Ali Velshi: Trump’s 145% Tariff on Imports Feels Like a Bad Dream
MSNBC’s Ali Velshi warns that Trump’s 145% tariff on imports from the Chinese mainland will drive up prices for toasters, microwaves and game consoles, squeezing US household budgets.
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MSNBC’s Ali Velshi warns that Trump’s 145% tariff on imports from the Chinese mainland will drive up prices for toasters, microwaves and game consoles, squeezing US household budgets.
Facing Trump’s tariffs, companies from drugmakers to steel suppliers are diversifying beyond US markets and exploring Asia, Europe for a more stable future.
China’s Ministry of Commerce confirms Vice Premier He Lifeng will meet U.S. Treasury Secretary Scott Bessent in Switzerland to discuss tariffs and protect global trade.
U.S. florists grapple with soaring tariffs on imported blooms from Latin America and packaging from the Chinese mainland, forcing tough choices ahead of major gifting seasons.
Alexander Rahr calls Trump’s tariffs a provocation to global trade, warning of higher costs, supply chain shifts, and a push against economic globalization.
Yiwu traders in the Chinese mainland warn that new US tariffs could disrupt holiday goods imports, risking a Christmas supply crunch stateside and reshaping global holiday retail.
The US has ended duty-free treatment for imports under $800 from the Chinese mainland and the Hong Kong SAR, sparking price hikes, customs delays and supply chain shake-ups.
Italian winemakers warn that President Trump’s 20% tariff could slash β¬323M from revenues and drive up US wine prices.
At Berkshire Hathaway’s meeting, Warren Buffett warns against using trade as a weapon and highlights global cooperation as Q1 profits drop 14%.
Temu removed a large number of Chinese goods from its US site as low-value tariff waivers expired, shrinking choices and signaling higher prices ahead.