US TRADE TARIFFS

Apr 09 2025POLITICS

Tariffs: How Much Is the US Really Making?

The US has been imposing tariffs on various countries, with China being a major target. The idea is to protect American industries from what President Trump calls "unfair trade. " However, the effectiveness and accuracy of these claims are up for debate. One of the big claims is that the US is making $2 billion a day from these tariffs. This figure has been wide...

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Apr 04 2025POLITICS

Nations Scramble to Avoid Trump's Trade Tariffs

The US has set a deadline for countries to make trade deals before new tariffs hit. The US has given countries a short time to make deals before new tariffs start. The US president has said that countries can avoid higher tariffs if they make changes to their trade rules. This has caused a rush to make deals before the tariffs start. The US has said that co...

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Apr 03 2025POLITICS

Why Russia Dodged Trump's Trade Tariffs

Russia was notably absent from the list of countries facing new trade tariffs from the US. This omission has sparked various reactions and interpretations. Some Western observers expressed disappointment, seeing it as a sign of favoritism. However, the reality is more nuanced. Existing US sanctions against Russia have already severely limited trade between the two na...

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Apr 01 2025POLITICS

Europeans Ready to Fight Back: Tariffs and Trade Tensions

A recent poll shows that most people in Western Europe are prepared to hit back if the US starts imposing big tariffs on their goods. This move is expected to happen soon, with the US president planning to introduce various tariffs on imports from major trading partners. These tariffs could range from 10% to 25%, affecting many European companies. The EU has alr...

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Feb 19 2025BUSINESS

New Trade War Brewing: Trump's Plan to Slap Tariffs on Cars, Chips, and Drugs

Trump is planning to slap a 25% tariff on auto imports, semiconductors, and pharmaceuticals as early as April 2. This move comes after he already imposed a 10% tariff on Chinese goods and a 25% tariff on steel and aluminum imports. He hinted that these new tariffs could go even higher over the next year, but he wants to give companies a chance to move their factories...

reading time about 2 minutes