Daily Independent on MSN1h
Trump’s Tariff Gambit: As Allies Prepare To Strike Back, A Costly Trade War Looms
Feb. 1, 2025, U.S. President Donald Trump an­nounced a plan to slap steep tariffs on imports from key American trading partners – 25% on goods from Mexico and Canada and 10% on imports from China. His ...
How to Safeguard Your Finances Amid Rapidly Changing Economic Policy
Since his inauguration, President Donald Trump has implemented several economic policies that have been challenged, rescinded or delayed within hours of being announced. Experts suggest reviewing ...
Trump wants to reduce the trade deficit. Here's why that matters.
President Donald Trump has made reducing the trade deficit a central part of his "American First Trade Policy." Here's what ...
Think you know what makes up CT’s billions in imports? Here’s a look at what comes in.
From 2017 through 2023, Connecticut’s imports from Mexico grew by 41.88%, from $2.5 billion to $3.5 billion. The top import ...
Fast fashion, laptops, and toys are likely to cost more due to U.S. tariffs on Chinese imports
Trump levied an additional 10% tariff on all good imported from China. The country said it would impose retaliatory tariffs ...
Concern over new tariffs could raise local lumber prices
A local lumber business owner shared how new increased tariffs on imported goods from Canada could affect prices and the ...
The Root1d
This Is How Donald Trump's Tariffs Will Affect Black People
In 2023, around 17.9 percent of Black people in the U.S. lived below the poverty line according to Federal Safety Net —which ...
US importers stockpile Italian Prosecco as a hedge against possible Trump tariffs
American importers have been stockpiling the popular Italian bubbly Prosecco as a hedge against the possible impact of ...
Trump Says He Will Announce Reciprocal Tariffs Next Week
The president said he planned to impose tariffs on countries that tax U.S. products. He also paused an action against China, ...
Consumer cost concerns rise as retaliatory tariffs from China are set to take place
Gough said supply chains in Ohio have already shifted since the initial round of tariffs in 2018, with some businesses sourcing goods from Vietnam and other countries instead of C ...
Some American shoppers are getting asked to pay high fees to receive their packages after Trump's new China tariffs
US shoppers shared screenshots with BI showing the import fees they were asked to pay to receive their packages, some as high ...
Chicago small businesses fear President Donald Trump's proposed tariffs could hurt bottom line
Some businesses in Chicago have expressed concerns over President Donald Trump’s proposed plan to tax imported goods from ...