Trump, tariffs
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Less than 10% of plastics are recycled globally, and glass container recycling is similarly held back by market forces that allow industries to make new glass and plastics at competitive prices.
From USA TODAY
US President Donald Trump reignited market turmoil on Wednesday as punishing tariffs on dozens of countries kicked in, with China set to retaliate after being hit with levies topping 100 percent.
From Daily Journal
In a bitterly divided 5-4 decision, the court said that the migrants, whom the administration has accused of being gang members, must get a chance to challenge their deportation before they are taken...
From Houston Chronicle
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White House Press Secretary Karoline Leavitt is warning countries who retaliate against President Trump's tariffs that he "has a spine of steel and he will not break."
Donald Trump's 20% blanket levy on European Union imports came into force overnight, with the bloc still working on its response to the US president's previous measures. Member states are expected today to adopt the first retaliatory package against American tariffs on steel and aluminum imports.
The European Commission is working on a plan that could be ready as early as next week to counter President Trump’s auto export levies and a 20% tariff on goods from the bloc, a spokesperson said.
Here are the MPs who will grill the prime minister on each topic, and their "home" committee: Keir Starmer will be quizzed by 12 members of the Liaison Committee today – but who are they and what do they do? For each government department there's a select committee of MPs who scrutinise their work.
The European Commission, which coordinates EU trade policy, will propose to members late on Monday a list of U.S. products to hit with extra duties in response to Trump's steel and aluminium tariffs rather than the broader reciprocal levies.
European leaders on Monday floated a 25% tariffs on US goods in response to President Donald Trump's tariffs on certain products like steel and aluminum.
Imported steel and aluminum already subject to a 25% tariff are excluded from President Trump's new levies, providing some relief for metal buyers that would have faced significantly higher prices, but the new tariffs nevertheless will raise the cost of raw materials for steelmakers that operate electric arc furnaces,
European Union ministers broadly agreed on Monday that the bloc should prioritise negotiations to remove tariffs imposed by President Donald Trump over retaliation even as it prepared a first set of targeted countermeasures.
In the hours before fresh tariffs on China went into effect, with imports from the country now carrying a cumulative duty of 104%, the president also touched on what he sees as the country’s attitude to the escalating trade war between Washington and Beijing.
The so-called "magnificent seven" - which is made up of Nvidia, Alphabet, Amazon, Apple, Microsoft, Meta, and Tesla - has accounted for a large chunk of the more than $5tn (£3.9tn) the S&P 500 index has lost in value in recent trading sessions, Reuters news agency reported yesterday.
President Trump says the goal of his tariffs − resuscitating U.S. manufacturing's glory days − will be worth the turmoil. Experts are skeptical.
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