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White House clarifies new China tariff rate of 145%, not 125%
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Approved, National, Washington Examiner

White House clarifies new China tariff rate of 145%, not 125%

By Christian Datoc | Washington Examiner President Donald Trump is leveraging a 145% tariff rate, higher than previously thought, on Chinese goods, according to White House officials. Trump made headlines and shifted financial markets Thursday by announcing a 90-day pause on his reciprocal tariff agenda for all U.S. trading partners besides China, Canada, and Mexico. Throughout the pause, the administration will seek to broker bilateral agreements with more than 80 trading partners now facing a 10% tariff rate for the next three months. Canada and Mexico will still be subject to a 25% tariff rate for all non-USMCA-compliant goods, but the president bumped China’s tariff rate to 125% after Beijing placed new tariffs on American exports. However, White Hou...
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Trump opens talks with South Korea on tariffs
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Approved, National, Washington Examiner

Trump opens talks with South Korea on tariffs

By Jack Birle | Washington Examiner President Donald Trump was optimistic after speaking with acting South Korean President Han Duck-soo about getting a “great deal” on tariffs and other matters with the Asian country. Trump’s phone call with the South Korean leader comes a day after he spoke with Japanese Prime Minister Shigeru Ishiba about beginning negotiations on trade amid his new sweeping tariff policy. READ THE FULL STORY AT THE WASHINGTON EXAMINER
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Trump threatens additional 50% tariff on China
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Approved, National, Washington Examiner

Trump threatens additional 50% tariff on China

By Christian Datoc | Washington Examiner President Donald Trump said Monday that he would impose an additional 50% tariff on all Chinese goods if Beijing doesn’t withdraw retaliatory taxes on United States imports. Beijing responded to the president’s “Liberation Day” announcement last Wednesday with a 34% tariff on U.S. goods slated to take effect this week, which prompted Trump to raise the stakes again Monday morning. READ THE FULL STORY AT THE WASHINGTON EXAMINER
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Trump says Vietnam offers to cut tariffs on America to zero
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Approved, Breitbart, National

Trump says Vietnam offers to cut tariffs on America to zero

By Nick Gilbertson | Breitbart President Donald Trump announced that Vietnam wants to drop tariffs on U.S. goods entirely if a deal can be struck between the countries. Trump revealed the major development following a phone call with the general secretary of Vietnam’s Communist Party, To Lam. “Just had a very productive call with To Lam, General Secretary of the Communist Party of Vietnam, who told me that Vietnam wants to cut their Tariffs down to ZERO if they are able to make an agreement with the U.S.,” Trump wrote in a Truth Social post. READ THE FULL STORY AT BREITBART
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Stock market sell-off continues with Dow down 1,000 points at opening
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Approved, National, Washington Examiner

Stock market sell-off continues with Dow down 1,000 points at opening

By Jack Birle | Washington Examiner Despite a strong jobs report, the stock market continued to tank Friday morning in the fallout of President Donald Trump‘s sweeping tariff plan. The Bureau of Labor Statistics reported Friday that the economy added 228,000 jobs in March, while the unemployment rate increased slightly to 4.2%. The jobs figure was above expectations, but Trump’s tariff plan unveiled Wednesday, calling for at least 10% tariffs on most countries’ imports in the U.S., has markets concerned. READ THE FULL STORY AT THE WASHINGTON EXAMINER
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Jobs crush expectations with 228,000 added in March as Trump economy defies critics
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Approved, Breitbart, National

Jobs crush expectations with 228,000 added in March as Trump economy defies critics

By John Carney | Breitbart Employers in the United States added 228,000 workers to their payrolls in March, the Department of Labor said Friday, and the unemployment rate inched up to 4.2 percent. Economists had been expecting just 140,000 jobs would be added in March. The climb in the unemployment rate was expected. The private sector’s hiring was much stronger than expected. Economists had forecast 115,000 jobs. Businesses added 209,000 jobs. READ THE FULL STORY AT BREITBART
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Ford Motor Company will offer employee pricing to all US shoppers
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Approved, Fox Business, National

Ford Motor Company will offer employee pricing to all US shoppers

By Sophia Compton , Grady Trimble  | Fox Business U.S. shoppers will be able to save on Ford vehicles this spring through a new initiative called From America, For America. American consumers will have access to Ford's employee pricing from April 3 through June 2. This means customers will pay the same amount as Ford's workers, which is below the dealer invoice price, a spokesperson for the automobile manufacturer told Fox News Digital in an email. "We have the retail inventory to do this and a lot of choice for customers that need a vehicle," Ford Motor Company said in a statement. READ THE FULL STORY AT FOX BUSINESS
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Liberation day and the end of the world’s trade war against America
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Approved, Breitbart, National

Liberation day and the end of the world’s trade war against America

By John Carney | Breitbart Tariffs Are Blooming in the Rose Garden President Trump is set to step into the Rose Garden tomorrow for what may be the most consequential economic announcement of his second term. Markets are bracing. Diplomats are dialing. Pundits are speculating wildly. But no one—not Wall Street, not foreign governments, not even some inside the West Wing—seems to know exactly what will be announced. This, as it turns out, is part of the design. Trump has dubbed it Liberation Day—a piece of branding with more substance than cynicism. For weeks, he’s signaled that a sweeping new tariff regime is coming. Twenty percent across the board? A reciprocal system that mirrors foreign rates? Something hybrid and more complex? The ambiguity is not a bug. It’s...
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Trump threatens even larger tariffs on EU, Canada if they work together to cause ‘economic harm’ to the US
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Approved, Fox Business, National

Trump threatens even larger tariffs on EU, Canada if they work together to cause ‘economic harm’ to the US

By Bradford Betz | Fox Business President Donald Trump early Thursday threatened even larger tariffs on the European Union and Canada if both economies worked together to do "economic harm to the USA."  Writing on his Truth Social platform, the president warned: "If the European Union works with Canada in order to do economic harm to the USA, large scale Tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of these countries has ever had!"  The post comes after the president announced on Wednesday he would impose a 25% tariff on all imported autos.  The European Automobile Manufacturers' Association (ACEA) issued a statement Thursday saying it was "deeply concerned" by Trump's announcement of additional tarif...
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Some economic indicators point toward a recession, Colorado financial adviser analyzes
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Approved, DENVER7, State

Some economic indicators point toward a recession, Colorado financial adviser analyzes

By Rachel Wingrat | Denver7 There's been a lot of uncertainty recently about whether or not the United States will soon enter a recession. But some indicators suggest that's the direction we're headed, according to Colorado financial adviser Bruce Allen. Allen said there are four reasons economists think a recession could be coming: consumer confidence is declining, stocks are falling, markets are becoming more volatile and short-term interest rates are higher than long-term interest rates. Allen said, that last one has come before every recession since 1960. READ THE FULL STORY AT DENVER7
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