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Trump threatens retaliatory 200% tariff on European wine after EU proposes American whiskey tax

Trump threatens retaliatory 200% tariff on European wine after EU proposes American whiskey tax

Mar 13, 2025 | 1:01pm
WASHINGTON (AP) — American retailers say President Donald Trump’s threatened 200% tariff on European wine would harm consumers. Holly Seidewand owns First Fill Spirits in New York state and says a tariff war hurts importers, distributors and retailers but “consumers will bear the brunt of it.” Ronnie Sanders is CEO of Vine Street Imports in New Jersey and says customers aren’t prepared to pay two or three times more for their favorite wine. Trump on Thursday called the EU among “the most hostile and abusive taxing and tariffing authorities.” Because of the Republican president’s threat, a previously untariffed $15 bottle of Italian Prosecco could cost $45. The European Commission says Europe wants to “negotiate to avoid tariffs.”
Trump says 25% tariffs on Mexican and Canadian imports will start Tuesday, with ‘no room’ for delay

Trump says 25% tariffs on Mexican and Canadian imports will start Tuesday, with ‘no room’ for delay

Mar 3, 2025 | 4:09pm
WASHINGTON (AP) — President Donald Trump says 25% tariffs on imports from Mexico and Canada will start Tuesday, sparking renewed fears of a North American trade war. He announced the coming tariffs at the White House on Monday. He says the tariffs are to force the two U.S. neighbors to step up their fight against fentanyl trafficking into the U.S. Trump provided a one-month delay in February as both countries promised concessions. But Trump said Monday that there was “no room left for Mexico or for Canada” to avoid the steep new tariffs. U.S. stock markets moved sharply lower after Trump’s comments. Trump said he would also add on another 10% tariff on goods from China, on top of the initial 10% he put in place last month.
Egg prices could jump another 41% this year, USDA says, as Trump’s bird flu plan unveiled

Egg prices could jump another 41% this year, USDA says, as Trump’s bird flu plan unveiled

Feb 26, 2025 | 2:53pm
WASHINGTON (AP) — The Trump administration believes a renewed emphasis on biosecurity can help in the battle against bird flu and ease egg prices, but the Agriculture Department predicts the current record prices are going to get much worse this year. It’s also not clear how much more farmers can do to keep the virus out. Agriculture Secretary Brooke Rollins offered the first new details about her bird flu plan Wednesday. But USDA predicted this week that egg prices will soar more than 41 percent this year on top of the record average price of $4.95 per dozen.
As egg prices soar, Trump administration plans new strategy to fight bird flu

As egg prices soar, Trump administration plans new strategy to fight bird flu

Feb 18, 2025 | 5:42pm
MINNEAPOLIS (AP) — With egg prices soaring, the Trump administration is planning a new strategy for fighting bird flu that stresses vaccinations and tighter biosecurity instead of killing off millions of chickens when the disease strikes a flock. The director of the National Economic Council said on CBS’ “Face the Nation” that officials are moving away from the standard practice of destroying all the birds on a farm when an infection is detected. The culling of millions of chickens per month has caused egg prices to skyrocket. Some retailers are rationing sales. The official, Kevin Hassett, says the administration plans to announce further details this week.
Trump signs a plan for reciprocal tariffs on US trading partners, ushering in economic uncertainty

Trump signs a plan for reciprocal tariffs on US trading partners, ushering in economic uncertainty

Feb 13, 2025 | 10:22pm
WASHINGTON (AP) — President Donald Trump has rolled out his plan to increase U.S. tariffs to match the tax rates that other countries charge on imports. The Republican is possibly triggering a broader economic confrontation with allies and rivals alike as he hopes to eliminate any trade imbalances. Trump said Thursday: “I’ve decided for purposes of fairness that I will charge a reciprocal tariff.’ The prospect of a dramatic hike on tariffs could send shockwaves through the world economy, possibly depressing growth while also causing inflation to intensify. Most economists say the tariffs would effectively be a tax increase on U.S. consumers. Trump says he’s decided “for purposes of fairness” that he’ll charge reciprocal tariffs.
Brooke Rollins confirmed as Trump’s agriculture secretary as tariff fights loom

