Tariffs Archives - Slay News

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.…

Apple to Shift All American iPhone Assembly from China to India

Tech giant Apple is planning to move the assembly of all iPhones sold in America from China to India, according to reports. According to people familiar with the matter who spoke with the Financial Times, all American iPhones will be assembled in India by the end of next year. The Financial…

Trump Reveals ‘There Will Be a Trade Deal, 100%’ with Europe in Meeting with Italy’s Meloni

President Donald Trump has declared that he will "100%" strike a trade deal with Europe while meeting with Italy's Prime Minister Giorgia Meloni in the White House. Meloni is the first European leader to visit the White House since Trump paused his planned tariffs last week. When he met with…

Trump: ‘There’s a Real Chance’ Tariffs Could Replace Income Tax

President Donald Trump has revealed that his global tariffs plan could bring in enough federal revenue that he could completely eliminate income tax for American citizens. Trump said in a new Fox News interview that "there's a real chance" tariffs could replace income tax. Fox News' Rachel Campos-Duffy asked Trump…

Trump Confirms Tariff Exemption for Electronics Is Temporary: ‘NOBODY Getting Off the Hook’

President Donald Trump has clarified that electronics are not exempt from his new tariffs, warning that "NOBODY is getting 'off the hook.'" The warning comes as Trump redoubled his promise to end "unfair" trade policies once and for all. The president confirmed that America's trading partners are not "off the…

Elon Musk’s Brother Urges Trump to Fire Top Trade Advisor as Tariff Feud Escalates

Elon Musk's younger brother Kimbal has called on President Donald Trump to fire his senior trade advisor Peter Navarro amid an escalating feud. Navarro is one of Trump's strongest backers on tariffs. However, a rift has widened between Musk and Navarro over trade policy. The feud escalated when Navarro attacked…

Trump Announces 90-Day Pause on Most Tariffs But Raises China’s to 125% ‘Effective Immediately’

President Donald Trump has just announced that he's pausing tariffs on most countries, except Communist China. In a post on Truth Social, Trump delivered a devastating blow to the Chinese Communist Party. Trump said he's raising the tariff imposed on China to 125%, "effective immediately." The president noted that he's…