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Italian pasta brands could soon face a 107% tariff
NBC News· 2025-11-11 15:18
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,. ...
Trump's tariff rebate checks are a "nonstarter."
Yahoo Finance· 2025-11-11 14:30
We should not be counting on $2,000 checks from the president next year. I don't think it's any secret that the president really liked the rebate checks that went out during his first term. Back then, at the height of COVID, when we passed a $1,500 tax rebate and $500 for children, that cost $292 billion.If you want to do $2,000 for everybody now, it's going to cost upwards of $450 billion. And it's a rebate check because we're all paying the tariffs. And just for reference, the tariffs have brought in $89 ...
X @Bloomberg
Bloomberg· 2025-11-11 03:33
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 ...
Trump Says Close to #India Trade Deal to Bring Tariff Rate Down
Bloomberg Television· 2025-11-10 22:59
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 ...
X @Bloomberg
Bloomberg· 2025-11-10 22:27
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.“Right now they don’t love me, but they’ll love us again,” he said. “We’re getting a fair deal” https://t.co/KH5utMIvpt https://t.co/L5yywAw3wn ...
X @The Wall Street Journal
The Wall Street Journal· 2025-11-10 20:12
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 ...
Trump said he'll issue $2K tariff dividend – Scott Bessent seemed to know nothing about it
MSNBC· 2025-11-10 19:33
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 ...
X @Bloomberg
Bloomberg· 2025-11-10 17:10
Switzerland is close to securing a 15% tariff on its exports to the US, in what would be a relief for the country after it was hit with a punishing 39% levy in August https://t.co/zmMtQCIslI ...
X @Watcher.Guru
Watcher.Guru· 2025-11-10 15:49
JUST IN: 🇺🇸 President Trump says our 'massive' tariff revenue will be used to "substantially pay down national debt." ...