Breitbart Business Digest: How Commerce Flourished After Columbus’s Discovery of the New World
Columbus Day should be a humbling moment for the critics of Donald Trump’s trade policies.
Tariffs
GOP Rep. Buddy Carter: ‘Tariffs Are Part of the Issue’ with Rising Prices
On Friday’s broadcast of “CNN News Central,” Rep. Buddy Carter (R-GA) stated that, with prices, “tariffs are part of the issue, but we all know that petroleum and the price of gas has a lot to do with the rise
EU and China Strike Interim Trade Deal that Could Cut Chinese Hybrid Car Exports
The top trade envoys for China and the European Union agreed Friday on a broad initial deal following two days of talks aimed at calming escalating tensions over trade imbalances, the EU trade commissioner said.
Breitbart Business Digest: The Fed’s Tariff Chart Contains a Deflation It Can’t Explain
The New York Fed’s new tariff paper doesn’t really show that tariffs pushed inflation higher, but it does appear to show that the rise in the price of tariffed goods was met with a decline in the price of the non-tariffed goods.
Trump Says He Regrets All 3 of His Supreme Court Picks
President Donald Trump said he regrets nominating all three of the Supreme Court justices he appointed during his first term, according to an interview published Thursday.
BRICS Disaster: China Slaps Massive 55% Tariff on Brazilian Beef, But Leftist Lula Doesn’t Complain
China’s Ministry of Commerce (MOFCOM) announced a massive 55% tariff on beef imports from Brazil, which is nominally a partner in the China-dominated BRICS economic bloc.
Hayward: Xi Jinping’s Trip to Washington Yields Little Beyond Tariff Relief
Chinese dictator Xi Jinping’s trip to Washington, DC, was touted as a historic event, and there was plenty of theater around his meeting with President Donald Trump, but very little of substance has emerged so far beyond an agreement to lower tariffs on about $60 billion worth of trade goods.
Trump-Xi Summit Delivers Tariff Cuts on $30 Billion in Goods, Chinese Commitment to Buy U.S. Coal
The U.S. and China reached a $30 billion tariff deal following the Trump-Xi summit, and Beijing agreed to purchase 20 million metric tons of American coal.
Exclusive–USDA Sec. Rollins Addresses Imported Beef Concerns, Talks Lowering Beef Prices
U.S. Agriculture Secretary Brooke Rollins gave updates and addressed concerns related to the price of beef and the import of foreign beef in an exclusive interview with Breitbart News senior editor-in-chief Alex Marlow.
Trump Administration Pushes Back Against Australia’s Social Media Controls
Australia’s left-wing government said on Tuesday that it plans to require social media platforms to give their users an option to switch off “algorithms” and personally curate the information in their feeds. The White House was highly critical of the proposal, because American companies could end up facing steep fines in Australia if they fail to comply with the proposed law.
Canada Opens First Military Talks with China in Eight Years amid Hostility with U.S.
Canada’s anti-Trump government said it has reopened military talks with China for the first time in eight years. It was the first meeting through a channel known as the Defense Coordination Dialogue since April 2018, according to the South China Morning Post.
Exclusive: White House Spokesman Says Media Still Get Trump Tariff Policy All Wrong
White House Principal Deputy Press Secretary Kush Desai said in an interview with Breitbart News that the corporate media still get President Trump’s tariff policy wrong. Speaking at the G20 Finance Ministers meeting in Asheville, North Carolina, Desai is optimistic about the economic growth agenda Secretary Scott Bessent has touted as the administration’s actions to rebalance global trade.
Trump Encourages Canadian Companies to Move to U.S.
President Donald Trump encouraged Canadian companies “that are doing business with America” to move their companies to the United States, adding that when they move back, there will be “no TARIFFS.”
Maine Democrat Rep. Jared Golden: Tariff War with United States ‘Won’t Go Well’ for Canada
A Democrat lawmaker in Maine is backing President Donald Trump’s trade war with Canada while offering America’s northern neighbor a warning.
Canada Conservatives Push Back on Carney’s Economic War with America
Alberta Premier Danielle Smith and Saskatchewan Premier Scott Moe gave separate press conferences on Wednesday in which they refused to impose retaliatory tariffs against the United States on natural resources, in defiance of leftist Prime Minister Mark Carney’s trade war agenda.
President Trump Changes Name of Lake Ontario to ‘Lake America’
President Donald Trump signed an executive order Thursday, renaming Lake Ontario Lake America amid trade tensions with Canada.
Mark Carney Says Canada ‘at War’ After Failed U.S. Trade Talks
Canadian Prime Minister Mark Carney told reporters on Saturday that his country was “at war” with the United States after trade talks collapsed.
Donald Trump Announces 50 Percent Tariff on Autos, Steel from Canada
President Donald Trump announced Monday morning that he will impose a 50 percent duty on all trucks, cars, and steel from Canada in response to “ridiculously high tariffs” on American agricultural products.
Trump: U.S. Will Lift Tariffs for 90 Days on 300K Metric Tons of Ground Beef Imports
President Donald Trump announced that the United States would be allowing 300,000 metric tons of ground beef to be imported into the country, lifting tariffs on the product for 90 days.
Breitbart Business Digest: Fed Paper Finds Industries Most Exposed to Tariffs Saw Largest Productivity Gains
Economists are finally coming to grips with the reality that President Trump’s tariff policies did not have the inflationary effects they predicted.
Breitbart Business Digest: Boosted by Tariffs, U.S. Manufacturing Enters a Renaissance
So much for the idea that tariffs would damage U.S. productivity and manufacturing.
