President Donald Trump, in a social media post, said he will impose 10% tariffs on Denmark, Norway, Sweden, France, Germany, the U.K. the Netherlands and Finland starting Feb. 1, rising to 25% on June 1. He said the tariff will remain "until such time as a Deal is reached for the Complete and Total purchase of Greenland. The United States has been trying to do this transaction for over 150 years. Many Presidents have tried, and for good reason, but Denmark has always refused. Now, because of The Golden Dome, and Modern Day Weapons Systems, both Offensive and Defensive, the need to ACQUIRE is especially important."
Social Media
Social media platforms are facing intense scrutiny over how they collect, share and monetize user data. As new state and federal laws focus on age verification, parental controls and transparency requirements, social media companies face legal risks around algorithmic targeting, third-party tracking and children's safety. This page follows key legislation, investigations and lawsuits shaping privacy practices for major social platforms.
President Donald Trump repeated his support for Iranian protesters to an audience in Detroit, saying, "You saw that I put tariffs on anybody doing business with Iran. Just went into effect today."
President Donald Trump said on social media Jan. 12 that he will, “[e]ffective immediately,” impose a 25% tariff on “any Country doing business” with Iran. The tariffs will cover “any and all business being done with the United States of America,” he said.
President Donald Trump, in a lengthy pep-talk to House Republicans about how to win the midterms, said that his threats of tariffs caused drug companies to lower prices in the U.S., as European countries agreed to pay more for the same medicines.
House Minority Leader Hakeem Jeffries, D-N.Y., announced Jan. 5 that he has appointed Rep. Ro Khanna, D-Calif., to replace Rep. Raja Krishnamoorthi, D-Ill., as ranking member of the House Select Committee on China.
The White House issued a fact sheet Nov. 14 confirming a trade deal with Switzerland that sets a "cumulative reciprocal tariff rate of no higher than 15%" for Switzerland, giving it the "same treatment given to the European Union."
Over the weekend, President Donald Trump promised to give dividends of $2,000 to Americans from the revenues collected from his tariff policy.
After a visit from five Central Asian presidents, President Donald Trump posted on social media that Uzbekistan will do a combination of purchases of U.S. exports and investments in the U.S. worth almost $35 billion over the next three years. He said these purchases and investments would be in critical minerals, aviation, auto parts, energy and chemicals, infrastructure, agriculture and information technology.
President Donald Trump won't attend the oral arguments at the Supreme Court over the legality of his use of the International Emergency Economic Powers Act to levy tariffs on countries around the world, he announced Nov. 2.
In a hearing on the nominations for the chief agricultural negotiator and the deputy U.S. trade representative responsible for Africa, the Western Hemisphere and Europe, senators from both parties criticized the decision to import Argentinian beef and complained about foreign non-tariff barriers in agriculture.