Browsing Tag

tariffs

Donald Trump unveils 25% tariffs on Iran’s trading partners

Trump threatens 25% tariff on countries trading with Iran as rights group reports 648 killed in protests U.S. President Donald Trump said he will impose a 25% tariff on “any country” that does business with Iran, escalating economic pressure on Tehran as an Iran-focused rights group reported at least 648 people killed in a sweeping crackdown on nationwide protests. “Effective immediately, any country doing business with the Islamic Republic of Iran will pay a tariff of 25% on any and all business being done with the United…

Trump unveils $12 billion farm aid package for farmers hit by tariffs

Trump unveils $12 billion farm aid as he threatens new Mexico tariffs, presses China on soybeans WASHINGTON — President Donald Trump on Monday announced a $12 billion aid package for U.S. farmers hammered by low prices and trade disputes, pairing fresh relief with a new tariff threat against Mexico and fresh pressure on China to accelerate soybean purchases. The White House said $11 billion will flow as one-time direct payments to row-crop producers through the Agriculture Department’s Farmer Bridge Assistance Program.…