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'Who pays the tariffs?': Chief Justice Roberts grills Solicitor General
MSNBC· 2025-11-05 16:11
But I mean and I think this is a question for the other side as well. It's too too facing. Yes, of course, tariffs and dealings with foreign powers.But the vehicle is imposition of taxes uh on on Americans. And that has always been the core power of Congress. So to have the president's foreign affairs power trump that that uh basic power uh for Congress uh seems to me to kind of at least ne neutralize uh between the two powers the executive power and the legislative power.>> Let me say two things in respons ...
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Bloomberg· 2025-11-04 13:52
China unveiled a new program to boost imports from other countries, as Beijing seeks to mitigate trading partners’ concerns over the nation’s goods flooding their market and crowding out local industries https://t.co/vQXhgysJH7 ...
Drought is causing high beef price: Senator defends Trump's Argentina plan
MSNBC· 2025-10-24 17:39
Beef Market & Trade - The administration plans to lower consumer beef prices through increased beef imports [1] - The US imports about 12% of its beef, mainly hamburger, and exports 12% of high-value beef products [4][13] - Argentina's beef contribution is minimal, accounting for only one-tenth of 1% of the market [4] - Reduced cattle imports from Mexico (typically 120 万 cattle) due to screw worm and decreased imports from Brazil due to tariffs impact beef supply [5] Factors Affecting Beef Prices - Drought conditions have led to the smallest cattle herd in over 70 years, impacting beef supply [6] - It takes approximately 3 years to rebuild the cattle herd [7] - Packing plants, controlling about 90% of the industry, may be influencing beef prices [8] - Farmers receive $2 per pound for beef, while it sells for $15, indicating a significant margin for intermediaries [9] Geopolitics & Trade - The president considers a potential $20 billion or more bailout of Argentina, viewing it as a strategic move against China's influence in South America [11][12] - Allowing Argentina to sell beef in the US could replace some imports from Brazil and strengthen ties in South America [13] - Securing the border and lowering gas prices are seen as successes of the administration [16]
Trump's Argentina beef plan angers U.S. farmers, some GOP
MSNBC· 2025-10-24 02:09
So, I'm in Argentina in cattle country a couple hours outside Buenocidis. I'm at a small ranch which is actually a breeding operation. They help other bigger ranches improve the genetic stock of their cattle.And I interviewed the the owner of this operation whose name is Martin Bwano. And he said that he's thrilled about the idea of the US dramatically increasing imports of Argentinian beef, which is something Donald Trump has said he wants to do. Uh Martin said that that would be really good for business a ...
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Bloomberg· 2025-10-20 21:56
The US is weighing tariffs of up to 100% on all imports from Nicaragua, the Office of the US Trade Representative said https://t.co/KXBFO3ptBs ...
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Bloomberg· 2025-10-20 15:50
President Trump vowed to boost beef imports from Argentina as the US faces soaring meat prices, though the increase may provide little relief to American consumers https://t.co/WPUxfjQ7n5 ...
Trump’s Tariff Shift and the End of Duty-Free Imports
Bloomberg Television· 2025-10-15 12:44
This is a story about painting with a very broad brush. In late July of this year, President Trump declared an end to a tariff exemption for small shipments. It may have been meant to hit some large Chinese companies, but it's also hitting small businesses on the other side of the world.The minimum is it's very it's a big deal. It's a big scam going on against our country, against really small businesses, and we've ended we put an end to it. 3,000 miles away from Washington across the Atlantic, Harriet Dwin ...
Why Ending the De Minimis Rule Could Cost Consumers
Bloomberg Television· 2025-10-12 14:00
3000 miles away from Washington across the Atlantic. Harriet to Wynton has built a business painting with the smallest of brushes. It began with wedding stationery, beautiful, hand-painted, illustrated designs, and that quickly transformed into a much broader range of things from a cottage in the quiet countryside of Devon, England, to Winton paints, posts, videos and sells the supplies she uses to customers around the world.I taught I. I write watercolor books which we sell around the world and also art su ...
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Bloomberg· 2025-10-07 13:04
The EU is doubling its tariffs on steel imports to 50% and slashing quotas as it grapples with a glut of cheap imports https://t.co/QjQQyajtYW ...
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Bloomberg· 2025-09-11 11:04
Industry Issue - Global postal services express concerns regarding the US's new regime for low-value imports [1]