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US economy slows sharply, shrinking 0.3% in the first quarter, as tariffs weigh
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Approved, Fox Business, National

US economy slows sharply, shrinking 0.3% in the first quarter, as tariffs weigh

By Eric Revell  | Fox Business The U.S. economy contracted in the first quarter as President Donald Trump's economic agenda took effect, according to new data released on Wednesday. The Commerce Department's Bureau of Economic Analysis (BEA) released its advance estimate for first quarter gross domestic product (GDP), which found the U.S. economy contracted at an annual rate of 0.3% in the first quarter, which runs from January through March. Economists surveyed by LSEG had expected the economy to grow at a 0.3% rate in the quarter. The first quarter's 0.3% contraction was slower than the 2.4% GDP growth recorded in the fourth quarter. The quarterly contraction was the first since the first quarter of 2022. The decline in GDP was attributed primarily to an i...
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Amazon denies report that ‘tariff cost’ will be shown next to product prices
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Approved, Breitbart, National

Amazon denies report that ‘tariff cost’ will be shown next to product prices

By Simon Kent | Breitbart The price of products Amazon Inc. displays in its online store may soon include the listed price and how much was added to the value due to President Donald Trump’s tariff impositions. Punchbowl News reported on Tuesday that, according to a source familiar with the matter, the e-commerce giant will start showing the figure added to the value because of the duties right alongside a product’s total price. The move is reportedly an effort by Amazon to inform customers cost rises have nothing to do with it and everything to do with the Trump White House. READ THE FULL STORY AT BREITBART
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Donald Trump, Scott Bessent reveal which country could be close to making trade deal
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Approved, National, The Daily Caller

Donald Trump, Scott Bessent reveal which country could be close to making trade deal

By Harold Hutchison | Daily Caller President Donald Trump and Secretary of the Treasury Scott Bessent said on Thursday that negotiations over a potential trade agreement with South Korea are making progress. Trump announced a 90-day pause on reciprocal tariffs via an April 9 post on Truth Social that also announced substantial increases on tariffs on Chinese exports to the United States, a week after he initially unveiled the duties on imports. Bessent said that the talks with South Korea had gone “faster” than he expected.  “Yes, I will,” Trump said when asked if he would be meeting world leaders while in Italy to attend the funeral of Pope Francis. “I would like to meet them all. That would be nice. I would like to take care of all of them. Many of them there. They all want to m...
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Colorado joins multistate lawsuit challenging Trump administration tariffs
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Approved, denvergazette.com, National, State

Colorado joins multistate lawsuit challenging Trump administration tariffs

By Marissa Ventrelli | Denver Gazette Colorado has joined a multistate lawsuit against the Trump administration for imposing tariffs on about 90 different countries, Attorney General Phil Weiser and Gov. Jared Polis announced Wednesday. Weiser and Polis said the tariffs are "destroying our economy, increasing costs on Americans, plunging markets, and putting America on the track to a recession." The president has argued that the tariffs would reverse decades of what he called unfair treatment in the form of a trade deficit by the rest of the world. His trade policy, he said, would result in factories and jobs moving back to the United States. The states on the suit included Oregon, Arizona, Illinois, and New York. "Coloradans are already starting to feel the effects of the T...
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Stocks attempt third day of gains, Trump eyes softer tariff tone
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Approved, Fox Business, National

Stocks attempt third day of gains, Trump eyes softer tariff tone

By FOX Business Team , Christina Shaw, Bradford Betz and Stephen Sorace | Fox Business Stocks are higher on Thursday, extending gains from the prior two sessions. The Dow Jones Industrial Average was up more than 300 points, or 0.8%, while the S&P 500 and Nasdaq Composite climbed 1.5% and 2%, respectively. The major indexes opened mixed on Thursday after China said there are no ongoing talks with the U.S. on tariffs. Ministry of Commerce spokesman He Yadong said on Thursday that "Any claims about the progress of China-U.S. trade negotiations are groundless as trying to catch the wind and have no factual basis," according to The Associated Press. READ THE FULL STORY AT FOX BUSINESS
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Over 100 countries have approached US ‘wanting to help rebalance global trade’: Treasury’s Bessent
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Approved, Fox Business, National

