Latest News Updates From Josh Boak

GovernmentBusiness

Trump Announces 90-Day Negotiating Period With Mexico

Trump said that goods from Mexico imported into the U.S. would continue to face a 25% tariff, and that autos would face a 25% tariff, while copper, aluminum and steel would be taxed at 50%.

July 31, 2025
GovernmentBusiness

Trade Deal With Japan Lowers Threatened Tariff to 15%

The 15% tax on imported Japanese goods is a meaningful drop from the 25% rate that Trump, in a recent letter to Japanese Prime Minister Shigeru Ishiba, said would be levied starting Aug. 1.

July 23, 2025
GovernmentBusiness

Trump to Put Tariffs of Over 10% on Smaller Nations

President Donald Trump told reporters July 15 that he plans to place tariffs of over 10% on smaller countries, including nations in Africa and the Caribbean.

July 16, 2025
GovernmentBusiness

Trump Plans to Hike Tariffs on Canadian Goods to 35%

President Donald Trump said in a letter that he will raise taxes on many imported goods from Canada to 35%, deepening a rift between two North American countries.

July 11, 2025
GovernmentBusinessLogisticsPrivateGlobal Freight

Analysis Shows Trump’s Tariffs Would Cost Employers $82.3B

An analysis finds that a critical group of U.S. employers would face a direct cost of $82.3 billion from President Donald Trump’s current tariff plans.

July 2, 2025
GovernmentBusiness

Trump Threatens 50% Tariff on EU as Trade War Intensifies

President Donald Trump on May 23 threatened a 50% tax on all imports from the European Union as well a 25% tariff on Apple products unless iPhones are made in America.

May 23, 2025
GovernmentBusinessBreaking News

Trump Pauses Tariffs on Most Nations for 90 Days

Facing a global market meltdown, President Donald Trump on April 9 abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%.

April 9, 2025
GovernmentBusiness

Risky ‘Reciprocal’ Tariffs Could Reshape Economy

After weeks of White House hype and public anxiety, President Donald Trump is set April 2 to announce a barrage of self-described reciprocal tariffs on friend and foe alike.

April 2, 2025
GovernmentBusiness

Economist: Tariffs Risk ‘Irreparable Damage’ to US Carmakers

Noted economist Arthur Laffer warns in a new analysis that President Donald Trump’s tariffs could weaken the ability of U.S. automakers to compete with their foreign counterparts.

March 28, 2025
GovernmentBusinessFuel

Trump: Nations That Buy Venezuelan Oil Will Face 25% Tariff

WASHINGTON — President Donald Trump said he would be placing a 25% tariff on all imports from any country that buys oil or gas from Venezuela as well as imposing new tariffs on the country itself.

March 24, 2025