tldrdailynews.com logo
Tag

Tariffs

All articles tagged with #tariffs

Democrats split over Trump tariff powers as Russia sanctions bill heads to floor
politics2 hours ago

Democrats split over Trump tariff powers as Russia sanctions bill heads to floor

House Democrats grapple with a Senate-backed Russia sanctions bill that would authorize steep tariffs—up to 500% on Russia and 100% on its energy partners—in exchange for sanctions on Moscow, sparking a clash over granting President Trump expanded tariff authority. While most Democrats back strong actions against Russia, some warn the tariff provisions and constitutional implications are problematic. The bill cleared the House Rules Committee and is set for a floor vote amid intra-party dissent and GOP isolationist pressure.

via Fox News|
#democrats#house-of-representatives#lindsey-graham
Carney pitches Canada as a stable magnet for global capital amid US tariff tensions
business13 hours ago

Carney pitches Canada as a stable magnet for global capital amid US tariff tensions

Carney’s Toronto summit frames Canada as a stable, rules-based hub for global capital to diversify away from the U.S. amid tariff battles, drawing about 300 asset managers with over $120 trillion under management. The event focuses on long‑term opportunities in minerals, energy, tech and manufacturing, with private talks scheduled with Macquarie Group and Temasek and public sessions featuring BlackRock and Blackstone, culminating in a closing by Stephen Harper. Officials expect meaningful deals to emerge over the next 12–18 months rather than this week.

via abcnews.com|
#business#canada#carney
Trump Signals End to U.S. Irish Whiskey Tariff During Doonbeg Stop
world14 hours ago

Trump Signals End to U.S. Irish Whiskey Tariff During Doonbeg Stop

President Donald Trump announced at the Doonbeg golf course in Ireland that the United States will repeal the 10% tariff on Irish whiskey, but details on when the tariff will be lifted were not immediately available. The move follows prior reductions (15% to 10%) and mirrors ongoing efforts toward zero-for-zero tariffs for some European spirits, with industry groups welcoming the prospect of broader elimination for Irish whiskey and other EU drinks.

via Al Jazeera|
#donald-trump#irish-whiskey#tariffs
Alaska’s Tariff Tightrope: Sullivan Balances Reelection and Trump Policy
politics15 hours ago

Alaska’s Tariff Tightrope: Sullivan Balances Reelection and Trump Policy

Sen. Dan Sullivan publicly backs Trump’s tariffs in Washington but stays largely silent on the issue in Alaska as he runs for reelection; his family’s RPM International has faced tariff-driven costs, moving production, raising prices, and adapting strategies—illustrating how tariff policy is shaping candidate positioning and corporate behavior ahead of the 2026 midterms.

via The New York Times|
#alaska#politics#reelection
Carney pushes for a unique Canada–EU alliance amid US tariff clash
world16 hours ago

Carney pushes for a unique Canada–EU alliance amid US tariff clash

Canadian Prime Minister Mark Carney proposes a “unique alliance” with the European Union (not full membership), aiming for closer cooperation on minerals, trade, education, digital infrastructure and Arctic security as Canada faces a U.S. tariff dispute; Brussels has not endorsed the associate-member concept and talks await ratification in several member states.

via politico.eu|
#canada#european-union#tariffs
Tariff refunds spark a big Switch sale with 30% off iconic games
entertainment21 hours ago

Tariff refunds spark a big Switch sale with 30% off iconic games

Nintendo is passing tariff refunds to US gamers via a two-week Customer Appreciation Sale, offering up to 30% off Switch games, accessories, amiibo, and apparel through Sept. 26, with notable discounts on titles like The Legend of Zelda: Tears of the Kingdom, Super Mario Odyssey, Luigi’s Mansion 3, Animal Crossing: New Horizons, and Pikmin 4.

via Creative Bloq|
#deals#entertainment#nintendo-switch
Trump hints at allowing Chinese carmakers to build in the U.S.
politics1 day ago

Trump hints at allowing Chinese carmakers to build in the U.S.

Trump said on Fox News that he would be OK with Chinese automakers opening plants in the United States, as long as they hire American workers and don’t ship cars from Mexico. The comment comes amid pushback from lawmakers and automakers against Chinese vehicles, even as Biden-era rules ban Chinese passenger-vehicle sales and tariffs remain in place; Trump is set to meet Chinese President Xi Jinping in Washington in the coming weeks.

via nbcnews.com|
#automakers#china#politics
Raucous Kansas Senate Debate Highlights Tariffs, Agriculture, and Party Divide
politics2 days ago

Raucous Kansas Senate Debate Highlights Tariffs, Agriculture, and Party Divide

In Hutchinson, incumbent Republican Sen. Roger Marshall and Democrat Rev. Adam Hamilton faced a noisy, contentious crowd at the Kansas State Fair in their first post-primary U.S. Senate debate, trading barbs over tariffs, the Iran war, and agricultural policy. Hamilton criticized Marshall’s Trump alignment and inaction on key issues, while Marshall defended Kansas jobs and farming interests amid interruptions. Libertarian David Graham watched from the crowd and offered his own critique of the two major parties.

via Kansas Reflector|
#debate#hamilton#kansas-senate
Canada: The unlikely fault line in a U.S.-led trade clash
politics-government2 days ago

Canada: The unlikely fault line in a U.S.-led trade clash

Canada is presented as an unlikely target in a U.S.-led trade war; despite being the USs largest trading partner and having many goods enter Canada duty-free under USMCA, tariffs, dairy protections and energy trade show how intertwined the two economies are. With Alberta oil powering U.S. refineries and dairy supply management shielding Canadas farms, the standoff risks broader spillovers, but negotiators hope to resolve it within the USMCA framework before it disrupts North American trade.

via Yahoo Finance|
#canada#politics-government#tariffs
Trump-Boosted 2027 Social Security COLA Could Hit a 30-Year High, but Finances Face Strain
economy2 days ago

Trump-Boosted 2027 Social Security COLA Could Hit a 30-Year High, but Finances Face Strain

The Motley Fool says the 2027 Social Security COLA is likely to be boosted by Trump-era policies—potentially around 3.5%—continuing a six-year streak of gains and signaling a 30-year high, but the higher increase could hasten the program’s long-term solvency issues, with OASI reserves projected to be exhausted by 2032 and a heightened risk of future benefit cuts.

via The Motley Fool|
#cola#economy#inflation
Two Border Towns, One Economy: Tariffs Test the US-Canada Friendship
world2 days ago

Two Border Towns, One Economy: Tariffs Test the US-Canada Friendship

International Falls, Minnesota, and Fort Frances, Ontario—two border towns that depend on cross-border shopping and family ties—are feeling the sting of Trump-era tariffs and Canada’s retaliation, with Canadians buying more at home and U.S. shops losing Canadian customers. Local officials are limited in influence, and residents fear lasting damage to neighborly relations, even as they hope for a swift tariff resolution and a return to normal trading.

via theguardian.com|
#cross-border-shopping#fort-frances#international-falls