May 1, 2026

Trump Tariffs

Trump Moves for Higher Tariffs on Buyers of Russian Oil

pgnewser September 10, 2025 0

‘100% tariff’: US official says Trump proposed higher duties on Russian oil buyers India, China in EU talks – Report– timesofindia.indiatimes.com
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United States is considering expanding tariffs on countries that buy Russian oil, including India, but only if the European Union takes similar steps, a US official told news agency AFP on Tuesday. According to the report, dialling in to talks between US and EU officials, president Donald Trump suggested tariffs of between 50 and 100 per cent on buyers such as China and India.“The source of the money for the Russian war machine is oil purchases by China and India. If you do not get at the source of the money, there’s no way to stop the war machine,” the official said as quoted. Trump, the official added, is “ready to go” but wants the EU to act alongside the US.The discussions in Washington reportedly were led by EU sanctions envoy David O’Sullivan, with US treasury secretary Scott Bessent and officials from the state department and the US trade representative also taking part. Ukraine’s prime minister joined the session, while Trump made his intervention remotely, said the official.
USAID Funding Freeze Impact: Trump Cuts International Aid ...

Appeals Court Rules in Favor of Foreign Powers over U.S. Sovereignty

pgnewser September 8, 2025 0

USAID Funding Freeze Impact: Trump Cuts International Aid ...

Appeals Court Backs Biden-Appointed Judge, Blocks Trump’s Move to Cut Foreign Aid– conservativeroof.com
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On Friday, the DC Circuit Court of Appeals sided with a radical Biden judge and said President Trump could not unilaterally cut billions in foreign aid.

Last Wednesday, US District Judge Amir Ali, a Biden appointee, blocked President Trump from cutting billions of dollars in USAID and foreign aid that Congress authorized.

Trump immediately appealed Judge Ali’s ruling.

“President Trump has the executive authority to ensure that all foreign aid is accountable to taxpayers and aligns with the America First priorities people voted for,” White House spokeswoman Anna Kelly said in a statement to Reuters.

On Friday, a three-judge panel ruled 2-1 against President Trump.

The three-judge panel included: Majority: Pillard (Obama), Pan (Biden), and Dissent: Walker (Trump).

As Trump berates Goldman, other economists agree that higher tariff inflation is coming– www.cnbc.com

pgnewser August 14, 2025 0

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Goldman Sachs is taking the heat for its call that heavier tariff-induced consumer inflation is ahead, but it’s far from alone in that view among its Wall Street brethren.

Despite investors’ embrace of Tuesday’s fairly benign consumer price index report, economists expect that the biggest impact to inflation is yet to come.

With pre-tariff inventories rolling off, effective tariff rates climbing higher and companies less willing to absorb higher costs from the duties, the general feeling is that consumers are increasingly going to feel the bite through the rest of the year.

China Weaponizes Rare Earth Mineral Monopoly

pgnewser August 12, 2025 0

China Limits Critical Mineral Supplies to Western Defense Manufacturers– legalinsurrection.com
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Our amazing Leslie Eastman has been reporting on this subject since January:

Defense manufacturers must “stop buying rare-earth magnets that contain China-sourced minerals by 2027.”

Well…it looks like China will make that happen before 2027.

The Wall Street Journal reported that China is now limiting the flow of critical minerals to Western defense manufacturers:

Earlier this year, as U.S.-China trade tensions soared, Beijing tightened the controls it places on the export of rare earths. While Beijing allowed them to start flowing after the Trump administration agreed in June to a series of trade concessions, China has maintained a lock on critical minerals for defense purposes. China supplies around 90% of the world’s rare earths and dominates the production of many other critical minerals.

As a result, one drone-parts manufacturer that supplies the U.S. military was forced to delay orders by up to two months while it searched for a non-Chinese source of magnets, which are assembled from rare earths.

Certain materials needed by the defense industry now go for five or more times what was typical before China’s recent mineral restrictions, according to industry traders. One company said it was recently offered samarium—an element needed to make magnets that can withstand the extreme temperatures of a jet-fighter engine—for 60 times the standard price. That is already driving the cost of defense systems higher, say suppliers and defense executives.

