Incoming trade advisor Peter Navarro has reassured Americans that the tariffs planned for President-Elect Donald Trump's next term will not lead to inflationary pressures. Speaking with CNBC, Navarro pointed to the significant tariffs imposed on Chinese imports during Trump’s previous term, such as steel, aluminum, dishwashers, and solar panels. Despite fears that these tariffs would drive up prices, Navarro emphasized that they had no discernible impact on inflation. He also dismissed past warnings about inflation, recalling how critics had predicted economic chaos during Trump’s first term, only to see those fears prove unfounded.
Canadian Deputy Prime Minister Chrystia Freeland has stepped down, citing a clash with Prime Minister Justin Trudeau over how to handle President-elect Donald Trump’s proposed 25% tariffs on Canadian imports.
A lawsuit described by lawyers as the "first of its kind" alleges that major food companies, including Coca-Cola, Nestlé, and General Mills, intentionally designed their products to be addictive. The lawsuit, filed by a Pennsylvania teenager, argues that the companies draw from the "cigarette playbook."
A recent Reuters/Ipsos poll reveals that most Americans oppose higher tariffs on imported goods if they lead to increased consumer prices. The findings highlight the political risks surrounding President-elect Donald Trump's plan to impose steep import tariffs aimed at boosting American industry and curbing illegal activities such as fentanyl trafficking.
A group of 17 congressional Republicans is urging President Joe Biden to block a proposal at the United Nations' Food and Agriculture Organization (FAO) that they believe would bolster China’s influence and diminish America’s leadership in global agriculture.
Chinese President Xi Jinping is unlikely to accept an invitation to attend the January 20 inauguration of President-elect Donald Trump, experts suggest.
A federal judge on Tuesday issued a preliminary injunction to temporarily block the $24.6 billion merger between Kroger and Albertsons, the largest proposed grocery...
President-elect Donald Trump sparked headlines Tuesday with a playful jab at Canadian Prime Minister Justin Trudeau, referring to him as the “Governor” of the “Great State of Canada.” The comments were shared in a post on Trump’s Truth Social account, where he recounted a recent dinner with Trudeau and expressed optimism about upcoming trade talks.
