President Donald Trump’s announcement of new reciprocal tariffs reignited global debate over trade policy, drawing sharp criticism from establishment economists and former officials. But beneath the surface of economic formulas and elasticities lies a deeper strategic shift—one aimed at reclaiming American leverage in a global system long skewed against U.S. workers.
Amazon CEO Andy Jassy confirmed Monday that recent tariffs on Chinese imports have not caused significant price increases on the company’s platform. Speaking on CNBC’s Mad Money, Jassy credited strategic inventory moves and competitive seller behavior for keeping prices stable, reinforcing arguments that tariffs do not necessarily fuel inflation as critics long claimed.
General Motors is walking a fine line with President Donald Trump’s administration, publicly praising his support for American manufacturing while quietly lobbying to preserve electric vehicle (EV) mandates and subsidies initiated under former President Joe Biden. The automaker, led by CEO Mary Barra, has been simultaneously touting domestic investment and importing millions of foreign-made vehicles.
President Donald Trump is blasting federal judges for temporarily blocking his “Liberation Day” tariffs, calling the court’s decision “political” and “Country threatening.” In a Truth Social post on Thursday, Trump questioned how judges, including one he appointed, could issue such a ruling, expressing frustration with the legal advice he received on certain judicial picks.
A federal court has blocked President Donald Trump's sweeping "Liberation Day" tariffs, ruling that the administration overstepped its authority under the International Emergency Economic Powers Act (IEEPA) of 1977.
The battle over President Donald Trump’s “Liberation Day” tariffs took a dramatic turn Thursday, as a federal appeals court issued an emergency stay reinstating the tariffs. This came just one day after the U.S. Court of International Trade ruled the tariffs illegal and blocked their enforcement. The quick reversal allows the Trump administration’s trade policy to move forward while the legal battle continues.
