Tag Archives: trade policy
Sacramento Bee: Trump’s Tariff Proposal Suffers Blow from Congress
President Donald Trump has proposed using tariff revenue to fund military pay, provide aid to farmers, and support food assistance programs. Democrats have warned the approach may exceed his constitutional spending powers, raising legal concerns. Despite the pushback, the administration has continued exploring options for implementing the plan.
Trump said, “We’re going to take some of that tariff money that we made, we’re going to give it to our farmers, who are, for a little while, going to be hurt until the tariffs kick in to their benefit.” He added, “So we’re going to make sure that our farmers are in great shape, because we’re taking in a lot of money.”
Bipartisan lawmakers have noted that tariff revenue must go to the Treasury and can only be spent with Congress’s approval. U.S. Trade Representative Jamieson Greer noted the executive branch cannot directly allocate these funds.
Slingshot News: ‘Talk About How Biden Let Us Down’: Trump Scrambles, Orders Cabinet Member To Somehow Blame Biden When Pressed On His Tariffs Destroying Farmers
During a cabinet meeting earlier this month, Donald Trump scrambled for a way out when a reporter pressed him on the soybean farmers who are currently suffering because of his tariffs. Trump ordered Agriculture Secretary Brooke Rollins to somehow blame it all on former President Joe Biden.
Reuters: Trump imposing new 25% tariff on large trucks starting Nov. 1
- Trump says tariff aims to protect U.S. truck manufacturers from foreign competition
- U.S. Chamber of Commerce opposes tariffs, citing allies as top import sources
- Mexico largest exporter of medium- and heavy-duty trucks to U.S
India Today: Trade War Erupts: Trump Slaps Massive 100% ‘Punishment’ Tariff On All Chinese Goods [Video]
This special report focuses on the escalating trade war between the United States and China, with former US President Donald Trump announcing a significant tariff hike on Chinese goods. According to reports cited in the bulletin, Donald Trump stated that ‘this 100% tariff will be applied on Chinese goods from the 1st of November’. This move comes as existing tariff relief measures are set to expire. The discussion, featuring insights from correspondent Pranay, explores the potential impact on both the US and Chinese economies, as well as global supply chains. The tariffs are seen as a pressure tactic by Trump ahead of potential meetings with Chinese President Xi Jinping at the APEC and ASEAN summits, and are linked to China’s control over the export of crucial rare earth minerals.
Money Talks News: Trump China Tariffs Threaten Major US Supply Chain Disruption [Video]
Trump’s 145% tariffs on Chinese goods have caused cargo shipments to plummet by up to 60%. Major retailers warn of empty shelves and higher prices as the critical inventory-building period for holiday shopping approaches.
CNBC: Most Trump tariffs ruled illegal in blow to White House trade policy
- A federal appeals court ruled that most of President Donald Trump’s global tariffs are illegal, striking a massive blow to the core of his aggressive trade policy.
- Trump is all but certain to appeal the ruling to the Supreme Court.
A federal appeals court ruled Friday that most of President Donald Trump‘s global tariffs are illegal, striking a massive blow to the core of his aggressive trade policy.
The U.S. Court of Appeals for the Federal Circuit in a 7-4 ruling held that the law Trump invoked when he granted his most expansive tariffs does not actually grant him the power to impose those levies.
Trump is all but certain to appeal the ruling to the Supreme Court. The appellate court paused its ruling from taking effect until Oct. 14, in order to give the Trump administration time to ask the Supreme Court to take up the case.
The White House did not immediately respond to CNBC’s request for comment on Friday’s ruling, which is the second straight loss for Trump in the make-or-break case.
The Trump administration has argued that the International Emergency Economic Powers Act, or IEEPA, empowers the president to effectively impose country-specific tariffs at any level if he deems them necessary to address a national emergency.
The U.S. Court of International Trade in late May rejected that stance and struck down Trump’s IEEPA-based tariffs, including his worldwide “reciprocal” tariffs unveiled in early April. But the Federal Circuit quickly paused that ruling while Trump’s appeal played out.

https://www.cnbc.com/2025/08/29/trump-trade-tariffs-appeals-court-ieepa.html