Americans could soon be saying arrived to their favorite Italian pastas. Imports from 13 Italian pasta brands, including favorites like Barilla and Rumo, are staring down a 107% tariff that could hit American shelves as early as January. The Commerce Department alleging that Italian pasta makers are dumping products on the US at less than normal value.For shoppers, that added tax could mean paying twice as much for the real deal. If the Italian companies choose to sell their pastas here at all,. ...

Fiscal Policy & Government Spending - The prospect of $2,000 rebate checks from the president in the coming year is unlikely [1] - A similar tax rebate initiative during COVID, involving $1,500 per person and $500 per child, amounted to $292 billion [1] - Implementing $2,000 checks for everyone now is projected to cost upwards of $450 billion [2] Tariffs & Revenue - Tariffs have generated $89 billion in revenue under the AIPA statute this year [2] - Tariff revenue alone cannot cover the cost of the proposed rebate checks [2] Budget & Taxation - The president is expected to include the rebate proposal in the fiscal year 2026 budget, anticipated in February [2] - Funding the rebate checks would necessitate raising taxes elsewhere [2]

Don’t Spend Trump’s $2,000 A Person Tariff Dividend Check Just Yet https://t.co/TaTOxuWz6T ...

President Trump said he “at some point” would reduce the tariff rate on Indian goods, saying the US was getting “pretty close” to a trade deal with New Delhi https://t.co/OGjZIIdk70 ...

Well, right now the tariffs are very high on India because of the Russian oil and they've stopped doing the Russian oil. It's it's been reduced very substantially. Yeah, we're going to be bringing the tariffs down.You know, we're making a deal with India, much different deal than we had in the past. So, right now they don't love me, but they'll love us again. Uh we're getting a fair deal, just a fair trade deal.We had pretty unfair trade deals. They're very good negotiators, sir. Just you have to take a loo ...

Trade Relations - The US President indicated a potential reduction in tariff rates on Indian goods, suggesting progress towards a trade agreement with India [1] - The US aims to achieve a "fair deal" with India in trade negotiations [1]

Italy’s top pasta makers could face a 107% tariff in the U.S., reigniting a decades-old rivalry with American companies. 🔗 https://t.co/7WeIBK37Ar https://t.co/VbpGZUSH3b ...

Joining me now, the Washington bureau chief for USA Today, Susan Paige, and former Republican congressman from Florida, Carlos Carbelloo, who is also an MSNBC political analyst. Uh, Susan, is this an economic plan. Well, the president apparently didn't tell his Treasury Secretary about it because on one of the Sunday shows yesterday, uh, Secretary Bessant seemed to know nothing about it and tried to explain, walk it back, saying maybe some of the tax cuts that were part of the, uh, the bill that's already b ...

Trade & Tariffs - Switzerland is nearing a 15% tariff agreement on exports to the US [1] - This agreement would provide relief after facing a 39% tariff in August [1]

JUST IN: 🇺🇸 President Trump says our 'massive' tariff revenue will be used to "substantially pay down national debt." ...