Tracking Trump's Tariffs and Turbulent Trade Talks

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Investopedia opinion piece. Take it and anything I post fwiw and dyodd.

There's one thing Trump could do to turbocharge the global economy and crush inflation​

  • President Donald Trump could boost global economic growth by 0.5 percentage points if he negotiated away his "Liberation Day" tariffs by striking free trade deals with other countries, an analysis found.
  • There's no indication that tariffs will suddenly be removed, but the paper highlighted the extreme impact they've had on the global economy.
  • U.S. consumers would see lower inflation in the coming years if the tariffs went away, the analysis found.
President Donald Trump could invigorate the global economy and stamp out inflation quickly. All it would take would be scrapping his signature economic policy.

More:

https://www.msn.com/en-us/money/mar...-crush-inflation/ar-AA1SLHn4?ocid=socialshare
 

Tariffs hit boots, bags and more as leather prices jump — and relief could be years away​

  • Tariffs and supply chain disruptions have pushed leather prices higher in 2025, with boots, handbags and furniture rising, some at near double-digit rates, at retail.
  • Companies like Twisted X, Coach owner Tapestry and Steve Madden are being hit by higher tariffs, freight costs and scarce hides are creating sustained margin pressure.
  • Analysts warn leather goods prices could climb another roughly 22% over the next two years as tariffs, global bottlenecks and a shrinking U.S. cattle herd ripple through supply chains.
Bootmaker Twisted X — known for its Western footwear — was thrown into chaos overnight when President Donald Trump imposed sweeping tariffs on imports in April.

The company turned a conference room at its Decatur, Texas, headquarters into a “tariff war room” as import costs on its finished work boots surged, shipments were paused mid-transit and invoices fluctuated so wildly that staff found themselves recalculating margins by the hour.

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^^^^ I swear Trump could fuck up a wet dream...^^^^
 

Trump's 'Liberation Day' tariffs worked — they liberated Americans from their jobs​

WASHINGTON — President Donald Trump’s vaunted “Liberation Day” tariffs have worked — if liberating Americans from their jobs was the actual goal.

The nation’s manufacturing sector, the very one Trump purportedly wanted to help with his import taxes, has instead been losing jobs every single month since he announced them in April. In all, there are now 67,000 fewer manufacturing jobs than when he imposed tariffs on most imports.

That result is exactly the opposite of what Trump promised and predicted when he announced them on April 2.

“We created 10,000, already in a few weeks, new manufacturing jobs and that took place in one month, numbers that they haven’t seen in a long time,” Trump said, lying, to cheering supporters in what was still the Rose Garden, prior to his having paved it over. “Jobs and factories will come roaring back into our country and you see it happening already.”

More:

https://www.msn.com/en-us/money/mar...-from-their-jobs/ar-AA1T4Aw0?ocid=socialshare
 

Tariff-ravaged farmers exhausted with Trump using them as 'pawns': report​

Donald Trump faces growing fury among farmers who, despite a promised bailout, fear they may face bankruptcy regardless of additional administration assistance.

In interviews with the Washington Post, farmers express quiet frustration over tariffs that have devastated their operations. One farmer who voted for Trump three times acknowledged, "For the most part, farmers — we've been willing to kind of go along. But I don't know about now."

Read the rest:

https://www.msn.com/en-us/news/poli...-as-pawns-report/ar-AA1T4r1v?ocid=socialshare
 
The US Supreme Court scheduled Friday as an opinion day, indicating that date will be the first chance for a ruling on President Donald Trump’s global tariffs.
...
... At issue are Trump’s April 2 “Liberation Day” tariffs, which placed levies of 10-50% on most imports, along with duties imposed on Canada, Mexico and China in the name of addressing fentanyl trafficking.
...
Arguments on Nov. 5 suggested the court was skeptical that Trump had authority to impose the tariffs under a 1977 law that gives the president special powers during emergency situations.
...
Click to expand...

