Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $9,834
12%  
Woo hoo!! And our first 12% is in!! Thank you all very much!! God bless.

Keyword: tariffs

Brevity: Headers | « Text »
  • Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs

    11/26/2024 9:41:23 AM PST · by SeekAndFind · 50 replies
    ABC News via AP ^ | 11/26/2024
    MEXICO CITY -- President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% import duties on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border. Sheinbaum said she was willing to engage in talks on the issues, but said drugs were a U.S. problem. “One tariff would be followed by another in response, and so on until we put at risk common businesses,” Sheinbaum said, referring to U.S. automakers that have plants on both sides of the border. She said...
  • CNN: Walmart Prices Will Skyrocket 250% Under Trump's China Tariff!

    11/26/2024 9:10:36 AM PST · by governsleastgovernsbest · 98 replies
    NewsBusters ^ | Mark Finkelstein
    On CNN This Morning, CNN senior political analyst Mark Preston warned that under Trump's proposed tariff increase on China, "when you go to Walmart, you're not going to get something for like $3.99. It's going to be $13.99." That's a 250% price increase! Trump has proposed increasing existing tariffs on Chinese goods by only 10%. So Mark, where's the additional 240% coming from? CNN correspondent Jeff Zeleny agreed with Preston's absurd scaremongering: "Exactly." Get the rest of the story and view the video here.
  • How the Trump tariffs on Taiwan chips could hurt the AI trade — and the likes of Nvidia

    11/26/2024 4:05:54 AM PST · by RoosterRedux · 51 replies
    finance.yahoo.com ^ | 11/17/2024 | Daniel Howley
    President-elect Donald Trump made raising tariffs on imported goods a tenet of his reelection campaign. And while that could raise prices on everything from jeans to children’s toys for everyday Americans, Trump has also floated the idea of another tariff that could impact Wall Street’s current favorite trade: AI. During an appearance on Joe Rogan’s podcast ahead of the election, Trump lambasted the idea of the CHIPS Act, a bipartisan piece of legislation Biden signed in 2022 designed to bring semiconductor manufacturing back to the US. He called it “so bad.” Instead of using legislation and billions in subsidies to...
  • Trump Pledges Tariffs on Canada, Mexico, and China in Sweeping Trade Policy Announcement

    11/25/2024 6:16:53 PM PST · by SeekAndFind · 36 replies
    Red State ^ | 11/25/2024 | Joe Cunningham
    In a bold declaration, President-elect Donald Trump announced plans to impose sweeping tariffs on America’s largest trading partners, Canada and Mexico, along with additional duties on Chinese imports. These measures are set to take effect on his first day in office, underscoring his commitment to reshaping U.S. trade policy.Trump detailed a 25 percent tariff on all imports from Canada and Mexico, citing the ongoing issues of illegal immigration and the trafficking of illicit drugs like fentanyl. On Truth Social, he declared, “On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge...
  • President Trump Announces 25 Percent Tariff on all Mexican and Canadian Imports, Effective January 20th – Until Border is Secure

    11/25/2024 4:19:29 PM PST · by wildcard_redneck · 94 replies
    The Conservative Treehouse ^ | November 24, 2024 | Sundance
    There is another caravan of illegal aliens approaching the U.S. southern border through Mexico. President-elect Donald Trump wants the Mexican government to stop this nonsense immediately. To put teeth into his demand, President Trump has announced a 25% tariff on all imported goods from Mexico and Canada until they secure their side of the border and stop illegal aliens from getting here.
  • Stillwater mine to cut production, lay off 700 workers as low metal prices drive losses

    11/23/2024 11:14:33 PM PST · by algore · 12 replies
    Sibanye Stillwater, the South African company that operates the nation’s only major palladium mine in south-central Montana, said Thursday that it plans to lay off about 40% of its Montana workforce as it scales back its operation in an effort to offset losses caused by low metal prices. In a letter to workers, U.S. Executive Vice President Kevin Robertson said the company will halt mining at the west section of its Stillwater mine southwest of Columbus until prices rise. It also plans to restructure operations at its East Boulder mine south of Big Timber and its Columbus-area processing and recycling...
  • SCOTT BESSENT: Let's talk tariffs. It's time to revitalize Alexander Hamilton's favorite tool

    11/22/2024 4:30:23 PM PST · by Mr. Mojo · 18 replies
    Fox News ^ | November 15, 2024 | Scott Bessent
    Tariffs have a long and storied history as both a revenue-raising tool and a way of protecting strategically important industries in our country. For months, economic commentators parroted the Harris campaign’s misleading talking point that tariffs are a "sales tax." Like much of economists’ conventional wisdom, this view is fundamentally incorrect. The reflexive opposition to tariffs represents political ideology and advocacy, not considered economic thought. The truth is that tariffs have a long and storied history as both a revenue-raising tool and a way of protecting strategically important industries in the U.S. President-elect Trump has added a third leg to...
  • The Recession into 2028 Trump Does Not Understand

