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Trump, tariffs

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CNN |
But the actual calculation the Trump administration seems to have used seems not to be reciprocal at all.
Reuters |
Experts say it will take years to rekindle U.S. manufacturing, alter supply chains and bring home production, the goals Republican Trump and his supporters suggest his tariffs will achieve.
CNN |
Trump’s broad-based tariffs have raised levies on Chinese imports, the second-largest source of US imports after Mexico, from 20% to 54%.

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This is the dubious way Trump calculated his ‘reciprocal’ tariffs
President Donald Trump’s massive tariffs announced on dozens of nations Wednesday were pitched as “reciprocal,” matching what other countries charge the United States dollar for dollar, even taking into account non-tariff barriers like value-added taxes and other such measures.
Trump’s Tariffs Are Latest Sign of His Second-Term Appetite for Risk
President Trump’s announcement went beyond most predictions, showing a greater willingness to follow his instincts even when critics — and some allies — consider failure a likely outcome.
Daily Briefing: Trump's long-awaited tariffs
President Donald Trump plans to launch sweeping reciprocal tariffs on Wednesday. Though details surrounding Trump's economic policy remain unclear, Trump has promoted his Wednesday announcement as "the big one,
For Trump, tariff gamble brings political risk
He called it "Liberation Day," but President Donald Trump's Wednesday unveiling of reciprocal tariffs could cause political headwinds for his party and economic pain for his constituents if his promises to recast the economy do not work out.
Trump signs sweeping new global tariffs
President Donald Trump has signed sweeping tariffs of at least 10% on practically all goods coming into the United States, plus even higher rates on dozens of countries that have the highest trade deficits with the United States.
Trump Announces Sweeping New Tariffs. What’s Next
Trump imposed the steepest US tariffs in more than a century, stepping up his campaign to reshape global trade.
Trump’s hefty tariffs send stock markets falling
Stock markets across Asia-Pacific and Europe fell Thursday and US markets were also set to open lower after US President Donald Trump imposed tariffs on trading partners around the world, with many Asian countries taking the biggest hits.
Trump announces sweeping new tariffs, risking inflation and trade wars
President Trump on Wednesday announced sweeping new tariffs, threatening to upend much of the architecture of the global economy and trigger broader trade wars.
Trump is set to announce ‘reciprocal’ tariffs in a risky move that could reshape the economy
After weeks of White House hype and public anxiety, President Donald Trump is set on Wednesday to announce a barrage of self-described reciprocal tariffs on friend and foe alike.

Trump, Doug Emhoff and Law Firm Reaches Agreement

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Reuters |
Willkie Farr & Gallagher, whose partners include Harris' husband, Doug Emhoff, agreed to provide $100 million in free legal services to mutually agreed-upon projects with the Trump administration and ...
Reuters |
More than 300 law professors and other legal groups submitted court briefs backing law firm Perkins Coie in its lawsuit challenging President Donald Trump's executive order that punished the firm for...

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Doug Emhoff's law firm Willkie Farr & Gallagher reaches deal with Trump
Willkie Farr & Gallagher, whose partners include Harris' husband, Doug Emhoff, agreed to provide $100 million in free legal services to mutually agreed-upon projects with the Trump administration and not to engage in illegal diversity-related employment practices.
Another Big Law Firm Reaches Agreement With Trump
Milbank, based in Manhattan, agreed to provide $100 million in pro bono legal services to causes supported by the president and the firm.
Former Second Gentleman Doug Emhoff's law firm latest to strike deal with Trump
The firm that employs former Vice President Kamala Harris' husband is the latest legal powerhouse to agree to terms with President Trump — moves that worry some attorneys and constitutional scholars.
Law professors, legal groups back Perkins Coie in lawsuit over Trump order
More than 300 law professors and other legal groups submitted court briefs backing law firm Perkins Coie in its lawsuit challenging President Donald Trump's executive order that punished the firm for its work for Hillary Clinton and its diversity policies.
In Trump’s fight with Perkins Coie, the richest law firms are staying quiet
None of the nation’s top-10 firms by revenue have signed a legal brief demonstrating support for the Seattle-based law firm that is resisting an executive order.
In Trump’s Fight With Perkins Coie, the Richest Firms Are Staying Quiet
None of the nation’s top-10 firms by revenue have signed a legal brief demonstrating support for the law firm that is resisting an executive order.
David Brooks on Signal Chat: "Democrats Should Talk About Nothing But Trump's Incompetence"
New York Times columnist David Brooks and columnist Ruth Marcus join Geoff Bennett to discuss the week in politics, including Trump officials sharing sensitive information on a commercial app, the reaction to the revelation,
Who Are Brian Walsh, Thomas Boodry And David Feith? NSC Officials Fired By Trump After Laura Loomer's Nudge
Donald Trump fired multiple NSC officials, including Brian Walsh, Thomas Boodry, and David Feith, after activist Laura Loomer urged their removal. The decision followed a Wednesday Oval Office meeting with top officials.
Philadelphia-area car dealers say Trump's tariffs likely to drive up prices on foreign, domestic cars
Car dealers in the Philadelphia area say the prices of cars and repairs could go up with the Trump administration's tariffs.
Trump tariffs provoke world condemnation and fears of a $2,300 iPhone
By Jeff Mason, David Ljunggren and Andy Sullivan WASHINGTON/OTTAWA (Reuters) - Countries around the world threatened to ratchet up a trade war with the United States on Thursday as President Donald Trump's sweeping tariffs ignited fears of steep price increases in the world's largest consumer market.
Several Trump White House national security officials fired, sources say
Several White House National Security Council officials were fired on Thursday in the first major purge of Trump's second term, Reuters reported.
Jewish Telegraphic Agency3h
Trump fires national security officials, reportedly at urging of Laura Loomer, far-right Jewish ‘Islamophobe’
One of the officials fired was David Feith — a senior director for technology and national security who is Jewish.
US Senate Republicans vote to advance Trump's sweeping tax cut plan
U.S. Senate Republicans took a procedural step forward on President Donald Trump's sweeping tax cut agenda on Thursday, overcoming concerns among some Republican lawmakers that the plan does not include sufficient spending cuts.
Korea JoongAng Daily on MSN1h
Trump's pick for China envoy says It's not inconsistent to reinforce alliances amid 'fair' trade talks
U.S. President Donald Trump's pick for America's top envoy to China said Thursday that it is "not inconsistent" to pursue stronger ties with allies while engaging in negotiations for "fair" trade.
Trump’s tariffs should be ‘targeted’ to avoid ‘unnecessary pain’: David Harsanyi
Washington Examiner Senior Writer David Harsanyi expressed skepticism over the direction of President Donald Trump‘s tariffs, questioning whether they would give the United States a more fair playing field on the global market.
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