The current administration has decided to soften the blow of auto tariffs. This change is set to happen on a Tuesday. The focus is on easing duties on foreign parts used in cars made in the U. S. Additionally, there will be a move to prevent tariffs on imported cars from piling up with other taxes. The shift is part of a broader strategy. It aims to foster a stronge...
California is gearing up to challenge Trump’s tariffs in a significant legal battle. The state’s governor and attorney general are teaming up to file a lawsuit that could limit the president’s power to impose tariffs. This move comes after Trump recently slapped steep tariffs on major trading partners, which he later scaled back but kept in place at a lower rate. Th...
The world of international trade is in for a major shake-up. The United States has significantly increased its tariffs, which are taxes on imported goods. This move has sent ripples through the global market, redirecting billions of dollars in exports that were originally headed for the U. S. Now, these goods are flooding into other countries, including Canada. This ...
In today's economy, picking the right stocks is tricky. So, what's the best way to navigate this uncertain time? It's important to focus on companies that don't rely heavily on foreign markets. This way, investors can avoid the ups and downs of international trade policies. The current political climate is full of surprises. So, it's wise to steer clear of compa...
In the world of politics and business, a heated exchange has caught everyone's attention. Elon Musk, the CEO of Tesla is going toe-to-toe with Peter Navarro, a top trade advisor to former President Trump. This isn't just a simple disagreement. It's a full-blown public spat. Musk has been vocal about his disdain for Navarro. He's taken to X, the social media platform...
The cost of playing Mega Millions has gone up. Now, it's $5 instead of $2. This change started with the latest draws. The goal? To bring in more money and offer bigger jackpots. The odds of winning the jackpot have improved slightly, from 1 in 303 million to 1 in 290 million. This is a small improvement, but it's something. The increase in ticket price means the sta...
The former U. S. president, Donald Trump, made headlines with his bold tariff plan. He aimed to hit back at countries he believed were treating the U. S. unfairly. Trump's strategy was to impose tariffs on almost every trading partner. He called these "reciprocal" tariffs, suggesting they were a direct response to other nations' tariffs. However, experts quickly poi...
Tariffs are taxes on imported goods, and they can really mess with prices. A few companies have already hinted that they might raise prices because of new tariffs. These tariffs are part of a bigger trade policy shift. The idea is to protect American industries, but it's not always clear how this will play out. Some experts think that these tariffs, and the general ...
The political scene in Washington is heating up as lawmakers from both sides of the aisle are considering ways to curb President Trump's tariff policies. The recent tariffs on Canada have sparked a wave of action, with Republicans and Democrats alike exploring legislative moves to limit the president's power. The Senate has already made a bold move by voting to reve...
The U. S. government is about to slap a 25% tax on all imported canned beer and empty aluminum cans. This news comes just before a big announcement about more taxes on imported goods. The tax will hit some companies harder than others. Constellation Brands, for example, imports all of its beer from Mexico. This includes popular brands like Modelo and Corona. Modelo ...