Trump Official Confirms 10% Baseline Tariffs to Persist, Echoing World Requires Stability Might 11, 2025 — Howard Lutnick, U.S. Secretary of Commerce, affirmed on CNN’s State of the Union with Dana Bash that President Donald Trump’s 10% baseline tariff on imports from practically all buying and selling companions will stay “in place for the foreseeable … Read more
China Says “Market Has Spoken” After Trump Tariffs Spark Stock Rout Beijing, China – In a pointed response to the recent turmoil in global financial markets triggered by President Donald Trump’s announcement of new tariffs on Chinese imports, Chinese officials are asserting that “the market has spoken” in reaction to the escalating trade tensions. The … Read more
As inflation continues to soar, consumer food businesses across the country are grappling with unprecedented cost increases and supply chain disruptions. In a growing number of industries, businesses are finding themselves “nowhere to absorb it,” unable to offset the rising prices of raw materials, labor, and logistics without passing them on to consumers. According to … Read more