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South Dakota Senator: Don’t blame US cattle producers for beef prices #shorts #beef #argentina
Bloomberg Television· 2025-10-28 23:11
We've heard the president suggesting maybe uh something that he and the United States could do to help Argentina would be to increase the amount of beef imported into this into this country. That's something I gather you stand firmly against and I wonder if you feel like the administration has satisfactorily heard you out on that. Uh if you think this is something the president is not going to pursue.>> Yeah. Look, I I I disagree with bringing in beef from Argentina. There's no question about that.But it is ...
X @Bloomberg
Bloomberg· 2025-10-14 04:05
The US is now collecting tariffs on imported lumber, kitchen cabinets, bathroom vanities and upholstered furniture https://t.co/R14XsxJ5au ...
Trump Threatens 'Massive' Tariffs on Goods From China
Bloomberg Television· 2025-10-10 16:57
So, Tyler, back up a little bit here and give us some context for this post. Right, Exactly, Scarlett. So in recent days, we actually have seen Beijing move to unveil some new export curbs when it comes to critical and rare earth minerals, expanding both the elements and the technology on its control list.It's also a move to require overseas exporters of items that have even trace trace amounts of Chinese source critical minerals in them to apply for separate export licenses. And that is considered to be a ...
X @TechCrunch
TechCrunch· 2025-09-26 14:41
The Trump administration wants the industry to reach a 1:1 ratio of domestically produced and imported chips. https://t.co/ecT5eZ8MOT ...
Trump’s Tariffs Are Raking in Billions. Where Does It All Go? | WSJ
The Wall Street Journal· 2025-09-12 14:01
Tariff Revenue & Collection - The US collected over $159 billion in tariff revenue by early September, a 148% increase year-over-year, equating to $642 million per day [3][4] - Projections estimate the government will collect approximately $29 trillion in tariff revenue over the next 10 years, starting next year [5] - Importers typically have 10 to 30 days to pay tariffs after their goods arrive in the US [10] - Collected tariff money is sent to the US Treasury's General Fund, and Congress decides how to allocate it [11] Impact on Trade & Importers - Increased tariffs on Chinese goods to 145% in April led to a plunge in imports at the Port of Los Angeles [7] - Reducing tariffs to 30% in May resulted in a surge of cargo, with the port complex handling over 1 million containers in July [8] - Importers are responding to higher tariffs by negotiating with suppliers, asking them to share the increased tariff rate, and raising prices for consumers [10] Policy & Future Implications - A federal appeals court struck down Trump's tariffs, but the Supreme Court agreed to hear his appeal [15] - The motivation behind using tariffs as a revenue generator is to address the unsustainable debt path of the US [14] - The US government may use tariff revenue to pay down debt, issue rebate checks, or replace the federal income tax [12][13] - Domestic firms have organized around existing tariffs, making them difficult to remove, as they have made investments and increased prices [15]