Import taxes

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‘Why are we doing this?’: Tariffs hit highest level since Great Depression
MSNBC· 2025-08-10 14:16
After months of threats and delays, new sweeping tariffs went into effect Thursday raising import taxes to the highest levels since the Great Depression. The Yale Budget Lab estimates the new tariffs will cost the average U.S. household $2,400 this year, with everything from cars to coffee and clothing poised to get more expensive. ...
U.S. businesses feeling impact of Trump’s new tariffs
NBC News· 2025-08-07 23:30
This is 200 days already. Time flies. >> On his 200th day back in office, President Trump tonight celebrating his efforts to reshape the global economy.>> We have a country that's the hottest country right now anywhere in the world. >> The president's so-called reciprocal tariffs snapping into place on more than 90 nations overnight, setting taxes on some foreign imports as high as 50% with an average tariff rate of more than 17%, the highest since the 1930s during the Great Depression. The tariffs likely t ...
X @Bloomberg
Bloomberg· 2025-07-25 14:44
US President Donald Trump said trade talks with Canada are not a focus for his administration right now, and instead of negotiating a deal he may decide to just leave existing import taxes in place https://t.co/4eMa9qFult ...