Tariff

How Trump's Mexico Threat Could Backfire

The President's vow to impose new tariffs on Mexican imports risks sabotaging trade deals and the U.S. economy.
By Paul Wiseman, AP

Patriotic 'Trade War' Song Goes Viral In China

“If the perpetrator wants to fight, we will beat him out of his wits," the lyrics warn.
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Trump Finally Switches Up His Lie That China Pays Tariffs To The U.S. Treasury

Instead, he falsely claimed that tariffs boost America's GDP.
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Trump Seeks New $15 Billion Subsidy To Protect Farmers From His Own Trade War

The president falsely claims that tariffs are paid "directly" to the U.S. Treasury by China and indicates these nonexistent Chinese funds will cover the subsidy cost.
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Trump Trade War Just Raised Taxes On Consumers By Tens Of Billions of Dollars

The president keeps falsely claiming that China is paying his higher tariffs, but economists point out that Americans, not China, pay those costs.
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U.S. Hikes Import Taxes On $200 Billion Of Chinese Goods

Beijing has already vowed to retaliate, escalating a battle over China’s technology ambitions and other trade strains.
By AP

Trump Washing Machine Tariffs Put Consumers Through Wringer: Study

Consumers paid $1.5 billion in increased costs for tariffs that put $82 million into the U.S. Treasury, says a University of Chicago study.
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Trump's Trade War Cost U.S. More Than $3 Billion A Month, Economists Say

"Overall ... we find that the full incidence of the tariff falls on domestic consumers," report says.
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Ford Won't Bring Hatchback Production Back To U.S. Because Of Trump's Tariffs

The automaker said “it would not be profitable to build the Focus Active in the U.S.”
By Paul Wiseman, AP

Ford Cancels Focus Crossover For U.S. Consumers After Trump's Trade War Tariffs

This is the first of potentially many vehicles that will be cut from the American market due to president's tariffs, warns industry expert.
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