Trump, tariffs and White House
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Trump, Brazil and US tariffs
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The U.S. is going to provide more weapons to Ukraine after having recently paused a shipment to the country, Trump said. He added that he's "not happy" with Russian President Vladimir Putin.
Instead on Wednesday, Trump continued to threaten countries with higher tariffs in the near future by publishing open letters to the Philippines, Brunei, Moldova, Algeria, Iraq, Libya and Sri Lanka that set new tariff rates ranging from 20% to 30% that he said he would impose on Aug. 1.
Scavino is the third top official who, along with two others, sold Trump Media stock with the combined value of up to $10 million before tariffs news
2hon MSN
Manufacturers and construction companies — as well as consumers — would face higher prices if the U.S. jacks up tariffs on copper, analysts said.
President Trump is alerting countries around the world of impending tariff rates that they will face when sending goods to the United States, hitting prominent trading partners and poorer nations
On the foreign policy front, Trump said he will send more weapons to Ukraine after the Pentagon paused deliveries of the critically-needed supplies last week. Overnight, Russia launched what Ukrainian officials said was the largest aerial assault since the start of the war.
President Donald Trump’s tariffs have already driven up some prices, but they have not yet produced the overall inflation that many economists feared.
President Trump's 90-day pause on global tariffs announced in April is nearing its expiration, and the White House warned that steeper tariffs could roll out at the beginning of August. CBS News' Natalie Brand has the latest.
The chair of the White House Council of Economic Advisers said that some countries that are negotiating with the U.S. could see tariffs delayed.
The Council of Economic Advisers, chaired by Stephen Miran, said in a report this month that, using an analysis of a price index used to track inflation, it has contradicted the idea that