All articles tagged with #trump tariffs
Michigan Republican Senate nominee Mike Rogers has explicitly broken with President Trump over Canada tariffs, calling for an immediate end to the trade war in a new ad. This marks a sharp shift from his earlier nuanced stance, as he seeks to win a tight race against Democrat Abdul El-Sayed amid rising voter dissatisfaction with Trump's economic policies.
In the first of four scheduled debates, incumbent Republican Senator Susan Collins and Democratic challenger Troy Jackson clashed over national policy and local impact. Collins emphasized her independence from President Trump and her record of securing federal funds for Maine, while Jackson criticized her voting alignment with the administration and highlighted issues like tariffs and healthcare. The race remains closely contested, with polls showing the candidates neck and neck as voters weigh local benefits against national party control.
President Trump warned that he would 'double' costs for South Korea if it does not sign on to a $50 billion Alaska LNG project, despite Seoul stating no commitment has been made. The dispute centers on commercial viability and legal reviews, with Trump using the announcement to support Republican candidates in Alaska ahead of midterms.
Republican former Kansas Governor Mike Hayden has endorsed Democratic Senate candidate Adam Hamilton, marking the second such endorsement from a former GOP governor in less than a month. This shift highlights deep economic distress among Kansas farmers, who are facing soaring costs for diesel and fertilizer due to the Iran conflict and retaliatory tariffs. While national polling shows a record low approval rating for President Trump’s economic handling, local 'kitchen-table' realities are driving voters to reject the incumbent Republican, Roger Marshall, despite the state's long history of Republican dominance.
Donald Trump threatened to double tariffs on South Korea after Seoul disputed his claim that they agreed to fund a $54 billion natural gas pipeline in Alaska. While Trump framed the project as part of a 2025 trade deal, Korean officials stated they only agreed to review the investment. The dispute coincides with weak US job growth and rising political pressure ahead of midterm elections.
A federal trade court panel heard arguments on Wednesday regarding the legality of President Trump’s new global tariffs, which impose 10% to 12.5% duties on 86 countries covering 99.4% of U.S. imports. Challengers argue the administration is using forced labor concerns as a pretext to reimpose tariffs previously struck down by the Supreme Court, while the government maintains the measures comply with trade law.
A federal trade court is reviewing whether President Trump’s latest global tariffs, imposed under Section 301, are a legal workaround for duties previously struck down by the Supreme Court. The new duties affect 86 countries and 99.4% of U.S. imports. Challengers argue the administration used forced labor concerns as a pretext to revive a banned tariff regime, while the government insists the measures comply with trade law. This is the third major court challenge to Trump’s tariff strategy in under two years.
President Trump announced a $15 billion steel plant in Iowa, built by Indian firm Essar Group, which has deep ties to Russian energy giant Rosneft. The project, set to create 1,750 permanent jobs, faces scrutiny due to Essar’s prior sale of its oil refinery to a Russian-led consortium now under EU sanctions.
Meritage Hospitality Group, which operates over 300 Wendy’s locations across 15 states, filed for Chapter 11 bankruptcy on September 17. The company cited rising beef costs, reduced imports from Mexico, and low cattle herd levels as primary drivers. While the U.S. Bureau of Labor Statistics reported ground beef prices reached $7.16 per pound in August, up 7.9% from 2025, Agriculture Secretary Brooke Rollins dismissed consumer concerns, suggesting alternatives like chicken or pork. Critics argue the administration’s import strategy focuses on low-quality trimmings rather than fresh cuts, failing to address core supply issues.
Canada is unlikely to join the EU, but Trump’s blunt warning of “serious tariffs” on Europe underscores Washington’s willingness to punish moves that could dilute U.S. economic leverage. Ottawa is pursuing closer ties with Europe and other middle powers to diversify exports (including LNG) and lessen reliance on the United States, while the EU tests ideas like an associate membership that have drawn pushback. Despite these shifts, Canada still exports roughly 72% of its goods to the U.S., making a rapid break from the two-way economic relationship unlikely.
Canadian Prime Minister Mark Carney promotes closer ties with the European Union, proposing associate membership and an 'Alliance for the Future' to diversify Canada’s economy away from the United States amid Donald Trump’s tariff threats; he envisions deep cooperation across trade, defense, minerals, AI, energy, space, and financial services, while saying Canada does not seek full EU membership. The EU signals openness to stronger ties and a Montreal summit is planned for Oct. 29-30 to discuss details.
During a two‑day visit to Ireland, President Trump announced he would scrap the 10% tariff on Irish whiskey, leveling the playing field with Scotch and Northern Ireland; the move was welcomed by the Irish Whiskey Association and the Distilled Spirits Council as a boost to jobs and investment, and comes after his earlier tariff cut on UK whisky in April, alongside his provocative remarks on Irish reunification during the trip.
Ranchers, especially in Montana, are signaling eroding support for Trump as his move to lift tariffs on foreign beef floods the market with cheaper imports, pressuring cattle prices and heightening concerns about product quality amid drought and high costs; the situation has drawn criticism from farm groups and GOP politicians, while the USDA moves to rebuild the shrinking herd and Democrats court rural voters ahead of midterms.
Robert Zoellick argues that Donald Trump’s threats against Canada threaten the decades-long US–Canada economic integration that underpins security and prosperity, built through NAFTA/USMCA, cross-border supply chains, and energy trade. Tariffs would invite retaliation, fuel anti-American sentiment, and could empower Alberta separatists, undermining American interests even as most Americans favor the Canada–US partnership.
The United States will impose a 50% tariff on Canadian cars, trucks, automotive parts, steel and related goods starting January 1, 2027 after trade talks collapsed. A four‑month grace period is meant to spark renewed negotiations, but both sides have dug in, with Canada vowing retaliation and leaders across Canada criticizing the move. Some U.S. Republicans also cautioned against the policy, highlighting the potential economic costs on border industries.