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White House grants one-month exemption to tariffs on Canada, Mexico for US automakers

White House grants one-month exemption to tariffs on Canada, Mexico for US automakers

by Jerry Wu | Mar 5, 2025 | Politics

WASHINGTON  — The White House granted a one month-exemption to any tariffs on cars coming into the U.S. from Canada and Mexico, White House Press Secretary Karoline Leavitt announced on Wednesday. Leavitt said that President Trump had met with the leaders of the “Big...
Commerce Nominee Lutnick defends Trump tariffs, promises to divest from business interests

Commerce Nominee Lutnick defends Trump tariffs, promises to divest from business interests

by Lenna Peterson | Jan 29, 2025 | Business, Featured

WASHINGTON – Howard Lutnick, billionaire CEO and co-chair of the Trump/Vance transition team, vowed to use his position as commerce secretary to implement the new administration’s tariff policies in a confirmation hearing Wednesday.  Vice President JD Vance...
“Trump Trade” soars in aftermath of Tuesday’s elections

“Trump Trade” soars in aftermath of Tuesday’s elections

by Ananya Chag | Nov 6, 2024 | Business, Campaign 2024, Featured

WASHINGTON – U.S. stock futures soared to record highs Wednesday in response to Donald Trump’s win in the battle against Vice President Kamala Harris for president. The Dow Jones Industrial Average rose 3.4%, or around 1,430 points, around 1:50 pm EST, notching...
YELLEN WARNS AGAINST BROAD TARIFFS, STRESSES THE DANGERS TO THE US ECONOMY

YELLEN WARNS AGAINST BROAD TARIFFS, STRESSES THE DANGERS TO THE US ECONOMY

by Ananya Chag and Heather Zhu | Oct 17, 2024 | Business, Featured

WASHINGTON — Treasury Secretary Janet Yellen emphasized the need for the U.S. to maintain healthy economic global relations and warned against former President Trump’s proposed tariffs on Thursday at the Council on Foreign Relations in New York. “Calls for walling...

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