Trump, Tariffs
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That’s more or less the go-to line for Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and a host of other top Trump aides and White House officials when they share the administration’s plans for tariffs and trade negotiations.
Trump’s so-called reciprocal tariffs are scheduled to go into effect on August 1 after a 90-day delay—just as American families begin back-to-school shopping—and could hike up the cost of consumer goods imported from other countries.
PORCIUNCULA, Brazil (AP) — Brazilian José Natal da Silva often tends to his modest coffee plantation in the interior of Rio de Janeiro state in the middle of the night, sacrificing sleep to fend off pests that could inflict harm on his precious crops.
Retailers exploit tariffs to justify price hikes on products not affected by trade policies, contradicting Trump's America First agenda to lower consumer costs
General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst expectations for the period on Tuesday, supported by strong sales of its core gasoline trucks and SUVs.
When President Donald Trump announced a 50% tariff on Brazilian imports to the United States, coffee producers from Varre-Sai, a small city in the north of Rio de Janeiro’s state, saw their expectations for this year’s harvest clouded by uncertainty.
3don MSNOpinion
Tariffs won’t stop China if it wins the energy race
While the Trump administration is busy slapping taxes on aluminum and auto parts, President Xi Jinping could be preparing to export cheap, clean and practically limitless energy.
Earlier this month, Trump said that more than 150 countries would receive a letter including a tariff rate of “probably 10 or 15%."
Trump’s 50% tariff threat on Brazilian imports has left Brazilian coffee producers uncertain of the future. With no guarantee their product will reach the US, small producers, roughly 30% of the state’s coffee output,