Democratic Senator Tim Kaine of Virginia. He is member of the Armed Services and Foreign Relations Committee. Senator Kane, good to see you this morning.Thank you for joining us. Um, >> good to be with you guys. Thanks.>> Want to get your reaction to the breaking news, if you will, the jobs report that, as you just heard Stephanie say, a warning sign perhaps about the health of the nation's economy, but also the trade war that has been launched by President Trump. these tariffs, their impact of the economy, ...

Alan, let me begin with you a little bit. The uh tariff situation and the surprise that it's not just that August 1st is a tariff deadline, but also a new rate to contend with and maybe six more days to get adjusted to that. What's your take.I think right now it's a bit of groundhog day in terms of you wake up, you get a new set of circumstances and the market tries to react and work through it. Our hope is that we will see something akin to what we saw with Japan, the Euro zone and South Korea in the comin ...

It’s increasingly clear that the US president’s rationale for imposing tariffs on countries worldwide is every bit as political as it is economic https://t.co/eGiUi8JGvC ...

Trade Impact - The report focuses on the impact of Trump's tariffs on Asian economies [1] - The analysis identifies which Asian economies were most affected by the tariffs [1]

🚨 LIVE NOW: Trump is shaking up global trade, announcing a 10% global minimum tariff and a 35% hit on Canadian goods. Is the US abandoning open trade for good? And what comes next for global markets? Bloomberg reporters answer your questions in a Live Q&A https://t.co/nwq4Ofg4wU https://t.co/cevnzxaLzF ...

Tonight, we're just hours away from the latest deadline in the rolling debacle that is Donald Trump's self-inflicted trade war. At midnight tonight, Trump's latest round of disastrous global tariffs are set to kick in. And since we've been here before, we know that means Trump is either about to chicken out again or crash the stock market or a combination of the two.And in the leadup to this latest deadline, Trump has insisted that he is not changing his mind this time. But tonight, on the eve of this deadl ...

Breaking: The U.S. will raise tariffs on nearly every trading partner, effective Aug. 7 https://t.co/TH41caSZ31 ...

BREAKING: Trump raises Canada tariffs to 35% as he announces new rates for dozens of countries.Follow the latest news and analysis. ⤵️ https://t.co/FCJGmhcGnm ...

JUST IN: 🇺🇸🇨🇦 President Trump raises tariffs on Canada to 35% from 25%. https://t.co/1A8HYowuIV ...

Trade War & Tariffs - The Trump administration's tariff authority is facing legal challenges, with arguments presented before a federal appeals court questioning the necessity of congressional approval for imposing tariffs [1] - The lawsuit argues that tariffs imposed by President Trump represent the largest tax increase on Americans since 1993, costing the average American household $1,300 per year [1] - The administration defends the tariffs by citing the large trade deficit as an emergency, but the executive order mentions persistent trade deficits over the past 50 years, potentially undermining the emergency claim [1] - A lawyer argues that historically, no president has unilaterally imposed tariffs in the manner that President Trump has [3] - Congress has granted the president limited power to increase tariffs by 15% for 150 days in response to large trade deficits, but Trump bypassed this statute [4] Impact on Businesses - Small businesses are claiming that the tariffs are crippling them, with one company, Micro Kits, canceling orders and facing potential payroll issues [5] - Reshoring manufacturing to the US to avoid tariffs is projected to cost trillions of dollars and potentially take decades [7]