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European Union enacts retaliatory tariffs as Trump trade war escalates
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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...
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Canada backs down on electricity surcharge after Trump tariff threats
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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...
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Trump announces flurry of additional tariffs on Canada
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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...
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Trump tariffs take effect: What to know
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Approved, Fox Business, National

Trump tariffs take effect: What to know

By Daniella Genovese  | Fox Business President Donald Trump imposed tariffs on Canada and Mexico and an additional levy on China on Tuesday, escalating tensions with key trading partners.  The U.S. began imposing a 25% tariff on goods from Canada and Mexico Tuesday, and an additional 10% levy on Chinese imports as Trump looks to curtail drug trafficking and illegal immigration. Earlier this year, the administration delayed these tariffs to allow Canada and Mexico time to negotiate trade deals aimed at addressing U.S. border security and halting the flow of drugs like fentanyl. READ THE FULL STORY AT FOX BUSINESS
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Trump confirms tariffs on Mexico, Canada will be implemented March 4
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Approved, Daily Wire, National

Trump confirms tariffs on Mexico, Canada will be implemented March 4

By Hank Berrien | Daily Wire President Donald Trump on Thursday confirmed that tariffs on imports from Canada and Mexico will indeed be implemented on March 4, as well as hitting China with an additional 10% tariff. “Drugs are still pouring into our Country from Mexico and Canada at very high and unacceptable levels,” Trump wrote on Truth Social. “A large percentage of these Drugs, much of them in the form of Fentanyl, are made in, and supplied by, China. More than 100,000 people died last year due to the distribution of these dangerous and highly addictive POISONS. Millions of people have died over the last two decades. The families of the victims are devastated and, in many instances, virtually destroyed. We cannot allow this scourge to continue to harm the USA, and therefore,...
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Top automaker could move some production out of Mexico amid Trump tariff talks, CEO says
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Approved, Fox Business, National

Top automaker could move some production out of Mexico amid Trump tariff talks, CEO says

By  Cameron Arcand  | Fox Business Nissan CEO Makoto Uchida suggested President Trump’s tariffs could force the car manufacturer to shift its production outside of Mexico. "From Mexico to the U.S., we are exporting a significant number of cars this fiscal year[…] 320,000 units are exported from Mexico to the U.S., and if the high tariffs are imposed, we need to be ready for this, and maybe we can transfer the production of these models elsewhere if this were the decision, we will think how we can make it a reality while monitoring the situation," Uchida said, according to a translation on Reuters. The move could be a major blow to Mexico’s auto production sector, as nearly 670,000 vehicles were made by Nissan in the country last year, with over 456,000 of those being exporte...
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Trump’s Treasury secretary shuts down any tariff concerns, praises ‘frictionless global trade’
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Approved, Fox Business, National

Trump’s Treasury secretary shuts down any tariff concerns, praises ‘frictionless global trade’

By Kristen Altus  | Fox Business Less than one day after President Donald Trump signed off on a reciprocal tariff plan, the administration’s Treasury secretary shut down any economic concerns around the state of global trade. "President Trump is serious about negotiating this. And look, I don't understand why there's any pushback on this, that if they want to bring all these barriers down, then we will have more frictionless global trade," Scott Bessent said Friday in an exclusive interview on "Mornings with Maria." "As we've learned with President Trump, you should take him at his word. This is not theater," he continued. "The April 1 deadline is for a study that the Commerce Department is doing on global tariffs that apply to U.S. products country by country." READ THE F...
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Trump agrees to pause tariffs on Canada in exchange for more border enforcement
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Approved, Fox News, National

Trump agrees to pause tariffs on Canada in exchange for more border enforcement

By Louis Casiano | Fox News President Donald Trump will pause additional tariffs on Canadian imports for 30 days following a call with Prime Minister Justin Trudeau, who made some concessions to temporarily stave off the levies.  Trump and Trudeau spoke via phone Monday, hours before additional 25% tariffs were to take effect on Canadian goods coming into the United States. In a post on X, Trudeau said Canada will implement a $1.3 billion border plan and will appoint a fentanyl czar.  In addition, Canada will reinforce its border with new helicopters, technology, personnel and enhanced coordination with American authorities. He added that nearly 10,000 personnel are and will be working on border protection.  READ THE FULL STORY AT FOX NEWS
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Trump agrees to delay tariffs after Mexican President vows to send troops to border
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Approved, National, National Review

Trump agrees to delay tariffs after Mexican President vows to send troops to border

By David Zimmermann | National Review President Donald Trump agreed to delay the imposition of sweeping tariffs on Mexico by one month after Mexican President Claudia Sheinbaum promised to send 10,000 troops to the southern border to help the U.S. curb illegal immigration and fentanyl trafficking. The agreement came Monday morning, two days after Trump signed three executive orders authorizing 25 percent tariffs on imported goods from Mexico and Canada and a lower 10 percent tariff on products from China. Trump spoke with Sheinbaum and Canadian Prime Minister Justin Trudeau, both of whom vowed a retaliatory response to the U.S. tariffs. Trump confirmed the long-awaited tariffs on Mexico were paused for one month to allow room for negotiations, ho...
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Canada punches back against Trump with major tariffs of its own as trade war set to begin on Tuesday
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Approved, Fox Business, National

Canada punches back against Trump with major tariffs of its own as trade war set to begin on Tuesday

By Christopher Guly  | Fox Business Canada is responding to President Donald Trump’s 25% tariffs imposed on Saturday against its northern neighbor with its own major retaliatory measures, Canadian Prime Minister Justin Trudeau announced late Saturday night. As of Tuesday, when the U.S. tariffs take effect, Canada will impose 25% duties on about $21 billion of American goods with a further $86 billion to follow within 21 days to allow Canadian companies and supply chains to find alternatives, Trudeau told reporters at a news conference on Parliament Hill in Ottawa, surrounded by his foreign affairs, finance and public safety ministers. He said the Canadian tariffs on U.S. imports will cover a "far-reaching" range of products, including American beer, wine, bourbon, fruits and frui...
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