Trump slashes tariffs on India
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Despite a sharp rise in U.S. tariffs under President Donald Trump, the economy has continued to grow, surprising economists and reshaping views of trade policy's impact.
Several large American manufacturers are thriving despite the threat of higher costs. Smaller ones are struggling.
Vice President JD Vance announced a new push on Wednesday to create price stability in the market for critical rare earth minerals.
In 2024 Bessent wrote: “Tariffs are inflationary and would strengthen the dollar.” He denied this before the House Financial Services Committee.
(The Center Square) – President Donald Trump continues to defend his use of tariffs worldwide as businesses await a U.S. Supreme Court ruling on the president’s tariff authority. Trump has been urging the high court to rule in his favor, allowing him to continue imposing tariffs at will under the 1977 International Emergency Economic Powers Act.
When the Supreme Court granted an unusually quick hearing over President Donald Trump’s tariffs, a similarly fast resolution seemed possible.
Levies on imports were supposed to bring back a golden age of U.S. manufacturing. They haven’t worked, so far.
Toyota Motor retained its position as the world's top-selling automaker with record sales of 10.5 million in 2025, the Japanese auto giant reported on Thursday.