As Trump announces new tariffs, here’s a price tracker for cars, groceries and more supplies– www.cbsnews.com

pgnewser August 4, 2025 0

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CBS News is tracking the rising cost of products, including those most likely to be impacted by tariffs imposed earlier this year and new ones announced by President Trump on August 1, from the cost of common grocery items to the price of owning a vehicle.

Economists and other experts say consumers can expect to see higher prices in coming weeks and months for imported items.

Perhaps the most impacted day-to-day purchases for American families will be at the grocery store, where a large share of our most commonly purchased fruits and vegetables are imported from Mexico, Canada, China and other countries facing tariffs. Experts suggest the cost of those tariffs will be passed on to consumers in the grocery checkout lane.

The categories in this tracker reflect a selection from the U.S. Bureau of Labor Statistics’ Consumer Price Index and average price data. We focused on goods and services that make up a meaningful share of household budgets and have noted with a special orange marker those that could be affected most by tariffs.

China Trade Deal Fails to Materialize While India Gets Hit With Russian Ties Tariff

pgnewser July 30, 2025 0

Talks between China and the U.S. to stave off the looming tariff re-activation deadline have broken off, for now. The talks happened over a two-day period in Sweden between respective trade representatives. The deadline is August 12.

India, however, received notice it would be getting a Russian Ties Tariff of 25%. The President said of the penalty, “Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country. Also, they have always bought a vast majority of their military equipment from Russia, and are Russia’s largest buyer of ENERGY, along with China, at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE — ALL THINGS NOT GOOD! INDIA WILL THEREFORE BE PAYING A TARIFF OF 25%, PLUS A PENALTY FOR THE ABOVE, STARTING ON AUGUST FIRST.”

US-China trade talks in Sweden end without truce extension– www.france24.com
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Two days of talks between delegations from Beijing and Washington ended without an extension of the tariff truce set to expire on August 12. US Treasury Secretary Scott Bessent said that Donald Trump still needs to be briefed on the discussions. Also, the International Monetary Fund has revised its global growth outlook upward, as Trump’s tariff policies are scaled back. And, Lesotho’s textile industry remains on edge ahead of the August 1 tariff deadline.

India Gets Russian Tariff Penalty of 25%

Trump announces 25% tariffs on India over ties to Russia– www.washingtonexaminer.com
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President Donald Trump announced on Wednesday morning that he is authorizing 25% tariffs on India, which will take effect Aug. 1, due to the country’s import of Russian energy and military equipment.

“Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country,” the president said in a post on Truth Social.

“Also, they have always bought a vast majority of their military equipment from Russia, and are Russia’s largest buyer of ENERGY, along with China, at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE — ALL THINGS NOT GOOD! INDIA WILL THEREFORE BE PAYING A TARIFF OF 25%, PLUS A PENALTY FOR THE ABOVE, STARTING ON AUGUST FIRST,” he continued.

India Gets Russian Tariff Penalty of 25%

pgnewser July 30, 2025 1

Trump announces 25% tariffs on India over ties to Russia– www.washingtonexaminer.com
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President Donald Trump announced on Wednesday morning that he is authorizing 25% tariffs on India, which will take effect Aug. 1, due to the country’s import of Russian energy and military equipment.

“Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country,” the president said in a post on Truth Social.

“Also, they have always bought a vast majority of their military equipment from Russia, and are Russia’s largest buyer of ENERGY, along with China, at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE — ALL THINGS NOT GOOD! INDIA WILL THEREFORE BE PAYING A TARIFF OF 25%, PLUS A PENALTY FOR THE ABOVE, STARTING ON AUGUST FIRST,” he continued.

The Trump Economy Is Booming, and the Panicans Are Shattered– townhall.com

pgnewser July 30, 2025 0

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The inability to get Trump, for lack of a better term, reared its head again, as the legacy media and the panicans were left shattered and bloody over the latest economic report. They were lusting for a recession. They were hoping the tariffs would increase prices—neither of those things happened. Instead, what we got was a robust report of three percent economic growth in the second quarter. The experts were wrong again. They were off about inflation, tariffs—when will they hide away in a cave in abject shame? You don’t get it. You never will, and it’s time to admit you’ll never beat Trump, ever. Also, Powell, cut the rates, a sentiment echoed in White House Press Secretary Karoline Leavitt’s statement on today’s robust economic news:

 

Today, GDP growth came in above market expectations, and yesterday, consumer confidence rose. Americans trust in President Trump’s America First economic agenda that continues to prove the so-called ‘experts’ wrong. President Trump has reduced America’s reliance on foreign products, boosted investment in the US, and created thousands of jobs — delivering on his promise to Make America Wealthy Again. The data is clear, and there are no more excuses — now is the time for ‘too late’ Powell to cut the rates!”