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Supreme Court ruling on the tariff issue today, isn't it? :popcorn:
 

Supreme Court holds off on Trump tariff ruling for now — what’s at stake for economy​

  • The Supreme Court did not rule on the legality of President Donald Trump’s tariffs.
  • Markets are awaiting the decision, which could have far-reaching impacts on trade policy and the U.S. fiscal situation.
  • The court has the option to grant limited powers under the IEEPA and require only limited repayment of tariffs, along with multiple other options.
  • Treasury Secretary Scott Bessen says he expects a “mishmash” ruling.
The Supreme Court did not rule Friday on the legality of broad tariffs imposed by President Donald Trump, leaving markets still awaiting a decision poised to have far-reaching impacts on trade policy and the U.S. fiscal situation.

There had been speculation that the tariff ruling would be issued on Friday, but the Supreme Court released just one opinion for the day, and it was unrelated to tariffs.

It is unclear when the tariff ruling will be released.

More:

 

Trump says any country doing business with Iran will face 25% U.S. tariff​

  • President Donald Trump said any country doing business with Iran will face a 25% tariff “on any and all business being done with the United States of America.”
  • That new tariff on imports from Iran’s trading partners is “effective immediately,” Trump said in a Truth Social post.
President Donald Trump on Monday said any country doing business with Iran will face a 25% tariff “on any and all business being done with the United States of America.”

That new tariff on imports from Iran’s trading partners is “effective immediately,” Trump said in a Truth Social post.

“This Order is final and conclusive. Thank you for your attention to this matter!” he wrote.

More:

 
Here's a question. Does any hard data exist that shows how much money has been collected from the new tariff regime?
 
chieftain said:
Here's a question. Does any hard data exist that shows how much money has been collected from the new tariff regime?
Click to expand...

Yes, hard data on revenue collected from the new U.S. tariff regime (primarily tariffs imposed via executive orders starting in early 2025 under the Trump administration) is available from official and nonpartisan sources, including U.S. Customs and Border Protection (CBP), the Bipartisan Policy Center (BPC), USAFacts, and others. These figures vary based on whether they represent gross or net revenue, fiscal year (FY) vs. calendar year, and exact time periods, but they consistently show a significant increase over prior years due to the expanded tariffs.
Here's a summary of key reported figures:
SourceTime PeriodRevenue AmountNotes
Bipartisan Policy CenterCalendar Year 2025 (Jan-Dec)$289 billion (gross)Includes tariffs and certain excise taxes; far exceeds recent years (e.g., ~$80-100 billion annually pre-2025). Net revenue historically 80-85% of gross. Attributed to broad new tariff increases on major trading partners.
U.S. Customs and Border ProtectionJan 20-Dec 15, 2025>$200 billionDirectly tied to over 40 executive orders implementing new tariffs; represents a record-breaking collection.
USAFacts (via U.S. Treasury data)FY 2025 (Oct 2024-Sep 2025)~$195 billion (implied from comparisons)Cumulative; for context, FY 2024 was $77 billion.
USAFacts (via U.S. Treasury data)FY 2026 (Oct 2025-Nov 2025, cumulative as of Nov)$62.1 billion343% higher than the same period in FY 2025, indicating continued high collections into early 2026.
Peterson Institute for International EconomicsJan-Sep 2025$179 billionEarly data showing revenue buildup from new tariffs.
Yahoo FinanceCalendar Year 2025 (as of Nov)$236.16 billionPartial year figure, with a slight dip in November.
These amounts reflect collections primarily from the new regime, which expanded tariffs beyond pre-2025 levels (e.g., higher rates on China and broad increases on other countries). For breakdowns, BPC data shows duties on Chinese goods as the largest single source, but the majority comes from the rest of the world due to import volumes and widespread rate hikes. Note that full 2026 data isn't yet available as of early January, but early FY 2026 trends suggest sustained high revenue. Projections from groups like the Tax Policy Center estimate ~$247 billion for FY 2026 alone.

