White House, Trump and tariff
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The Supreme Court will hear arguments tomorrow about birthright citizenship. How we got here: Trump tried to ban giving U.S. citizenship to children born to foreign visitors and undocumented immigrants. After judges stepped in, he appealed to the high court.
Tariff rates on small packages from China will be cut in half, though a flat-fee option will not change, the White House said Monday. Why it matters: Trump previously ended a loophole that allowed low-value goods into the country tariff-free — the rate reversal will ease price pressures on customers of Chinese retailers like Shein and Temu.
Despite the White House's statements, Ford's top executive recently said he could not promise consumers wouldn't pay more.
The White House on Monday said no final decisions have been made about tariffs on foreign firms, after President Trump a day prior called for a 100 percent tariff on movies produced in other countries. “Although no final decisions on foreign film tariffs ...
The White House on Thursday rebuffed an effort to give small U.S. business owners any immediate relief from tariffs, saying those companies would get economic relief from tax cuts that Congress is seeking to extend.
"But I remain steadfast in my optimism that we're going to achieve — the President's desire is to do it — but stablecoin legislation and market structure legislation before the August recess." Still,
2don MSN
Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” announcement.