Industry

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Trump's Tariff Threats Could Hurt Iconic Mexican Exports Like Avocados and Tequila in the US

Donald Trump's proposed tariff on Mexican goods, including avocados and tequila, could increase prices, reduce demand in the US, and harm both Mexican farmers and US consumers.


Trump's Trade Chief May Revoke China's Trade Privileges With Stricter Export and Investment Controls

Trump's trade nominee Jamieson Greer plans bold measures to reduce US-China economic reliance through tariffs, export controls, and boosting domestic industries.

IRS Could Lose $20B and Face $140B National Deficit in Enforcement Funds Under Trump Administration's Cuts

The IRS faces a potential $20 billion funding loss due to complex legislative issues, which could hinder audits, tax collection, and increase the national deficit by $140 billion.

Trump Announces Additional 10% Tariff on Chinese Imports and 25% on Mexican, Canadian Products

Trump plans a 10% tariff on Chinese goods and a 25% tariff on Mexico and Canada, citing illegal drug trade concerns, risking a trade war and impacting global markets.


Latest News

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Trump's proposed 25% tariff on Mexico could raise supply costs for major companies like Unilever and P&G, impacting U.S. consumers' prices.
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China urges renewed US cooperation as Trump's re-election raises concerns over possible tariffs, with analysts debating impacts from potential 10% to 60% increases.
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Microsoft CEO Satya Nadella's $79.1 million pay for 2023 reflects the company's strong performance, despite his requested pay cut due to cybersecurity issues that affected government accounts.
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Boeing is considering selling parts of its space business, including Starliner, due to delays and rising costs from a machinist strike.
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The US government will receive over $100 million from the owners of the Dali container ship following the deadly Baltimore bridge collapse in March.
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