Source = Grok
 

China's trade ends 2025 with record $1.2 trillion surplus despite Trump tariff jolt​

BEIJING, Jan 14 (Reuters) - China on Wednesday reported a record trade surplus of nearly $1.2 trillion in 2025, led by booming exports to non-U.S. markets as producers looked to build global scale to fend off sustained pressure from the Trump administration.

A push by policymakers for Chinese firms to diversify beyond the world’s top consumer market by shifting focus to Southeast Asia, Africa and Latin America has cushioned the economy against U.S. tariffs and intensifying trade, technology and geopolitical frictions since President Donald Trump returned to the White House last year.

More:

https://www.msn.com/en-us/news/worl...rump-tariff-jolt/ar-AA1UaE4O?ocid=socialshare
 

Taiwan will invest $250 billion in U.S. chipmaking under new trade deal​

  • The U.S. and Taiwan have reached a trade agreement to build chips and chip factories on American soil.
  • Taiwanese chip and technology companies will invest at least $250 billion in production capacity in the U.S.
  • The U.S. will limit “reciprocal” tariffs on Taiwan to 15%, and commit to no reciprocal tariffs on generic pharmaceuticals, their ingredients, aircraft components and some natural resources.
The U.S. and Taiwan have reached a trade agreement to build chips and chip factories on American soil, the Department of Commerce announced Thursday.

As part of the agreement, Taiwanese chip and technology companies will invest at least $250 billion in production capacity in the U.S., and the Taiwanese government will guarantee $250 billion in credit for these companies.

In exchange, the U.S. will limit “reciprocal” tariffs on Taiwan to 15%, down from 20%, and commit to zero reciprocal tariffs on generic pharmaceuticals, their ingredients, aircraft components and some natural resources.

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^^^^ amazing what a little bargaining leverage can do, huh @searcher ?


This it what the tariffs are for. He's trying to help your nation not continue to have it's good jobs siphoned off, like all the past potus's and congresses in our lifetime have been making happen.
 

Trump: NATO members to face tariffs increasing to 25% until a Greenland purchase deal is struck​

  • President Donald Trump said eight NATO members’ U.S. imports will face escalating tariffs “until such time as a Deal is reached for the Complete and Total purchase of Greenland.”
  • The tariffs will start at 10% on Feb. 1 and shoot up to 25% on June 1, Trump said.
  • The tariffs target Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland, Trump wrote on Truth Social.
Eight NATO members’ goods sent to the U.S. will face escalating tariffs “until such time as a Deal is reached for the Complete and Total purchase of Greenland,” President Donald Trump announced Saturday.

The tariffs targeting Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland will start at 10% on Feb. 1, Trump wrote in a Truth Social post.

The tariffs will shoot up to 25% on June 1, the president said.

More:

 
They all should break relations with Israel until Israel gets its orange monkey back in its cage...
 
Did my post get lost? Oh, well. I don't think a tariff on European products will affect me in pennies or nickels. What do IO buy that comes from Europe?
Tick, tock. Tick, tock. Maybe a few MCU's from the STM32Fxx family? I don't care anymore, as the CH32V003 and variants are better choices.
What else comes from Europe? Cars? I have no intention of buying any car from any European country. I had an Opel GT, and that was enough.
Why would anyone buy a Volvo, a Saab, a new Mercedes, or a shitty BMW?

What is left? I guess I will pay the extra fee on olives and olive oil. Is there anything else that is decent from Europe?
 
Someone_else said:
What is left? I guess I will pay the extra fee on olives and olive oil. Is there anything else that is decent from Europe?
Click to expand...
Well, there is that fancy Italian pasta I like.

It might go up by a whole two bits per pound, so there's that.
 
Trump posted on TruthSocial that the tariffs would apply to all goods. If he tariffs gold and silver from the UK and Switzerland, the LBMA is going to implode.
 
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