Volkswagen, Trump and Tariff Hit
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Money Talks News on MSNTrump's EU Tariffs Could Drive up Olive Oil Prices for U.S. ConsumersTrump's proposed 30% tariffs on EU imports could significantly increase olive oil costs for American consumers who rely heavily on Mediterranean suppliers.
US President Donald Trump suggested that he would not go below 15% as he sets so-called reciprocal tariff rates ahead of an Aug. 1 deadline, an indication that the floor for the increased levies was rising.
Bessent expressed his support for Powell amid ongoing criticism from Trump administration officials, stating that he sees no reason for the Federal Reserve chair to resign.
President Donald Trump is visiting the Federal Reserve headquarters, a week after indicating that Fed chair Jerome Powell's handling of a renovation project could be grounds for firing.
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'Sensible Tariff Policies, Not Gimmicks': Rep. Marcy Kaptur Blasts Trump's Reckless Tariffs In Remarks From House FloorOn the House floor several days ago, Congresswoman Marcy Kaptur (D-OH) delivered remarks berating Donald Trump and his reckless, thoughtless tariff policies.
After days of Republican drama, the House on Thursday passed President Donald Trump's sweeping tax cut and spending bill, sending it to his desk for signature.
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Stocktwits on MSNVolkswagen CEO Hopes To Score A Better Tariff Deal With Trump After Taking A $1.5B Hit: ReportCEO Oliver Blume on Friday reportedly expressed hope that the automaker’s “attractive” investments in the U.S. would help the company score a better tariff deal with President Donald Trump. Speaking to investors after Volkswagen reported results for the first half of 2025,
The pause on many tariffs was supposed to end this week, but it didn't. Despite that, reports still indicate that tariffs have caused a notable recent spike in inflation.