Greenland, Donald Trump and Europe
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Trump, tariff and Markets
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President Donald Trump has said over the last year that money brought in from his increased tariffs would pay for at least half a dozen initiatives -- from reducing the national debt to providing dividend checks to "moderate income patriots" -- but the revenue raised so far can't deliver all of them.
A new study from the Kiel Institute found that foreign exporters only absorb 4% of tariff burden.
Trump said he would consider steep tariffs on French wines if the country's president doesn't join a new Board of Peace to oversee war-torn Gaza.
28mon MSN
As Trump's tariffs bite, PM Modi invites Brazil president in strategic push for Global South unity
Amid mounting US tariff pressure and mixed signals from Washington, Prime Minister Narendra Modi has confirmed that Brazil’s President Lula will visit India soon, marking a key moment in Global South diplomacy.
President Donald Trump said Wednesday that he would not impose new tariffs on 8 countries in Europe because they opposed his plan to annex Greenland.
Speaking at the World Economic Forum on Wednesday, Mr. Trump said he raised tariffs on Switzerland last year to among the highest in the world after a phone call with the country’s president.
Trump, in an interview on Fox Business Network from Davos, also acknowledged the impact of his quest for Greenland on global markets and said he did not plan to pay to acquire it. "It's really being negotiated now,