Following President Donald Trump’s implementation of steep tariffs on Chinese imports, Amazon has reportedly begun canceling direct import orders for products manufactured in China and other Asian nations. The cancellations come in response to Trump’s April 2 tariff hike, which raised import duties on Chinese goods to 125%.
Senator John Kennedy (R-LA) declared Wednesday that President Donald Trump has already “won” in the ongoing global trade disputes, thanks to his assertive tariff strategy. Kennedy made the comments during a segment on MSNBC’s Morning Joe, citing the willingness of numerous countries to negotiate as evidence of Trump’s leverage.
President Donald Trump announced a sweeping series of tariffs last Friday, sparking strong reactions over the weekend from markets, media, and political observers. The move caused a sharp dip in the stock market and raised concerns about short-term economic turbulence, but Trump and his allies argue the long-term goals are critical for national security and economic sovereignty.
Taiwanese President William Lai Ching-te is pushing for zero tariffs and deeper trade cooperation with the United States in response to new tariffs announced by President Donald Trump. Trump’s move slapped a 32% tariff on nearly all Taiwanese exports except semiconductors, sparking sharp criticism from Taipei and setting the stage for major shifts in U.S.-Taiwan trade policy.
President Donald Trump will unveil a sweeping tariff plan on Wednesday, April 2, 2025, during a Rose Garden event marking what he has called "Liberation Day." The announcement is expected to introduce reciprocal tariffs aimed at countering foreign trade practices that have harmed American industries for decades.
Rep. Scott Perry (R-PA) told Newsmax on Tuesday that despite Democratic opposition, President Donald Trump’s tariffs are already showing positive economic results.
