed to His Home State: 'We Ought to Remind Ourselves Trade is a Two-Way Street'
Mitch McConnell criticized Trump's tariff policies, warning they could hurt Kentucky's economy and cost residents up to $1,200 per year.
Republican Congressman Supports Trump Trying 'Something Different' Despite McConnell Raising Alarms Over Tariff Policies
As Trump pushes forward with a fresh wave of tariffs, Rep. Davidson defended the trade strategy, arguing it was worth trying "something different" with China.
McConnell warns of ‘big, lingering concerns’ with Trump tariff plan
Former Senate Republican Leader Mitch McConnell (Ky.) on Wednesday warned of “big, lingering concerns” with President Trump’s tariff plan. “In recent weeks, the president sought to impose sweeping tariffs on Mexico,
US steel tariffs risk igniting global trade war, says China's Iron and Steel Association
China's Iron and Steel Association said the 25% tariff increase on all steel and aluminum exports to the United States would ...
US-India tariff war could shake business confidence, RBI may deepen monetary policy easing: Morgan Stanley
Further, Morgan Stanley added that the indirect impact from uncertainty weighing on business confidence is more worrisome.
Trump steps up global economic war with “reciprocal tariffs”
The move, which goes beyond the imposition of a flat tariff on all nations, threatens to shatter what remains of the global ...
Trump and India’s Modi Talk Tariffs and Ukraine-Russia War
President Trump and Indian Prime Minister Narendra Modi held a joint press conference from the White House.
National retailers warn of higher prices with reciprocal tariffs
The National Retail Federation (NRF) is warning that higher prices will soon hit Americans as President Trump signs off on ...
Chinese tariffs take effect, ratcheting up nascent trade war with U.S.
Chinese tariffs on U.S. products including LNG, coal and agricultural equipment were imposed Monday, in response to Trump’s ...
Should investors stay away from crypto as the tariff war heats up?
One crypto that absorbed less of a hit than other cryptocurrencies was Bitcoin. While Ethereum fell by 25%, Bitcoin retreated by only 7%. Just when it looked like Bitcoin might dip below $90,000, it ...
Trump's 'Reciprocal' Tariffs Could Be Largest Tax Increase Since World War II
President Donald Trump outlined plans on Thursday to overhaul America's entire system of tariffs in order to charge what he ...
The stock market is nearing records because Trump’s tariffs are seen as ‘more bark than bite’
Who’s afraid of a global trade war? Not Wall Street, apparently.