TARIFFS

Nov 27 2024POLITICS

Who's Who in Trump's Economic Team: Meet Greer and Hassett

Donald Trump just added two key players to his economic team. Jamieson Greer, a lawyer from Washington, has been chosen to be the new US trade representative. Greer is no stranger to trade policy; he used to work closely with Robert Lighthizer, who was the trade representative during Trump's first t

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Nov 27 2024BUSINESS

Higher Prices Ahead? Trump's Border Tariffs Could Hit Your Grocery List

Imagine paying more for your favorite fruits, veggies, and even beer from south of the border. The U. S. imports a lot of its fresh produce from Mexico, which could reportedly face new tariffs under Trump. The bottom line? You might feel the pinch in your wallet while shopping. Mexico is a major su

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Nov 26 2024FINANCE

Market Jump: Investors Hail Trump's Treasury Pick

U. S. stocks had a major celebration on Monday, with big indexes hitting all-time peaks. Meanwhile, Asia-Pacific markets took a small dip on Tuesday, with Japan's Nikkei 225 dropping 1. 38%. Chinese and Hong Kong markets stayed steady. Investors are cheering for Scott Bessent, Donald Trump's choice

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Nov 26 2024POLITICS

Mexico's President Fires Back at Trump's Tariff Threat

Mexico's leader, Claudia Sheinbaum, has responded strongly to Donald Trump's proposed tariffs on Mexican goods. Trump wants to slap a 25% tax on all imports from Mexico and Canada, blaming them for not doing enough to stop illegal migration and drug trafficking. Sheinbaum disagrees, saying threats a

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Nov 26 2024BUSINESS

Mexican Beer Gets Pricier? Trump's Tariff Threats Explained

Ever wondered how geopolitics can affect your beer budget? Let's dive into the recent buzz around Constellation Brands andDonald Trump's tariff proposals. When Trump hints at slapping a 25% tariff on Mexican imports, it sends ripples through the beer market. Why? Well, Constellation Brands brings in

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Nov 26 2024BUSINESS

Best Buy's Q3 2025: Not Quite the Holiday Spirit

Best Buy's third quarter of 2025 hasn't been as jolly as they hoped. Sales haven't taken off like expected, and the company is now predicting a smaller annual revenue. Why the slowdown? Early holiday shopping and new tech releases didn't draw as many shoppers as Best Buy had hoped. Even with new iPh

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Nov 26 2024POLITICS

Trump's Plan to Use Tariffs Against Immigration and Drugs

Former President Donald Trump recently announced his intention to impose significant tariffs on imports from Canada, Mexico, and China. He plans to hit all products from these countries with a 25% tariff, specifically targeting Canada and Mexico. Additionally, he proposed an extra 10% tariff on Chin

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Nov 23 2024POLITICS

Meet Scott Bessent: The Billionaire Investor Who Might Lead the Treasury

Scott Bessent, a billionaire investor, has been chosen by President-elect Trump to lead the Treasury Department. This is a surprising move, given Bessent's history of supporting Democratic candidates and working for George Soros, a prominent Democratic donor. However, Bessent has been in Trump's cir

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Nov 20 2024POLITICS

Billionaire Howard Lutnick: Trump’s Pick for Commerce Secretary

President-elect Donald Trump has chosen Howard Lutnick, a billionaire and CEO of Cantor Fitzgerald, to be the next commerce secretary. This important role involves overseeing the implementation of Trump's plans to impose and enforce tariffs. Lutnick, who has been a key figure in Trump’s transition t

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Nov 20 2024BUSINESS

Meet Howard Lutnick: Trump's Commerce Secretary Pick

Ever wondered who's behind Trump's choice for commerce secretary? Meet Howard Lutnick, a influential businessman with a remarkable past. He's the head of Cantor Fitzgerald, a major investment bank, and he's linked to Trump through their times on "The Apprentice. " If picked, Lutnick would lead the C

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