Treasury Secretary Steven Mnuchin testifies before the House Financial Services Committee hearing on"The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System" in Washington, U.S., May 22, 2019. REUTERS/Mary F. Calvert
WASHINGTON - The Trump administration is studying how proposed tariff increases on Chinese imports will affect consumers and is at least a month away from enacting them, Treasury Secretary Steven Mnuchin said on Wednesday. “There won’t be any decision probably for another 30 to 45 days,” Mnuchin said at a hearing with lawmakers in the U.S. House of Representatives, adding that he had spoken with the chief financial officer of retailer Walmart about how the tariffs will impact consumer prices.Related Coverage
U.S. decision on proposed Consumer Tax hikes is at least a month away. There I fixed the headline. Tariffs ARE taxes on consumers.
Shouldn’t congress be in charge of trade regulations. Do you job congress or we will find new people to do it for you.
So it’s “U.S. decision”.😂 Like there’s more than one rogue American who can slap tariffs on whoever he pleases, with no national security reasons. Thanks, Trump voters, for making that ignorant man stand for all of us😩
Trump tweet before lunch...
Is it time to take out the chicken 🐓? Too soon ;)
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US delaying car tariffs a 'wise decision,' EU finance chiefs sayThis economic threat is an acute concern for European leaders at a time when the euro zone is already showing signs of weakness. Germany just wanted to sale their cars. Doesn't Care about the world balance or not Trade is meaning full to be fair for both. I don't think that fair enough. POTUS AND TARIFFS AN AMERICAN OBSESSION
Source: CNBC - 🏆 12. / 72 Read more »
Dollar supported by strong U.S. data, higher Treasury yieldsThe dollar hovered near a two-week high against its peers on Friday, supported b... Lol Darn those tariffs... I don't believe anything this administration reports on. nothing.
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U.S. Treasury's Mnuchin defies House subpoena for Trump's tax returnsU.S. Treasury Secretary Steven Mnuchin said that he would not provide President Trump's tax returns to Congress Republicans have made Trump above the law and the Constitution! Lock him up good!
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Top Cisco executives: We anticipated Trump's China tariff hike, but anything more is worrisomeCisco's CEO and CFO say additional U.S. tariffs on Chinese imports would harm American industries as a whole.
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U.S. Treasury secretary plans China visit as trade war clouds world economyU.S. Treasury Secretary Steven Mnuchin said on Wednesday he will likely travel t... Sry world.. this is needed How did this guy become successful?
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Price hikes from rising tariffs loom ahead of busy shopping seasonsThe U.S.-China trade battle could be coming to a mall near you in the form of higher prices in time for the back-to-school and holiday shopping seasons. Good going jacka** WhiteHouse Mall? thx donald.
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White House could delay auto tariff decisionAdministration officials fear that imposing duties on autos would hurt talks with China as well as potential trade negotiations with Japan and the EU, according to a source with knowledge of the situation Corrupt greedy establishment elites will always complain when someone dares stand up for American manufacturing because they are scared greedy corrupt big business who could not careless about middle class Americans won't donate to their campaigns. Trump is finally realizing that 'parts,' more than end products will impact consumers.
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Trump Administration Delays Decision on Car TariffsThe Trump administration has put off a final decision on whether to impose broad tariffs on automobile and auto-part imports for about six months, two administration officials said. Unbelievable !! 🤬🤬 So what Trump’s policy boils down to is: tariffs for all, except my base and industries with a big lobby with clout. Everyone else, oh well, too bad, so sad. Most European and Japanese auto manufacturers are making cars for the USA market in Mexico, where they can pay assemblers $8/hr and truck new cars over the border tax-free. Of course they will oppose any new tariffs.
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Trump delays auto tariff decision for up to 180 daysThe White House gave the European Union and Japan more time to limit auto shipments to the U.S. CryBabyTrump Delay delay delay that’s all this president knows,that and I’ll take you to court China HS Codes. For tariff
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White House Puts Off Final Decision on Auto Tariffs for 180 DaysThe Trump administration said Friday it would put off for 180 days a final decision on whether to impose broad tariffs on automobile and auto-part imports. !!! Dithering over bad policy. What visionary leadership. The man playing chicken.
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Trump delays decision on imposing auto tariffs for 180 daysPresident Donald Trump on Friday delayed for 180 days a decision on imposing tariffs on foreign automobiles and auto parts. A White House statement said...
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