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Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on imports from Canada and Mexico until they clamped down on drugs, particularly fentanyl, and migrants crossing the ...
The CBO estimated that more tariff revenue would help shrink the federal budget deficit by $2.7 trillion from fiscal years 2025 to 2034. Trump tariffs would shrink the federal deficit, but also ...
President-elect Trump talked tough on tariffs on his way to securing a resounding win for Republicans in November, and now businesses are preparing for a trade war that could eclipse the one that ...
President-elect Donald Trump announced Monday he plans to impose a 25% tariff on all products coming into the U.S. from Mexico and Canada as one of his first acts back in the White House.. On the ...
Trump’s plan for tariffs, tax cuts, reduced regulation, and a crackdown on immigration could lead to inflation rising by 2.7% by the end of 2025, JPMorgan hedged, with the Fed funds rate rising ...
President-elect Trump’s proposed 25% tariff on Canada and Mexico imports aims to boost U.S. leverage, with one expert expecting targeted, strategic use.
President-elect Donald Trump speaks during Turning Point's annual AmericaFest 2024 in Phoenix, Arizona, on December 22, 2024. His threats of imposing tariffs have set off a mad scramble among ...
"The desire to put high tariffs on China seems credible, if you think back to the first Trump administration and its willingness to use [tariffs] for geopolitical ends," offered Schreger.