Sen. Jim Banks: Trump’s Tariffs Protect U.S. Workers From China | Opinion
The moment then-candidate Donald Trump came down that escalator ten years ago to announce his presidential campaign and launch the America First movement, elites and Washington insiders foolishly underestimated him. But working people all over the country—like my dad, a factory worker from Columbia City, Indiana—understood what those elites didn’t. They knew, for the first […]
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EU Follows Trump’s Lead on Tariffs Pause: ‘We Took Note’
By Shane Croucher is a Breaking News Editor based in London, UK. He has previously overseen the My Turn, Fact Check and News teams, and was a Senior Reporter before that, mostly covering U.S. news and politics. Shane joined Newsweek in February 2018 from IBT UK where he held various editorial roles covering different beats, […]
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How Shopping on Shein, Temu Could Change Under Trump’s China Tariffs
President Donald Trump‘s tariffs could make online shopping from retailers like Shein and Temu more expensive. Newsweek reached out to Shein and Temu for comment. Why It Matters Trump last week announced significant tariffs for dozens of countries across the globe, including China, a U.S. economic rival that produces many of the cheap goods Americans […]
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Bessent Jets to Florida to Urge Trump to Change Message on Tariffs: Report
U.S. Treasury Secretary Scott Bessent flew to Florida on Sunday to urge President Donald Trump to focus his message on negotiating favorable trade deals rather than permanent tariffs, according to an exclusive report from Politico. Bessent warned that markets would “keep melting” unless Trump shifted his stance to emphasize the endgame of his tariff strategy. […]
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Global Stocks Plunge As Trump Doubles Down on Tariffs: Live Updates
Global markets plunged Monday as President Trump stood firm on tariffs, deepening investor fears of a drawn-out trade war. The S&P 500 was set to open about 2% lower, bringing it closer to bear market territory after weeks of steady losses. Wall Street braced for more volatility, with analysts warning there’s still no sign of […]
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First House Republican Comes Out Against Trump Tariffs
U.S. Representative Don Bacon has become the first Republican House member to come out against Donald Trump‘s tariffs, as he prepares to introduce a mirror bill to the bipartisan Senate legislation aimed at restoring congressional powers over the levies. Bacon, of Nebraska, told Newsweek on Friday, “I look forward to working with Sen. Grassley to […]
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Did Trump Admin Use ChatGPT to Allocate Tariffs? What We Know
Internet analysts have taken note of the similarities between the Trump administration’s formula used to decide the “Liberation Day” tariffs, and the same methods provided by ChatGPT if asked. Critics highlighted that ChatGPT and other artificial intelligence chatbots would provide very similar methods for setting tariff levels if they were asked to design a policy. […]
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Ted Cruz Speaks Out Against Donald Trump’s Tariffs: ‘Tax on Consumers’
By Hugh Cameron is Newsweek U.S. news reporter based in London, U.K. with a focus on covering American economic and business news. Hugh joined Newsweek in 2024, having worked at Alliance News Ltd where he specialised in global and regional business developments, economic news, and market trends. He graduated from the University of Warwick with […]
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Ford Is Now Offering Buyers Its Employee Pricing Amid Trump Tariffs
Ford Motors announced new discounted pricing for prospective customers Thursday, on the heels of President Donald Trump‘s sweeping tariff plan, which includes a 25 percent tariff on auto imports. Newsweek reached out to Ford via email for comment on Thursday. Why It Matters The president announced on Wednesday that the U.S. will impose tariffs on […]
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