President-elect Donald Trump has denied a Washington Post report that said he plans to impose blanket tariffs on critical imports, implying a pared-back tariff policy. Trump denied the claims on his Truth Social platform, saying the report was “fake news.” Trump has announced his intention to impose tariffs of 10% on all goods and tariffs … Read more
President Trump has announced his intention to impose import tariffs on all goods produced outside the United States, supporting his “America First” initiative. He wants to boost the country’s manufacturing industry, which is a boon for factory workers. However, tariffs can stimulate inflation as importers pass on additional costs to buyers. Tariffs are thought to … Read more
US President-elect Donald Trump attends the launch presentation of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, November 19, 2024. – Reuters BRICS countries may lose access to the US market: Trump. Trump: BRICS cannot replace the US dollar in international trade Putin denies that the group is seeking a unified … Read more