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Harris has also been critical of Trump's plans for new tariffs, likening them to a national sales tax that she said would add over $3,900 to a typical family budget, as companies that pay the ...
Dryers, which weren’t under the tariff, went up by about the same amount. Overall, the tariff increased costs to consumers by an estimated $1.5 billion annually.
The Biden-Harris administration is cracking down on a popular loophole used by Chinese retailers while US companies prepare for the possibility of more tariffs after the 2024 election.
New U.S. tariffs on $18 billion in Chinese goods take effect Friday as trade tensions intensify between the world’s two largest economies.
Under the most optimistic outcome, Trump’s tariffs would generate as much as $2.5 trillion over 10 years, according to an estimate by the pro-business Tax Foundation.
The lawmakers in a letter asked Biden to end the "de minimis" trade provision that allows shipments valued under $800 to enter the U.S. duty free and without customs inspections as long as they ...
The Biden-Harris administration this week is expected to announce final implementation plans for steep tariff increases on certain Chinese imports, and if U.S. industry gets its way, many of the ...
The impact of a 10% to 20% tariff on America's trading partners floated last week by Donald Trump has raised trade issues anew on the 2024 campaign trail.