‘He Doesn’t Love This Country’: Bill O’Reilly Torches Chuck Schumer Over Claim Trump’s EU Trade Deal Is ‘Fake’– dailycaller.com

pgnewser July 30, 2025 0

 

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Former Fox News host Bill O’Reilly on Tuesday condemned Senate Minority Leader Chuck Schumer on his show, “No Spin News,” after he called President Donald Trump’s trade deal with the European Union “fake.”

Schumer on Monday delivered remarks on the Senate floor criticizing the agreement and rebutting Trump’s claim that it was the “biggest deal ever” in a clip O’Reilly played. In a video of the show posted on O’Reilly’s YouTube channel, the host accused Schumer of “lying” and said he does not believe the senator loves the United States or cares for its citizens. (RELATED: Howard Lutnick Reveals How Trump Admin Secured Massive Trade Deal With Japan)

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“Trump would have you believe it’s the ‘biggest deal ever,’ that’s his words, dangling $250 billion of new energy purchases and more in new investments,” Schumer said in the clip. “There’s just one hiccup – it’s fake.”

“No, it’s not. Schumer is lying. And I very rarely use that word. I usually say he’s misleading or he’s a propagandist, which he is,” O’Reilly said after playing the clip. “But he’s just lying. He’s just head down, reading something that’s been written for him by one of his propaganda people.”

Trump’s EU Trade Deal Was So Tremendous, American Media Outlets Are Criticizing It for Being Too Good– www.westernjournal.com

pgnewser July 30, 2025 0

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The mainstream media’s reaction to President Donald Trump’s trade agreement with the European Union was priceless, as multiple outlets had to admit he got the better end of the deal and achieved a huge victory.

Axios led the way with an article titled “Trump trade deals prove access to the U.S. still matters above all else,” stating that “in the Trump-dominated global economy, the U.S. gets plenty but gives nothing in return.”

They also highlighted “how far foreign leaders will go to safeguard access to the U.S. market,” and called the massive investments from the EU “eye-popping.”

The deal imposes a 15 percent tariff on almost all goods entering the U.S. from the E.U. and requires them to make massive investments in American energy.

Ursula von der Leyen, president of the E.U.’s European Commission, said Europe will purchase $750 billion worth of U.S. energy as part of the deal, in addition to making $600 billion of investments in other U.S. endeavors.

The New York Times seemed dumbfounded with their Tuesday headline: “Europe Made Major Trade Concessions to Trump. How Did That Happen?”

Trump Seals Major Deal with UK

pgnewser July 28, 2025 0

U.S. reaches trade agreement with Europe with 15% tariff – Axios
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NBC Implies EU Deal Was Done as a Distraction from Epstein– www.newsbusters.org

pgnewser July 28, 2025 0

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A weird A-block report on NBC’s Sunday Nightly News makes crystal clear the urgency of narrative for the legacy media. In this instance, a dirty frame sets up a palette cleanser following the lead story- the consequential trade agreement between the United States and Europe announced at President Donald Trump’s Turnberry resort in Scotland.

Watch as Sunday anchor Hallie Jackson repurposes the “distraction from Epstein” narrative in order to reclaim viewer focus:

HALLIE JACKSON: Even overseas, the president

Trump Says He’s ‘Thinking About’ Sending Tariff-Funded Rebate Checks To Americans– dailycaller.com

pgnewser July 25, 2025 0

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President Donald Trump said on Friday that he was contemplating sending rebate checks to Americans using tariff revenue.

The U.S. government ran a $27 billion budget surplus in June, fueled partly by record tariff revenue, which exceeded $100 billion for the first time in a fiscal year, Reuters reported. When a reporter asked Trump at the White House if there was a chance of a rebate for Americans due to the revenue, the president said his administration was prioritizing paying off debt, but that a small rebate for some Americans was possible. (RELATED: Trump Locks In China Trade Deal, Keeps Pressure On Beijing)

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“We’re thinking about that, actually. We have so much money coming in,” Trump said. “We’re thinking about a little rebate, but the big thing we want to do is pay down debt. But we’re thinking about a rebate.”

