Tariffs Archives - Slay News

EU Leader Backs Trump on China Tariffs: ‘Donald Is Right’

European Commission President Ursula von der Leyen praised President Donald Trump’s hard stance on China, agreeing that the Chinese government poses a serious threat to global trade stability. “On this point, Donald is right — there is a serious problem,” von der Leyen said Tuesday during the G7 summit in…

Trump Slams Judges’ ‘Political’ Tariff Decision, Calls on Supreme Court to Step In: ‘So Wrong’

President Donald Trump delivered a forceful rebuke Thursday night after a federal court attempted to block his bold America First tariff policies. As Trump noted, his policies are designed to protect American industries and jobs from foreign exploitation. The U.S. Court of Appeals for the Federal Circuit stepped in to…

Trump’s Poll Numbers Surge Upward amid Good News on Tariffs Plan

A recent poll from Reuters/Ipsos revealed that President Donald Trump's poll numbers are trending positive as his global tariffs plan begins to pay off. The president gained two percentage points this week, reversing the downward trend since January, Fox News reported. In a poll conducted on May 12 and 13,…

U.S Wholesale Prices Crush Economists’ Predictions, Record Largest Drop in 5 Years

Wholesale prices in the United States have just plunged to their lowest level in five years, marking a major win for President Donald Trump's economic agenda. The Producer Price Index (PPI) fell 0.5% in April, the U.S. Bureau of Labor Statistics (BLS) reported on Thursday. The index measures the average change…

America & China Agree to Suspend Tariff Hikes

Amid ongoing negotiations, the United States and Communist China have agreed to suspend most tariff hikes. Both nations have agreed to a 90-day cooling-off period while formal negotiations continue. The agreement was announced on Monday in a joint statement following two days of high-level talks in Geneva, Switzerland. Delegations from…

Trump Refuses to Pull Back on China Tariffs: ‘They’re Getting Absolutely Destroyed’

President Donald Trump has vowed to maintain tariff pressure on Communist China, as he pushes to end America's steep trade deficit with its largest economic competitor. Trump said he sees little reason to dial back 145% tariff rates right now because China's economy is buckling. During a combative interview with…

Trump Touts Flood of Capital Investment in U.S from Major Companies

President Donald Trump has touted a flood of new capital investments in the U.S. as proof that his bold economic reforms are restoring American industry. It comes as Trump's critics continue to stoke fears about the impact of the president's global tariffs. At a White House event, Trump welcomed the…

General Motors to Slash Production at Canadian Manufacturing Plant Over Trump Tariffs

American automotive giant General Motors (GM) has announced that it is responding to President Donald Trump's tariffs by slashing production at one of its Canadian manufacturing plants. The automaker is cutting back on production at a truck plant in Oshawa, Ontario. In an announcement, the company said it is eliminating…

JD Vance Casts Tiebreaking Vote as Senate Republicans Join Democrats to Block Trump’s Tariffs

The U.S. Senate failed to pass a Democrat-led resolution that sought to block President Donald Trump's tariffs, even after Republican senators crossed the aisle during the vote. The resolution was shot down after Vice President JD Vance cast the tiebreaking vote. Three Republicans sided with 46 Democrats in favor of…

White House Slams ‘Hostile’ Amazon for Displaying Tariff Costs for Customers

The White House has fired back after Amazon took the "hostile" steps of adding the cost of President Donald Trump's global tariffs to the price of products. The tariffs were added to the price of products on Amazon, according to Punchbowl News. However, the move has irked the Trump administration.…