Brooke Rollins confirmed as Trump’s agriculture secretary as tariff fights loom

Feb 13, 2025 | 4:24pm
WASHINGTON (AP) — Brooke Rollins has been confirmed as secretary of agriculture. The Senate confirmed Rollins in a vote Thursday, placing a close ally of President Donald Trump into a key Cabinet position at a time when mass deportation plans could lead to farm labor shortages and tariffs could hit agricultural exports. Rollins acknowledged that Trump’s plans for the mass deportation of people in the country illegally could led to labor shortages on arms. But Rollins said Americans support Trump’s plans and she would work to help the president while also trying to protect farmers. Rollins also promised to “modernize” USDA in line with Trump’s vision for the department.
Could Canada really become the 51st US state? Here’s what it would take

Could Canada really become the 51st US state? Here’s what it would take

Feb 13, 2025 | 9:45am
WASHINGTON (AP) — President Donald Trump has repeatedly said Canada should be the 51st U.S. state, erasing the 5,525-mile border the nations share and alleviating the need for tariffs he’s threatened against one of America’s top allies. Adding a new state usually requires an act of Congress, which means clearing the Senate’s 60-vote support bar. The U.S. hasn’t added a state since Hawaii in 1959. Adding Canada would dramatically reshape presidential elections since it would instantly become the largest U.S. state. Plus, it’s not even clear if Canada would want to become a U.S. state, though technically it would be possible without its buy-in.
US eggs prices hit a record high of $4.95 and are likely to keep climbing

US eggs prices hit a record high of $4.95 and are likely to keep climbing

Feb 12, 2025 | 2:11pm
OMAHA, Neb. (AP) — Egg prices have reached a record high in the U.S. The consumer price index released on Wednesday confirmed what consumers, bakers and food companies already knew: an ongoing bird flu outbreak that began in 2022 are making eggs terribly expensive right now. The average price of a dozen Grade A eggs in U.S. cities reached $4.95 in January, eclipsing the previous record of $4.82 set in January 2023. Of course, that is only the nationwide average. A carton of eggs can cost $10 or more in some places. And specialized varieties, such as organic and cage-free eggs, are even more expensive.
Senate confirms Gabbard as Trump’s director of national intelligence after Republicans fall in line

Senate confirms Gabbard as Trump’s director of national intelligence after Republicans fall in line

Feb 12, 2025 | 1:28pm
WASHINGTON (AP) — The Senate has confirmed Tulsi Gabbard as President Donald Trump’s director of national intelligence. The vote Wednesday came after Republicans who had initially questioned her experience and judgment fell in line behind her nomination. Gabbard was an unconventional pick to oversee and coordinate the country’s 18 different intelligence agencies. She had made past comments sympathetic to Russia, she once met with now-deposed Syrian President Bashar Assad and had expressed previous support for government leaker Edward Snowden. Gabbard is a military veteran and a former Democratic congresswoman from Hawaii. She has no formal intelligence experience and has never run a government agency or department.
Trump agrees to pause tariffs on Mexico, but import taxes still in place for Canada and China

Trump agrees to pause tariffs on Mexico, but import taxes still in place for Canada and China

Feb 3, 2025 | 11:09am
WASHINGTON (AP) — Mexican President Claudia Sheinbaum said Monday that after a conversation with U.S. President Donald Trump that the planned tariffs are on hold for a month, a statement confirmed by the White House. Sheinbaum says on X, “Mexico will reinforce the northern border with 10,000 members of the National Guard immediately, to stop drug trafficking from Mexico to the United States, in particular fentanyl.” She says the U.S. committed to stopping high powered weapons from reaching Mexico. The pause added to the drama as Trump’s tariffs against Canada and China are still slated to go into effect on Tuesday.