‘For decades, our country has been looted, pillaged, raped, and plundered by nations near and far, both friend and foe alike,’ Trump said. The United States will implement a 10 percent across-the-board tariff on all imports as part of the Trump administration’s reciprocal tariffs on all nations. President Donald Trump unveiled sweeping reciprocal tariffs at
By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.)(IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.)(NEA), section 604 of the Trade Act of 1974, as amended (19 U.S.C. 2483), and
The new version follows weeks of negotiations between the House and the Senate. The Senate released a budget resolution on April 2 as part of a compromise with the House of Representatives, as Republicans look to enact President Donald Trump’s agenda. Both houses of Congress must pass an identical budget resolution to begin the process
The new version follows weeks of negotiations between the House and the Senate. The Senate released a budget resolution on April 2 as part of a compromise with the House of Representatives, as Republicans look to enact President Donald Trump’s agenda. Both houses of Congress must pass an identical budget resolution to begin the process
CLOSING LOOPHOLES IN THE TARIFF SYSTEM: Today, President Donald J. Trump signed an Executive Order eliminating duty-free de minimis treatment for low-value imports from China, a critical step in countering the ongoing health emergency posed by the illicit flow of synthetic opioids into the U.S. Following the Secretary of Commerce’s notification that adequate systems are
PURSUING RECIPROCITY TO REBUILD THE ECONOMY AND RESTORE NATIONAL AND ECONOMIC SECURITY: Today, President Donald J. Trump declared that foreign trade and economic practices have created a national emergency, and his order imposes responsive tariffs to strengthen the international economic position of the United States and protect American workers. Large and persistent annual U.S. goods
13m ago Trump signs executive orders After a nearly hourlong speech, Mr. Trump signed two executive orders enacting the reciprocal tariffs and another closing a U.S. loophole that allows duty-free shipments of Chinese goods worth less than $800. By Caitlin Yilek https://www.cbsnews.com/live-updates/trump-liberation-day-announcement-tariffs/#post-update-5c4512c5 33m ago What is a “reciprocal” tariff? President Trump on Wednesday