    11/17/2024 1:53:22 PM PST · by delta7 · 36 replies
    Armstrong Economics ^ | 17 Nov 24 | Martin Armstrong
    BlogEventsShopKnowledge Center Contact Us Store Account Blog Economics The Recession into 2028 Trump Does Not Understand The Recession into 2028 Trump Does Not Understand Posted Nov 17, 2024 By Martin Armstrong | SPREAD THE LOVE WEC 2016 Orlando QUESTION: Mr. Armstrong, thank you for the WEC. Many people feel this was your best. Your solution to save our country was spectacular, and you deserved the standing ovation. My question is that you said that Trump and RFK would not listen to you despite everything you have done. You did not explain why. May I ask why? FP ANSWER: As I...
  • Make America Grate Again? There's 1.4 Billion Pounds Of Surplus Cheese In The U.S.

    01/10/2019 3:11:59 PM PST · by bgill · 56 replies
    wbur ^ | Jan. 8, 2019 | Jeremy Hobson
    More than 900,000 cubic yards of cheddar, American and Swiss currently sit in cold storage across the United States, enough cheese to form a wheel the size of the U.S. Capitol building. The excess is the biggest the country has seen since the government started keeping track a century ago, and it's 16 percent larger than the cheese surplus of 2016 when the government offered to buy up $20 million worth of excess cheese... "Part of it is changes in the domestic use of that milk." Another factor is trade — "a self-inflicted wound," Novakovic says. And there is growing...
  • Why The American Founders Would Adore Trump’s Tariffs Plan

    11/11/2024 9:58:18 AM PST · by SeekAndFind · 26 replies
    The Federalist ^ | 11/11/2024 | Publius Maximus
    What Donald Trump told Joe Rogan is correct: tariffs are the best way to raise federal revenue in a constitutional system like ours.On his blockbuster interview with Joe Rogan last Friday, Donald Trump discussed reverting the United States’ top revenue source to taxes on imports — tariffs — instead of the income tax.This was the greatest interview EVER!JOE ROGAN: “Did you just float out the idea of getting rid of income taxes and replacing it with tariffs? — Were you serious about that?”DONALD TRUMP: “Sure, why not?” pic.twitter.com/t7an2Mbe3j— Graham Allen (@GrahamAllen_1) October 26, 2024Trump went into American political history to...
  • Trump’s ‘Beautiful’ Tariffs Likely to Send Retail Prices Soaring

    11/11/2024 4:40:33 AM PST · by karpov · 174 replies
    National Review ^ | November 11, 2024 | Ryan Mills
    The price of an $80 pair of blue jeans spiking to $90 or even $96. A pair of $90 gym shoes rising to $116. A $1,500 mid-tier couch rising to over $1,600. The rising costs of these three household items may seem like examples of Bidenomics at work over the last four years. But if that’s what you’re thinking, think again. These are the kinds of price increases American consumers can expect if President-elect Donald Trump proceeds with some of the tariff proposals he floated on the campaign trail this year, according to a new report from the National Retail...
  • China is trying to fix its economy - Trump could derail those plans

    11/09/2024 7:03:30 AM PST · by Twotone · 9 replies
    BBC ^ | November 7, 2024 | João da Silva
    China has unveiled new measures aimed at boosting its flagging economy, as it braces for a second Donald Trump presidency. The country plans to tackle tens of billions of dollars of local government debt to prevent it being a drag on growth. Trump won the US election on a platform that promised steep import taxes, including tariffs as high as 60% on Chinese-made goods. His victory is now likely to hinder Xi Jinping’s plans to transform the country into a technology powerhouse – and further strain relations between the world’s two biggest economies. A property slump, rising government debt and...
  • America Rejects Pettiness

    11/08/2024 5:39:42 AM PST · by Rev M. Bresciani · 3 replies
    New American Prophet ^ | November 8, 2024 | Frederick Andrew Wolf, Jr.
    “I don’t like Trump’s manner, but I voted for him.” – Many Americans There was already precedent for it – Grover Cleveland did it in 1892. But on Nov. 5, 2024, Donald J. Trump repeated it – in an unprecedented and overwhelming way – winning a second, non-consecutive term as the 47th President of the United States. Moreover, his victory secured (to date) 295 (270 to win) electoral votes and a majority of the popular vote – 71.9 million (51%) – and for a Republican, that’s a 20-year first. It’s also a mandate from the American people – to take...
  • Major German newspaper publishes explicit one-word headline in response to Trump's victory

