LeadStory

Trump tariffs protect or harm U.S. economy?

Asked 2 hours ago

Answer

Trump's tariffs have led to higher prices for consumers and shortages in some industries, while the administration claims economic benefits. U.S. farmers and manufacturers report financial hardship and job losses due to retaliatory tariffs and increased costs. The White House argues tariffs boost domestic production and economic growth, but industry representatives and economists highlight negative impacts.

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Fox News

President Trump ramps up tariffs on pasta and copper

Fox News · Just In
Fox News
Fox News
Just In
  • The Trump administration has imposed a 91% tariff on Italian pasta imports. 16s
  • European leaders are calling for a unified response to the new U.S. tariffs. 26s
  • Economists warn that pasta prices in the U.S. could rise due to the tariffs. 44s
  • A separate 50% tariff on copper imports is causing shortages and higher prices for electrical equipment. 1m 7s
  • The White House argues that tariffs are strengthening the U.S. economy and can be offset by domestic supply. 1m 19s
PoliticsFood & DietEconomy

References

President Trump ramps up tariffs on pasta and copper
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Fox News
3 hours ago
President Trump ramps up tariffs on pasta and copper

Economists predict a big spike in pasta prices due to tariffs, while the president claims tariffs are making the country an economic power again.

President Trump ramps up tariffs on pasta and copper
Icon
Fox News
3 hours ago
President Trump ramps up tariffs on pasta and copper

A 50% tariff on copper imports has led to shortages and increased costs for electrical equipment, with audio equipment prices rising by 14%.

President Trump ramps up tariffs on pasta and copper
Icon
Fox News
3 hours ago
President Trump ramps up tariffs on pasta and copper

The White House says copper imports can be replaced with domestic supplies and that the positive impact of tariffs outweighs current issues.

President Trump ramps up tariffs on pasta and copper
Icon
Fox News
3 hours ago
President Trump ramps up tariffs on pasta and copper

The administration claims hundreds of billions have been raised in tariff money and GDP growth is near record highs.

Soybean farmers face steep losses: 'I'm in the worst shape right now'
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CBS America
3 hours ago
Soybean farmers face steep losses: 'I'm in the worst shape right now'

Farmers are hurt by the trade war with China, facing steep losses, bankruptcies, and foreclosures.

Soybean farmers face steep losses: 'I'm in the worst shape right now'
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CBS America
3 hours ago
Soybean farmers face steep losses: 'I'm in the worst shape right now'

U.S. farmers feel betrayed after Argentina dropped soy tariffs to China, undercutting U.S. farmers.

Soybean farmers face steep losses: 'I'm in the worst shape right now'
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CBS America
3 hours ago
Soybean farmers face steep losses: 'I'm in the worst shape right now'

Farmers report being in the worst financial shape due to low crop prices and increased foreign competition.

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