Slap Tariffs News Today

Donald Trump, speaking in New Hampshire, said he would enact widespread tariffs to protect American manufacturing and jobs.

Oil prices are finally falling as a combination of Chinese lockdowns and a potential breakthrough in peace negotiations between Russia and Ukraine drive bearish sentiment

As presidents. >> john: president trump tweeted that nato is stronger because of his leadership. he wrote that the number of nato allies fulfilling their obligations more than doubled. natos spending increased by billions of dollars. but the president is being challenged by french president, emmanuel. he was highlighting president trumps criticism of nato and turkeys embrace of russia. the comment drew a rebuke from turkish president, who suggested, it is mccrone who is brain-dead. >> john: pres...

Thank you. the trump administration is set to move forward with a new round of tariffs on china. in the latest escalation of the ongoing trade war. now, starting tomorrow, the u.s. will slap tariffs of 15% on $112 billion in chinese imports and this time they will likely deliver a direct hit to consumers. garrett tenney is live at the white house with more on this developing story. hi, garrett. >> reporter: good afternoon. the latest round of tariffs raises the chances that everyday americans ...

Launches -- someone sues him about it and we end up in the courts and it costs a lot of taxpayer money, and in the end trump usually loses. but congress spoke about this very strongly and very definitively. we got 87 votes on the farm bill, i believe, 87, 88, more votes than weve ever gotten on a farm bill. its a nutrition bill. its an economic development bill. its a bill that dealt with keeping lake erie clean. the great lakes. we had a lot of things in it and it really made sense by and large...

State on the state of play right now? it is such a strange situation to watch it unfold. the president sort of unilaterally using a national security rationale to from his perch in the executive to slap tariffs on china in escalating the trade war that has had real material effects for farmers across the country, particularly those that grow a lot of soy and export it to china and replacing it with checks theyre writing from the white house and bragging about it. how sustainable is this? >> well...

Welcome, sir. how is this affecting the relationship there now? >> i think since our new president took office in december, alex, he made a point of not having any confrontation to president trump, not paying attention to his tweets, tirades, diatribes or insults or anything he does. just sort of looking the other way and trying to avoid any kind of confrontation. this became very difficult now with the threat to impose tariffs, slap tariffs on mexican exports to the u.s. the good thing is the t...

Senator from texas, john cornyn, who is high up in republican leadership came out with a statement disapproving of the presidents announced plan to slap tariffs on mexican imports as a punitive measure because the mexican government is being insufficiently vigilant of stopping border crossings from the northern triangle. what is that going to mean for texas? >> in almost every single instance when it comes to our foreign policy, president trump is shooting this country in the foot, forcing farme...

How would this impact the aut r authortarian leader? >> reporter: the country is taking quite a blow. based on the statements from erdogan, he remains defiant especially after the lira plummeting to the lows. of course, all this is stemming from two factors. one is turkeys mismanagement of the economy. erdogans repeat ed ied insistef the markets interest rates. something of a death blow when then the u.s. administration decided to sanction two turkey ministers as well as slap tariffs on aluminum...

This gives you an idea of how interdependent these two countries are. yes, that will hurt people in the canadian pulp and paper industry. it will also have a devastating affect on every american newspaper that publishes still a print edition, and every journalist whose works appear on paper. you cant hurt canada without hurting the united states and vice versa. >> so, wait, do you think that that was part of this? i mean, could donald trump have known about that? >> i have no idea. i cant imagin...