“That’s a very good question. You just made a lot of news,” he continued. “We’re thinking about a rebate because we have so much money coming in from tariffs that a little rebate for people of a certain income level might be very nice.”

Trump Says He May Send Rebate Checks to ‘People of a Certain Income Level’– www.westernjournal.com

pgnewser July 25, 2025 0

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President Donald Trump said Friday that his administration is considering issuing rebate checks to some Americans due to the massive revenue surge from tariffs.

“We have so much money coming in,” Trump told reporters from the White House. “We’re thinking about a little rebate.”

He emphasized that his primary goal remains putting the country on a course toward fiscal responsibility.

“But the big thing we want to do is pay down debt,” he said. “But we’re thinking about a rebate.”

As reporters pressed for further details, Trump praised one in particular for starting what he categorized as an important discussion Americans might hear more of.

“That’s a very good question,” he said. “You just made a lot of news.”

Volkswagen posts 29% drop in second-quarter profit as tariffs hit hard– www.cnbc.com

pgnewser July 25, 2025 0

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A worker performs a final check on new Volkswagen ID.3 electric cars at the Volkswagen plant on May 14, 2025 in Dresden, Germany.

Sean Gallup | Getty Images News | Getty Images

Germany’s Volkswagen on Friday lowered its full-year guidance and reported a sharp drop in second-quarter profit, as the auto giant navigates the disruptive impact of U.S. tariffs.

Europe’s biggest carmaker posted operating profit of 3.83 billion euros ($4.49 billion) for the three months through June, down 29% from 5.4 billion euros a year ago.

Analysts had expected second-quarter profit to come in at 3.94 billion euros, according to a Factset-compiled consensus.

Philippines hopes to further lower tariff rate to around 15%, says ambassador to US– www.channelnewsasia.com

pgnewser July 25, 2025 0

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Romualdez told CNA’s Asia First: “Obviously, the special relations that we have with the United States on our defence alliance is an important part of this whole equation.

“However, like I said, it is still not a completely done deal as pointed out, because we still have time to be able to look into possibilities of bringing it lower.”

In terms of how Manila’s security cooperation with Washington influenced the economic terms of the deal, as well as the meeting between Trump and Marcos, Romualdez noted that both countries have inked several security agreements with commercial components.

“The US Congress had just approved that an ammunition manufacturing facility will be established in the Philippines. That … will create jobs,” he said.

Mexico doing ‘everything’ to avoid 30% US tariffs: Thursday’s mañanera recapped– mexiconewsdaily.com

pgnewser July 25, 2025 0

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At her Thursday morning press conference, President Claudia Sheinbaum spoke about her government’s efforts to stave off new U.S. tariffs that are due to take effect next week.

She also spoke about two significant reductions: one in the amount of fentanyl seized by U.S. authorities at the Mexico-U.S. border and another in the prevailing inflation rate in Mexico.

Here is a recap of the president’s July 24 mañanera.

Japan markets rally on the country’s 15% tariff rate– www.cnbc.com

pgnewser July 25, 2025 0

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The anchoring effect is one of the sneakiest tools companies use to make us spend money.

Here’s how it works. Let’s say we’re shopping for a smartphone manufactured by Dapple, which has just released two new models: a $1,200 model with a big screen and a $900 one that is more compact. The more expensive smartphone will serve as the “anchor” by which we make comparisons, so the $900 model will appear to be value for money — even if it is costly in absolute terms. But we’re likely to feel good about choosing it because we’ve “saved” $300 on our purchase.

This scenario seems to be what’s happening with the U.S-Japan trade agreement freshly announced late Tuesday stateside. U.S. President Donald Trump said Washington would gain access to Japan’s markets for rice and cars — which had been sticking points during negotiations — while the latter would see 15% tariffs on its exports to America.

At first glance, that doesn’t sound too positive for Japan. But investors celebrated the news — the Nikkei 225 jumped 3.8% at 1:45 a.m. ET. After all, a 15% tariff rate is a big improvement from the 25% tariff Trump slapped on Tokyo earlier this month. Furthermore, Japanese auto exports to the U.S. — which made up 28.3% of all shipments in 2024 — will face a tariff of 15%, lower than the universal 25% other countries are subject to.

