U.S. President Donald Trump is urging senior advisers to take a more aggressive stance on tariffs as the administration prepares for a major escalation in its global trade war, the Washington Post reported on Saturday,
From cars to champagne, consumer goods may be more expensive to import and export from Canada, China, Mexico, and other impacted countries.
2don MSN
Foreign leaders were quick to criticize the tariffs, a sign that Trump could be intensifying a broader trade war that could damage growth worldwide.
During the announcement, President Donald Trump made several claims about auto production in the U.S. that were false.
"I think we should look back and maybe restore the power back to Congress," Rep. Don Bacon said about presidential tariff authority.
Here's what today's polls say about President Donald Trump's current approval rating ahead of next week's 25% tariff hike
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Speaking to reporters aboard Air Force One, Trump said that countries, including Britain, have reached out to the United States to negotiate deals and avoid tariffs.
President Trump's proposed tariffs on Irish pharmaceutical imports aim to boost US production but may ultimately harm American businesses and Irish jobs. Irish officials urge US-EU talks to prevent potential economic damage and disruptions to the pharmaceutical supply chain.