    11/06/2024 9:52:56 PM PST · by algore · 110 replies
    A German newspaper published an explicit single world headline after Donald Trump emerged as the victor in the 2024 presidential election. Die Zeit, which is the country's biggest weekly paper, posted a reaction piece this morning headlined : 'F***'. The piece outlined factors that could result in scenarios for his political opponents, and was penned by Nele Pollatschek for the outlet, which has been published in the city of Hamburg since it was founded in 1946. In the article, seen by The Latin Times, she wrote: 'Last time, Trump's advisors stopped him from doing too much nonsense. 'Except that he...
  • Mark Cuban: Trump Tariffs Will Kill Christmas

    10/25/2024 5:28:06 PM PDT · by ChicagoConservative27 · 58 replies
    Breitbart ^ | 10/25/2024 | Pam Key
    Billionaire investor Mark Cuban said Friday on MSNBC’s “The Beat” that if former President Donald Trump is elected and implements tariffs, it will kill Christmas. Cuban said, “I would do is ask them what they bought their kids for christmas last year? Then I go through the list and show them how many were made in China because most of them are. Then I tell them with Trump’s tariffs, all those are probably going to go up 60%, and you’re going to have to make choices. If you elect Donald Trump and he implemented these tariffs is that what you...
  • European Union votes to impose tariffs on Chinese electric vehicles

    10/04/2024 9:36:56 AM PDT · by SeekAndFind · 17 replies
    CNBC ^ | 10/04/2024 | Sophie Kiderlin
    * The European Union on Friday voted to adopt definitive tariffs on China-made battery electric vehicles (BEVs). * "Today, the European Commission's proposal to impose definitive countervailing duties on imports of battery electric vehicles (BEVs) from China has obtained the necessary support from EU Member States for the adoption of tariffs," the EU said in a statement. * The EU added that it was still working in China to look for "an alternative solution" even as the tariffs are adopted.The European Union on Friday voted to adopt definitive tariffs on China-made battery electric vehicles (BEVs). "Today, the European Commission's proposal...
  • Klobuchar: Biden-Harris Have Been Strong on ‘Keeping’ Tariffs, Trump’s Would Be a Tax

    09/30/2024 6:17:02 PM PDT · by ChicagoConservative27 · 16 replies
    Breitbart ^ | 09/30 | Ian hatchett
    On Monday’s broadcast of MSNBC’s “ReidOut,” Sen. Amy Klobuchar (D-MN) stated that the Biden-Harris administration has “been very strong on” Chinese steel dumping “and keeping those tariffs in place.” But 2024 Republican presidential candidate former President Donald Trump’s tariff proposal “would amount to this tax, as opposed to using it, when necessary, with specific industries and specific countries.” Klobuchar began by saying, “Donald Trump’s proposal would [amount] to a $4,000 national sales tax on every American family.” Host Joy Reid then said, “People are literally calling what Trump is trying to initiate a tequila tax. Because I don’t think people...
  • How Trump Could Upend Taxation in America

    09/22/2024 1:44:44 PM PDT · by E. Pluribus Unum · 32 replies
    The New York Times ^ | Sept. 22, 2024Updated 2:33 p.m. ET | Andrew Duehren
    At the start of the summer, when former President Donald J. Trump visited Republicans on Capitol Hill, he hinted at a vision for a vastly different tax system than what the United States has employed for decades. Rather than taxing Americans on the money they earn at their jobs and on their investments, Mr. Trump instead suggested imposing a broad tax on the goods that Americans buy from abroad. In his view, such tariffs could replace income taxes as the main source of federal revenue. The idea, briefly floated behind closed doors, seemed to fizzle, and Mr. Trump did not...
  • US House clears a largely bipartisan package of bills to counter China

    09/12/2024 11:31:07 PM PDT · by blueplum · 3 replies
    AP ^ | 12 Sept 2024 | DIDI TANG and ELSIE CHEN
    WASHINGTON (AP) — The U.S. House this week approved a sweeping package of bills to counter China’s influence, shoring up a largely bipartisan push to ensure America comes out ahead in the competition between the world’s superpowers. The efforts would ban Chinese-made drones, limit China-linked biotech companies from access to the U.S. market, strengthen sanctions and deepen ties with Asian countries. The campaign to target Beijing this week shows how curbing China’s power has emerged as a rare issue of political consensus.... One contentious measure seeks to revive a Trump-era program to root out Beijing’s spying in American universities and...
  • Europe just slashed tariffs on cars made by Tesla in China

    08/20/2024 11:04:02 AM PDT · by Red Badger · 7 replies
    cnn ^ | August 20, 2024 | Hanna Ziady
    The European Union may have just given Tesla’s future sales in the region a boost by setting tariffs on its China-made vehicles considerably below those imposed on rival electric carmakers. The high-profile decision comes two months after the EU hiked tariffs on all electric cars imported from China, citing “unfair” state subsidies that unduly benefited the country’s electric vehicle makers at the expense of European manufacturers. Tesla, which has a factory near Berlin but exports many of the cars it makes in China to Europe, had requested that the EU recalculate its rate, initially set at 20.8%. On Tuesday, the...