Trump’s Japan Trade Deal
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President Trump told reporters this week that he is considering a tariff rebate check. Here’s what he said and what we know.
Commerce Secretary Howard Lutnick expressed confidence Sunday that the Trump administration will cut trade deals with key U.S. trading partners in the coming weeks — before steep tariffs kick in for dozens of countries.
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Conservative economist Jessica Riedl discusses the impact of Trump’s tariffs and trade deals, the cost of his tax cuts, and potential entitlement reforms. She assesses the Republican Party’s shift toward populism and the threat posed by rising debt.
Trump’s so-called reciprocal tariffs are scheduled to go into effect on August 1 after a 90-day delay—just as American families begin back-to-school shopping—and could hike up the cost of consumer goods imported from other countries.
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Trump Sets August 1 Deadline For Global Trade Deals; South Korea Races To Avoid TariffsUS President Trump stated his administration aims to finalise most trade deals by August 1, potentially sending tariff letters to nearly 200 countries.
President Trump suggested Friday that some Americans may receive “rebates” from the federal government after the US Treasury took in $64 billion in tariff revenue in
US stocks are floating near all-time highs as Wall Street maintains cautious optimism that Washington might ink more trade deals, avoiding a worst-case scenario of extraordinarily high tariffs and enabling the resilient economy to continue chugging along.
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President Donald Trump said on Wednesday that "we'll have a straight, simple tariff of anywhere between 15% and 50%." Hiking the baseline reciprocal tariff rate to 15 percent means a 50 percent higher tax on American manufacturers and consumers than Trump originally promised.
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