Rocky Mountain Voice

Tag: Tariffs

US Commerce Secretary Howard Lutnick reveals 50 nations reached out to negotiate tariffs, warns ‘there is no postponing’
Approved, National, New York Post

US Commerce Secretary Howard Lutnick reveals 50 nations reached out to negotiate tariffs, warns ‘there is no postponing’

By Ronny Reyes | New York Post Commerce Secretary Howard Lutnick said about 50 nations have reached out to the US to discuss President Trump’s sweeping tariffs, though he said nothing will stop the levies from going forward. Defending the president’s economic plan on Sunday, Lutnick said the calls from foreign officials prove that “these countries know that they’ve been ripping us off,” suggesting there was no room for negotiations. “There is no postponing,” he told CBS’s “Face the Nation.” “They are definitely going to stay in place for days and weeks.” READ THE FULL STORY AT THE NEW YORK POST
Trump says Vietnam offers to cut tariffs on America to zero
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
Trump says China ‘played it wrong’ with tariff retaliation, vows ‘my policies will never change’ 
Approved, National, New York Post

Trump says China ‘played it wrong’ with tariff retaliation, vows ‘my policies will never change’ 

By Diana Glebova | New York Post President Trump stood by his “Liberation Day” reciprocal tariff package Friday after China hit back with a 34% tariff on US goods, promising investors that his “policies will never change.” In a string of all-caps Truth Social posts, the president argued his duties will withstand the test of the markets, which plunged yet again in the first hour of Friday trading. “CHINA PLAYED IT WRONG, THEY PANICKED – THE ONE THING THEY CANNOT AFFORD TO DO!” he wrote. READ THE FULL STORY AT THE NEW YORK POST
Liberation day and the end of the world’s trade war against America
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...
Trump threatens even larger tariffs on EU, Canada if they work together to cause ‘economic harm’ to the US
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...
Trump slaps tariff on all countries that buy oil from Venezuela
Approved, Daily Wire, National

Trump slaps tariff on all countries that buy oil from Venezuela

By  Zach Jewell | Daily Wire President Donald Trump announced on Monday that any nation that purchases oil from Venezuela would be hit with a 25% tariff by the United States. Trump wrote on Truth Social that the “Secondary Tariff” on Venezuela is in response to the country “purposefully and deceitfully” sending violent criminals to the United States. The Trump administration has begun deporting alleged violent Venezuelan illegal immigrants to El Salvador, where they are being held in a notorious prison. “Among the gangs they sent to the United States, is Tren de Aragua, which has been given the designation of ‘Foreign Terrorist Organization.’ We are in the process of returning them to Venezuela — It is a big task!” Trump said. “In addition, Venezuela has been very hostil...
EU delays imposing first round of retaliatory tariffs against US until mid-April
Approved, Fox Business, National

EU delays imposing first round of retaliatory tariffs against US until mid-April

By Pilar Arias , Bonny Chu  | Fox Business The European Union (EU) has delayed imposing its first retaliatory tariffs against the U.S. until mid-April, after President Donald Trump threatened a 25% tariff increase on all steel and aluminum imports earlier this month, according to Reuters.  The countermeasures of around $28 billion on U.S. goods, including a 50% tariff on American whiskey, were originally set to phase in on April 1, with a second wave to hit on April 13. However, the EU decided on Thursday to delay imposing all retaliatory tariffs until mid-April, Reuters reported. READ THE FULL STORY AT FOX BUSINESS
European Union enacts retaliatory tariffs as Trump trade war escalates
Approved, National, National Review

European Union enacts retaliatory tariffs as Trump trade war escalates

By James Lynch | National Review The European Union is enacting retaliatory tariffs against various U.S. products in response to President Donald Trump’s 25 percent steel and aluminum tariffs that went into effect Wednesday. The EU tariffs will impact up to $28 billion of U.S. exports once they are implemented next month in two phases beginning April 1 and April 13. U.S. goods that will be impacted by the tariffs include steel and aluminum products, textiles, bourbon, motorcycles, and numerous agricultural products. “We deeply regret this measure. Tariffs are taxes. They are bad for business, and even worse for consumers. These tariffs are disrupting supply chains. They bring uncertainty for the economy. Jobs are at stake. Prices will go up. In Europe and in the United States. The...
Canada backs down on electricity surcharge after Trump tariff threats
Approved, Daily Wire, National

Canada backs down on electricity surcharge after Trump tariff threats

By Mairead Elordi | Daily Wire Canada backed down from its threat to impose a 25% surcharge on electricity coming into the Unites States after President Donald Trump said he would double tariffs on Canada’s steel and aluminum products. Ontario Premier Doug Ford said Tuesday that he had agreed to suspend the electricity import surcharge after speaking with Commerce Secretary Howard Lutnick, which the two called a “productive conversation” in a joint statement. Ford and Lutnick said they plan to meet on Thursday to discuss renewing the trade deal between the United States, Canada, and Mexico that Trump signed during his first term ahead of April 2, when the United States plans to impose reciprocal tariffs on almost every country. READ THE FULL STORY AT THE DAILY WIRE...
Trump announces flurry of additional tariffs on Canada
Approved, National, The Daily Caller

Trump announces flurry of additional tariffs on Canada

By Reagan Reese | Daily Caller President Donald Trump announced a flurry of new tariffs on Canada set to take effect Wednesday. Trump posted Tuesday on TruthSocial to announce that he directed the secretary of the Department of Commerce to double the previously announced 25% Canadian tariff on steel and aluminum. The tariffs are expected to go into effect Wednesday, Trump said, as he called on Canada to “drop their Anti-American Farmer Tariff of 250% to 390% on various U.S. dairy products.” “I will shortly be declaring a National Emergency on Electricity within the threatened area,” Trump wrote, who added that the additional tariffs were also in response to an electricity tax the country imposed on the U.S. “This will allow the U.S. to quickly do what has to be done to alleviate t...