Over 100 countries have approached US ‘wanting to help rebalance global trade’: Treasury’s Bessent

By FOX Business Team , Christina Shaw and Stephen Sorace | Fox Business Treasury Secretary Scott Bessent said on Wednesday that more than 100 countries have approached the U.S. "wanting to help rebalance global trade" in response to President Donald Trump's tariff announcements. "These countries have responded openly and positively to the president's actions to create a more balanced international system," Bessent said at the Institute of International Finance. "We are engaged in meaningful discussions, and look forward to talking with others." READ THE FULL STORY AT FOX BUSINESS
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Hurd, Bacon, Gottheimer, Meeks introduce bill to restore Congress’ constitutional role in trade
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Approved, National, The Fence Post

Hurd, Bacon, Gottheimer, Meeks introduce bill to restore Congress’ constitutional role in trade

By The Fence Post Rep. Jeff Hurd, R-Colo., along with Reps. Don Bacon, R-Neb., Josh Gottheimer, D-N.J., and Gregory Meeks, D-N.Y., introduced bipartisan legislation to return Congress’ constitutionally authorized role in setting and approving U.S. trade policy. H.R.2665, The Trade Review Act of 2025, requires that unilateral tariffs proposed by the executive branch receive congressional authority. This legislation is the companion bill to Sens. Chuck Grassley, R-Iowa, and Maria Cantwell’s, D-Wash., legislation, The Trade Review Act of 2025, which mirrors Grassley’s 2019 Section 232 tariff reform efforts as Senate Finance Committee Chairman during the first Trump administration. “As a constitutional conservative, I am proud to co-lead the Trade Review Act of 2025, re...
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Trump says new tariffs on semiconductor chips coming in ‘very near future’
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Approved, Daily Wire, National

Trump says new tariffs on semiconductor chips coming in ‘very near future’

By Leif Le Mahieu | Daily Wire President Donald Trump said Sunday that he would announce new tariffs targeting semiconductors in the next week amid an ongoing trade war with China. While speaking to reporters on board Air Force One, Trump said new tariffs on electronic goods, including semiconductors, were in the pipeline. Semiconductors are used in a wide variety of electronic goods like smartphones and computers. “The tariff will be in place in the not distant future because as you know, like we did with steel, like we did with automobiles, like we did with aluminum, which are now fully on, we’ll be doing that with semiconductors, with chips, and numerous other things. And that will take place in the very near future,” Trump said, adding that the goal was to move semiconductor a...
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Desperate China pleads with E.U. to ‘Jointly resist unilateral bullying’ of Trump tariffs
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Approved, Breitbart, National

Desperate China pleads with E.U. to ‘Jointly resist unilateral bullying’ of Trump tariffs

By Simon Kent | Breitbart An increasingly desperate China on Friday pleaded with European Union (E.U.) members to join with Beijing in resisting “unilateral bullying” posed by punitive tariffs introduced by U.S. President Donald Trump. Chinese President Xi Jinping made the call as he met Spanish Socialist Prime Minister Pedro Sanchez. State news agency Xinhua said Xi had stressed the need for cooperation between the bloc and China in weathering Beijing’s mounting trade war with Washington. It came 24-hours after Australia rejected the same plea from Beijing, as Breitbart London reported. READ THE FULL STORY AT BREITBART
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Trump’s big move: It wasn’t bungling. It wasn’t 4D chess. It was being flexible enough to get what he wanted
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Approved, Commentary, National, Washington Examiner

Trump’s big move: It wasn’t bungling. It wasn’t 4D chess. It was being flexible enough to get what he wanted

By Byron York | Washington Examiner As a week of intense tariff mania ends and a new period of negotiations begins, President Donald Trump has 1) started a trade war with China, imposing a 125% tariff on all imports from that country; 2) imposed a 10% global baseline tariff on the world; 3) imposed tariffs on steel, aluminum, some autos, and auto parts; and 4) paused for 90 days a long list of higher “reciprocal” tariffs on many countries. And here’s the kicker: After all that, the world, in the words of many analysts, is “breathing a sigh of relief.” Trump has imposed a tariff regime that would have horrified much of the political and financial establishment just a few months ago, and now, they are happy that he did not do more. Both Trump’s detractors an...
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