1 hour ago Trump tariffs could amount to ‘largest tax increase in at least a generation’, thinktank warns – live

Trump’s tariffs could force households to pay $1,200 annually; commerce chief says tariffs on Canada and Mexico might not be 25% as Trump has been threateningDonald Trump will lay out his priorities tomorrow evening in a prime-time speech to Congress, his first since returning to the White House.He’s doing some expectation setting this morning, posting on Truth Social:TOMORROW NIGHT WILL BE BIG. I WILL TELL IT LIKE IT IS! Continue reading...

Events

3 h. ago Tariffs on Canada and Mexico to take effect but may not be at 25% Trump threatened – US politics live

Commerce secretary says president would determine whether to stick with the planned level in first indication it could changeDonald Trump’s plan to impose tariffs on Canada, Mexico and China could force American consumers to pay an average of $1,200 more per year, a prominent economic thinktank warns.An analysis from the Peterson Institute for International Economics found that the tariffs would prompt retaliation from foreign governments, harming economic growth and leading to higher import costs that would be passed on to American households. Here’s more:This past weekend, President Donald Trump announced the largest tax increase in at least a generation (since 1993 or before), with the imposition of 25 percent tariffs on most goods from Canada and Mexico (aside from Canadian energy, which faces a 10 percent tariff), alongside a 10 percent increase in tariffs on goods from China. The direct cost of these actions to the typical, or median, US household would be a tax increase of mo...

Politics

4 h. ago Trump’s tariffs on Canada and Mexico coming on Tuesday but may not be 25%, says commerce secretary – US politics live

Tariffs will come in but exact levels will be ‘for president and his team to negotiate’, says commerce secretary Howard LutnickWith less than two weeks to go before a 14 March deadline, Republicans and Democrats in the US Congress appear to be nowhere close to a deal to avert a government shutdown that would throw Washington into deeper turmoil, Reuters reported.The talks have been complicated by president Donald Trump, who has ignored spending laws passed by Congress, suspended foreign aid and fired tens of thousands of federal workers. Continue reading...

Politics

6 h. ago The car companies that could be hit by Trump’s tariffs on Canada and Mexico

Many popular pick-ups and SUVs are in the firing line

Politics

20 h. ago US tariffs on Canada and Mexico coming Tuesday but may not be 25%, commerce chief says

‘That is a fluid situation,’ Howard Lutnick says in first indication that administration may not impose full tariffsDonald Trump’s commerce secretary, Howard Lutnick, said on Sunday that US tariffs on Canada and Mexico will go into effect on Tuesday, but the president would determine whether to stick with the planned 25% level.“That is a fluid situation,” Lutnick told the Fox News program Sunday Morning Futures. Continue reading...

Politics

3 d. ago Trump signals good news for UK on tariffs as levies on Mexico, Canada to begin next week: Live

President says March 4 deadline for Canada and Mexico stands and tariffs on goods from China to double to 20%

Politics

3 d. ago Trump doubles down on huge tariffs for Canada, Mexico and China to begin March 4

President Donald Trump on Thursday promised to push ahead with plans to impose punishing tariffs on Mexico and Canada because drugs are still pouring into the U.S. from those countries.

Politics

4 d. ago Trump threatens China with additional 10% tariff in escalation of trade war

US president also insists delayed tariffs on imports from Canada and Mexico will go into effect on 4 MarchUS politics live – latest updatesDonald Trump has threatened China with an additional 10% tariff on its exports to the US, setting the stage for another significant escalation in his trade war with Beijing.The US president also claimed that he plans to impose tariffs on Canada and Mexico starting next Tuesday, having delayed their imposition last month following talks with his counterparts. Continue reading...

Events

4 d. ago Trump live: Mexico, Canada tariffs will take effect on March 4 and levy on China will double, president says

President claims drugs ‘still pouring into our Country from Mexico and Canada at very high and unacceptable levels’

Politics

4 d. ago Trump says tariffs for Mexico, Canada, and China to go into effect next week – live

US president blames illegal drugs from Mexico and Canada as reason for tariffs going into effect on 4 March; China to be charged an additional 10% As Donald Trump and tech billionaire Elon Musk work zealously to slash tens of billions in federal spending by axing thousands of jobs and gutting some government agencies, Musk faces mounting claims he has conflicts of interest and no oversight, legal and ethics experts say.Trump’s largest campaign donor and the world’s wealthiest man, Musk was tapped by the president to lead the so-called “department of government efficiency” (Doge) in a radical and opaque cost-cutting drive that allows him to keep control of SpaceX, Tesla and other huge companies with billions of dollars in federal contracts.We expect that today’s meeting will be the first in a series of such expert consultations that will bring us closer to overcoming the disagreements that have arisen with the American side, strengthening confidence-building measures. Continue readin...

Politics

4 d. ago US to raise tariffs on China and push ahead with Canada and Mexico levies

Donald Trump says tariffs on America’s biggest trading partners to go into effect on March 4

Politics

4 d. ago US to boost tariffs on China and push ahead with Canada and Mexico levies

Donald Trump says tariffs on America’s biggest trading partners to go into effect on March 4

Politics