Showing posts with label TRUMP'S TARIFFS. Show all posts
Showing posts with label TRUMP'S TARIFFS. Show all posts

April 30, 2025

TRUMP'S TARIFFS

Trump reduced some auto tariffs after U.S. carmakers complained that the levies would squeeze their profits.

General Motors abandoned a previous forecast for solid profit growth this year because of uncertainty created by Trump’s policies.

Trump’s tariffs have already slowed manufacturing activity in China.
The White House attacked Amazon after a report that the company planned to display tariff costs in its listings. Amazon denied it. By the end of the day, Trump was praising Jeff Bezos.