Trump, tariff
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Donald Trump, timber and lumber
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When President Trump came into office, he promised to fuel an economic boom with a magic bullet: tariffs. They're taxes added to a wide range of imports. And money is coming in, more than $30 billion a month so far.
Donald Trump has repeated his threat to impose a 100% tariff on all films not made in the US, claiming the American industry had been "stolen" by other countries. He said on Monday that California had been heavily affected and the levy would "solve this long time, never ending problem".
The Trump administration will carry ahead with investigations into certain imports during a possible government shutdown, allowing them to move forward on laying the groundwork for further tariffs.
Political consultants and analysts say investors may be too complacent about the administration’s tariff plans.
President Donald Trump said in a Truth Social post on Monday he will be imposing a 100% tariff “on any and all movies that are made outside of the United States.”
Ramaphosa has proposed a R940bn ($54bn) investment plan, promising to revive manufacturing and create jobs, but President Donald Trump’s tariffs are a major obstacle to growth. Central bank governor Lesetja Kganyago has said US duties could cause around 100,000 job losses in South Africa, with farmers and automakers hit hardest.
President Trump on Wednesday said he planned to use money brought in from tariffs on imports to provide aid to soybean farmers who have been hurt by a trade dispute with China. “The Soybean Farmers of our Country are being hurt because China is,
President Donald Trump said Monday he will impose a 100% tariff on “any and all movies that are made outside of the United States” in a post on Truth Social, repeating a threat he made earlier this year in an effort to boost the Hollywood filmmaking industry he claims was “stolen” by other countries.
Trump’s tariffs may bring more blue-collar factory jobs to the US, their argument goes, but the levies shouldn’t lead to higher firearms prices for his gun-buying supporters. Win or lose, that argument reflects the outsize role that one person,