As Brian Jacobsen, chief economist at Annex Wealth Management, said, “It’s a sign of the times that markets would cheer 15% tariffs. A year ago, that level of tariffs would be shocking. Today, we breathe a sigh of relief.” That, in essence, is the anchoring effect at play.

Will China’s Rare Earth Dominance Die in Wyoming?

pgnewser July 25, 2025 0

Wyoming’s New Rare-Earth Mine Could End China’s Monopoly – Daily Signal

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The first new U.S. rare-earth mine in 70 years broke ground this month in Wyoming.

Ramaco Brook Mine, which contains 1.7 million tons of rare earth minerals, is a “groundbreaking discovery” that “marks a turning point for America,” the Department of Energy announced.

U.S Inks Tariff Deal with Japan, Includes Market Access for U.S. Auto Dealers

pgnewser July 25, 2025 0

BREAKING: Trump announces ‘massive’ trade deal with Japan, includes $550 billion investment in US | The Post Millennial– thepostmillennial.com
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Trump said Japan will invest $550 billion into the US economy and that the United States will receive 90% of the profits from the deal.

President Donald Trump announced on Tuesday evening that a new trade agreement has been finalized between the United States and Japan, calling it “perhaps the largest Deal ever made.”

In a post on Truth Social, Trump said Japan will invest $550 billion into the US economy and that the United States will receive 90% of the profits from the deal. The president says the agreement would generate “Hundreds of Thousands of Jobs” and significantly expand trade between the two countries.

“We just completed a massive Deal with Japan, perhaps the largest Deal ever made. Japan will invest, at my direction, $550 Billion Dollars into the United States, which will receive 90% of the Profits. This Deal will create Hundreds of Thousands of Jobs — There has never been anything like it. Perhaps most importantly, Japan will open their Country to Trade including Cars and Trucks, Rice and certain other Agricultural Products, and other things. Japan will pay Reciprocal Tariffs to the United States of 15%. This is a very exciting time for the United States of America, and especially for the fact that we will continue to always have a great relationship with the Country of Japan. Thank you for your attention to this matter!” the post reads.

Trump China tariff deadline likely to be extended, Bessent says– www.cnbc.com

pgnewser July 22, 2025 0

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Treasury Secretary Scott Bessent on Tuesday said he is likely to hash out an extension of President Donald Trump‘s upcoming trade deadline with China when he meets with his Chinese counterparts in Stockholm, Sweden, next week.

The two sides in mid-May agreed to a 90-day suspension of most of the heavy tariffs on each others’ goods while they continued trade negotiations. That suspension is set to expire on Aug. 12.

But “we’ll be working out what is likely an extension” during talks in Stockholm on Monday and Tuesday, Bessent said in a Fox Business interview.

“I think trade is in a very good place with China,” he said.

Swedish Prime Minister Ulf Kristersson later Tuesday morning confirmed that his country would host the latest round of talks between Washington and Beijing.

“It is positive that both countries wish to meet in Sweden to seek mutual understanding,” Kristersson said on X in a translated post.

WATCH LIVE: President Trump Takes Questions While Hosting the President of the Philippines to Discuss Trade and August 1 Tariff Deadline – 11:15 AM ET | The Gateway Pundit– www.thegatewaypundit.com

pgnewser July 22, 2025 0

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President Trump is hosting Philippine President Ferdinand Marcos Jr. this afternoon at the White House amid Trump’s threat to impose 20% tariffs on imports from the Southeast Asian island nation. 

Marcos also met with Defense Secretary Pete Hegseth this morning to discuss the military alliance between the United States and Philippines, as well as China.

Trade will be the top item on the agenda for Marcos’s meeting with the President of the United States.

In a letter, dated July 9, Trump put President Marcos on notice of the “significant Trade Deficit,” warning that tariffs of 20% will be charged starting on August 1, unless Philippine companies build and manufacture in the United States or the Philippines reduces trade barriers.

“If for any reason you decide to raise your Tariffs, then, whatever the number you choose to raise them by, will be added onto the 20% that we charge,” President Trump warned.

“If you wish to open your heretofore closed Trading Markets to the United States, and eliminate your Tariff, and Non-Tariff, Policies and Trade Barriers, we will, perhaps, consider an adjustment to this letter.”