After Losing $1 Billion to Tariffs, General Motors Announces 14,000 Layoffs
Trump's rally promises won't happen because of Trump's trade policies
Trump's rally promises won't happen because of Trump's trade policies
The Dow Jones has lost 500 points since President Donald Trump launched his trade war.
Dozens of business and trade groups say the ongoing steel and aluminum tariffs will "create impediments" to congressional passage of Trump's USMCA.
White House advisors are worried that "he could get impatient one day and force their hand like he did with the steel and aluminum tariffs."
Warren is criticizing a fundamentally unfair process, but only because she wants the outcomes to be slightly different.
The specter of mercantilism rises from the dead!
Nucor's stock price is down 16 percent since August. Executives say the fourth quarter will be even worse.
Trump suggests the tariffs are a fiction invented by CEOs, using the president as a scapegoat. But maybe he has a point?
Ford expects to lose $1 billion due to higher steel prices, while Caterpillar's stock dropped sharply this week after it said tariffs cost it $40 million.
But who, exactly, will be suffering?
The president's agenda hurts American consumers and businesses.
It's like trying to plunge lasagna out of your kitchen sink.
Tariffs on aluminum, silicone, and dyes are already causing pain for toymakers, and the prospect of additional tariffs is anything but fun and games.
Trump says tariffs aren't hurting the economy, new steel plants are opening up, and some stuff about Canada. It's all wrong.
Soybean prices have fallen as much as 30 percent since planting season, and harvest is fast approaching.
The GOP's willingness to follow Trump down an anti-trade cul-de-sac risks alienating voters who could be crucial on the margins of close races.
Walmart warns the Trump administration it may be forced to raise prices in response to tariffs.
The unseen consequences of the trade war matter as much as the more visible.
Chinese entrepreneurs worry that the trade war will "put them in the Communist Party's crosshairs," and make further market reforms politically difficult.
If Trump presses ahead with plans to tax all Chinese imports, the added costs would cancel out the economic benefits of last year's corporate tax cut.
The only goal of tariffs is to change consumer behavior. If consumers won't notice the costs, the tariffs have already failed. Or maybe Ross is lying.
The president's economic agenda is harming American businesses and consumers.
The president believes "TRADE IS BAD!" These firms would beg to differ.
The Chinese tariffs have clobbered the lobster market, with prices falling to two-year lows.
Building iPhones entirely in the U.S. would double or triple their retail prices. There's no way Apple is going to do that.
By making it harder for smokers to switch to vaping, the Trump administration's tariffs would strike a blow against public health.
"Why do you have these views [on trade]?" Gary Cohn reportedly asked Trump. "I just do," Trump replied.
In Utah, Texas, and elsewhere, construction costs for new homes are up by about 60 percent this year.
If only there was something he could do about those tariffs...
Another $16 billion in Chinese good are facing tariffs, but Trump wants more. Meanwhile, more signs say the trade war will slow economic growth.
A Colombian company is undercutting its U.S. competitors, who have been forced to raise their prices because of tariffs.
Trump is wrong about tariffs and so was Alex Hamilton.
Commerce Department now has 120 people working full-time deciding which businesses are exempt from tariffs.
American farmers have already fallen victim to Trump's trade war with China. Could Alaskan fishermen be next?
Alcoa says it needs protection from protectionism. That should be a lesson for the administration.
The Peak Pegasus is both a casualty and a metaphor for Donald Trump's trade war.
Trump's economic ignorance is on display.
A South Carolina TV manufacturing facility will close its doors, and Trump's threatened auto tariffs could do yet more damage to the state's economy.
The podcast crew takes on the The New York Times' controversial new hire, Trump's trade war escalations, Medicare-for-all, and 3D-printed guns.
Tariffs will generate $21 billion this year-just .01 percent of the national debt. And aren't these tariffs supposed to be about national security?
Another unseen cost in Trump's misguided trade war, which escalated again today.
The president trade war is harming American small business.
It could cost $39 billion to cover the damage caused by Trump's trade war.
Don't blame progressive city leaders for this increase.
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