Exclusive: Greer Blasts Democrat State Attorneys General For Choosing Foreign Sweatshops Over American Workers
“It’s official: Twenty-five Democrat-run states, spanning from Michigan to California, have made their priorities clear: foreign sweatshops come before protecting hardworking Americans,” Greer said in a statement obtained exclusively by Breitbart News.
GOP Sen. Kennedy: Labor Market ‘Okay,’ ‘Not Great’, Tariffs a Cause of Inflation
On Wednesday’s broadcast of Bloomberg’s “Balance of Power,” Sen. John Kennedy (R-LA) discussed the Federal Reserve’s decision on rates earlier in the day and said that “The labor market’s okay, it’s not great” and tariffs are one cause of inflation.
Brazil Ropes World Trade Organization into U.S. Tariff Dispute
Brazil’s socialist government on Monday announced that it requested consultations with the World Trade Organization (WTO) over the new tariffs recently imposed by the U.S. on the South American nation.
Greer on Report Tariffs Cost Manufacturing Jobs: They Dropped Under Biden’s Last 2 Years, ‘We Stabilized’ in ’25, and Now They’re Rising
On Monday’s broadcast of the Fox News Channel’s “Special Report,” U.S. Trade Representative Jamieson Greer responded to a report that the Trump tariffs cost manufacturing jobs by saying that “we lost 220,000 manufacturing jobs in the last two years with President Biden. Last
‘Everything Is on the Table’: Canada Threatens America After Wildfire Smoke Fiasco
Leftist Canadian Prime Minister Mark Carney declared after a meeting with the nation’s premiers, the heads of the provincial governments, that “everything is on the table” to respond to the United States after President Donald Trump announced a new wave of tariffs on Canadian goods this week.
Trump’s Tariffs on 60 Countries Adopt Method Justice Brett Kavanaugh Laid Out in SCOTUS Ruling
The tariffs that President Donald Trump imposed on 60 countries Thursday night utilize one of the mechanisms that Supreme Court Justice Brett Kavanaugh laid out in the dissent of February’s Supreme Court ruling striking down Trump’s Liberation Day tariffs.
U.S. Tariffs 60 Trading Partners, Including Europe and China, for Slave Labor Product Imports
USTR Jamieson Greer announced “tariffs on 60 economies for their failure to impose and effectively enforce a prohibition” on forced labor.
GOP Rep. Loudermilk: Tariffs, ‘in Some Elements,’ Have ‘Contributed to This Continual Rise in Cost’
On Wednesday’s broadcast of NewsNation’s “The Hill,” Rep. Barry Loudermilk (R-GA) said that tariffs are “one of the sticking points that have also, in some elements, have contributed to this continual rise in cost and the fluctuation in costs and
Trump Imposes 50 Percent Tariff on Variety of Canadian Goods Over ‘Discrimination’ of American Autos
President Donald Trump on Monday imposed a 50 percent duty on a variety of Canadian goods, including alcohol, dairy products, hockey sticks, and many others.
Trump Says Costs Incurred from Canadian Smoke Pollution Blanketing the U.S. Will Be Added to Tariffs
President Donald Trump called the smoke pollution from Canada’s wildfires affecting the United States from the Great Lakes to the mid-Atlantic “totally unacceptable.”
U.S. Announces 25 Percent Tariffs on Brazil for Unfair Trade Practices
President Donald Trump on Wednesday instructed the United States Trade Representative to impose additional 25-percent tariffs on most Brazilian imports entering the U.S. in response to unfair trading practices committed by Brazil in detriment of America.
China’s Monthly Car Exports Surpass One Million
Chinese customs data reviewed by the Berlin-based Mercator Institute for China Studies (Merics) this week showed China’s total monthly automobile exports surpassed one million for the the first time in June.
U.S. Launches Trade Probe into German Drug Price Plan
The U.S. has opened a trade investigation into Germany’s plans to cut spending on prescription drugs, a move that could lead to new tariffs on Europe’s largest economy. U.S. Trade Representative Jamieson Greer announced the Section 301 probe Thursday, saying
Brazil’s Lula Heads to Uncomfortable G7 amid Trade Tensions with Trump and EU
Brazil’s Lula da Silva landed in France for this week’s 52nd G7 Summit amid expectations of a possible new meeting with President Trump.
Breitbart Business Digest: Trade Data Shows Trump’s Tariffs Are Working
The best kept secret in American politics and economics right now is that Trump’s tariffs are working to reduce the trade deficit.
Breitbart Business Digest: Today Is Trump Trade Victory Day — American Factories Are Winning Again
The case that tariffs necessarily make American manufacturing less productive died this week.
E.U. Finally Strikes Deal on U.S. Trade Pact Ahead of Trump’s Tariff Hike Deadline
The European Union agreed early Wednesday morning to proceed with a provisional deal to remove import duties on U.S. goods, upholding a key part of the E.U.-U.S. trade deal as President Donald Trump’s July 4 tariff hike deadline looms.
Graham: We Should Tariff China if They Keep Buying Iranian Oil
On Wednesday’s broadcast of the Fox News Channel’s “Hannity,” Sen. Lindsey Graham (R-SC) said that “I’ve got legislation that will allow President Trump to put tariffs on China for buying Russian oil and gas, and I’ll do the same thing
Biden’s Trade Ambassador: We Need to ‘Completely Reimagine Free Trade’ After Trump Won Over Working Class
Former United States Trade Representative Katherine Tai, who served in the Biden administration, says President Donald Trump’s “message of power” on trade and his use of tariffs is strongly backed by blue-collar Americans “aggrieved by the era of free trade.”
