Trump, CBO and tariffs
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Steel, Trump and Tariffs
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The nonpartisan Congressional Budget Office handed Republicans a major political talking point Wednesday, with projections that showed the possibility for President Donald Trump’s tariffs to bring in more federal revenue than will be lost by his giant tax-cut plan.
The Premier of Ontario, Doug Ford, announced plans to move $30 billion in manufacturing to Canada after new U.S. steel tariffs.
Here's what we know. What's the tariff rate on imported steel and aluminum now? Steel and aluminum imports are currently taxed at 25% — a rate that both metals have faced across
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President Trump said it's "extremely hard" to reach a deal with his Chinese counterpart Xi Jinping, denting hopes for a call between the two leaders as trade talks stall. "I like President XI of China,
Republican Senator John Kennedy of Louisiana grilled Commerce Secretary Howard Lutnick on the Trump administration's tariffs.
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StarsInsider on MSNTrump’s tariffs: how much each country is payingIn this gallery, we explain what reciprocal tariffs are, why Trump implemented them, and how much each country is being taxed. Click on for more.
European Union trade commissioner Maros Sefcovic told reporters on Wednesday (June 4) that he discussed with U.S. trade representative Jamieson Greer the U.S. decision to levy 50% tariffs on steel and aluminum,
Trump tax bill will add $2.4 trillion to the deficit and leave 10.9 million more uninsured, CBO says
Trump’s big bill making its way through Congress will cut taxes by $3.75 trillion but increase deficits by $2.4 trillion over the next decade.