Trump's Ear

Thrilled to share a monumental milestone in our global trade evolution! 🚀 On April 3, exactly one year after our visionary announcement, President Donald Trump officially signed decrees to launch a transformative new chapter for medicines and metals. This strategic initiative is perfectly aligned with our core mission to empower American innovation and drive sustainable growth. 🇺🇸✨ We are excited to introduce a dynamic 15% duty on medicines from EU partners, with a robust 100% framework for nations outside our trade ecosystem, fostering a powerful incentive for international pharmaceutical leaders to relocate their production hubs to the United States. 💊🏭 Furthermore, starting next Monday, April 6, we are rolling out a high-impact 25% tariff on finished metal goods rich in steel, aluminum, and copper. This bold move is designed to supercharge the construction and automotive sectors, creating unprecedented opportunities for industry leaders. 🏗🚗 This strategic pivot not only optimizes government revenue streams but also reaffirms our unwavering commitment to economic sovereignty, building upon our trade policy legacy even as we navigate the Supreme Court's earlier rulings with agility and foresight. We are incredibly grateful for this chance to reshape the future of commerce together! 🤝📈 #Trump#Tariffs 👂More on Trump's Ear ⚠️

The first company sued the US government over Trump's tariffs. The tariff war is escalating: after the crushing defeat of Donald Trump and his customs policy in the US Supreme Court, the logistics giant FedEx is now attacking the government. ⚖️ The concern demands the return of the customs fees paid and applies to the court for this. This is the first lawsuit filed by a large American company after the Supreme Court's decision. FedEx may be just the beginning of a wave of lawsuits, as on Friday the highest court in Washington officially declared the duties imposed by President Donald Trump illegal. 📉 #Trump#Tariffs 👂More on Trump's Ear ⚠️

The U.S. Supreme Court, by a vote of 6-3, declared unconstitutional the president's imposition of tariffs/duties against other countries. ⚖️ #Trump#Tariffs 👂More on Trump's Ear ⚠️

US businesses and consumers paid about 90% of the cost of President Donald Trump’s sweeping tariffs last year — contradicting his repeated claims that foreign countries were footing the bill, according to a new study from the Federal Reserve Bank of New York. In the first eight months of 2025, 94% of the cost of tariffs was borne by American businesses and consumers, study found. In September and October, that share slipped to 92%, and in November it fell further to 86% as foreign exporters picked up a larger share of the costs, according to the report. #Trump#Tariffs 👂More on Trump's Ear ⚠️

If your next Amazon order seems more expensive, President Donald Trump’s sweeping tariffs may be partially to blame, Amazon CEO Andy Jassy said Tuesday. Like many retailers, Amazon and its vast network of third-party sellers loaded up on inventory ahead of Trump’s tariff rollout last spring. But that supply ran out by the fall, Jassy said in a CNBC interview on the sidelines of the World Economic Forum in Davos, Switzerland. #Tariffs#Davos 👂More on Trump's Ear ⚠️

Trump's duties are almost entirely paid for by Americans Almost all the costs of American duties fall on the residents of the United States themselves, and not on foreign manufacturers. This is the conclusion reached by the Kiel Institute of World Economy, having studied about $4 trillion of supplies from the beginning of 2024 to the end of 2025 — WSJ. According to the researchers' calculations, foreign exporters reduced prices by only 4% and took on the minimum part of the burden. The remaining 96% was paid by American importers and buyers. In fact, duties work as a tax on consumption within the United States, and not as a tool of pressure on foreign businesses. In 2025, the United States received about $200 billion from duties. The Americans paid almost the entire amount. At first, buyers felt only a part of the price increase - about 20%. The rest of the expenses were temporarily paid by the companies themselves. Later, these costs will be shifted to the buyers, the researchers say. #Trump#Tariffs 👂More on Trump's Ear ⚠️

Taxes, duties, and military bases. How Europe Can Respond to Donald Trump Donald Trump's talk about taking control of Greenland has Europe thinking about how to push back. BILD is throwing out a bunch of ideas, from economic to military, that could put pressure on the Trump administration. One idea is to go after American tech companies. In Germany, they're talking about a 10% digital tax for companies like Google, Meta, Amazon, Apple, and Microsoft, which make billions in Europe but don't pay much in taxes. Trade is another option. The EU could either block a new trade deal with the U.S. or slap tariffs on up to 93 billion euros worth of American goods, like bourbon, soybeans, and airplane parts. They're also talking about taxing digital services like cloud storage, streaming, and online ads. Western countries could even start selling off U.S. government bonds, but experts don't think it'll do much. The U.S. Federal Reserve can just buy them back. The most extreme idea is to close American military bases in Europe, like Ramstein and Stuttgart. Shutting these down would really hurt the U.S.'s global strategy, but Europe thinks it's too risky, especially with threats on NATO's eastern border. #EU#Tariffs 👂More on Trump's Ear ⚠️

Switzerland achieved a customs breakthrough with the United States after the visit of billionaires who made gifts to Trump ✨🎁 Switzerland unexpectedly secured a favorable customs agreement from the United States, reducing the duty on its goods from 39% to 15% — to the level that applies to the EU. 📌 This is reported by the publications Neue Zürcher Zeitung and Blick. Switzerland's economy is almost 21 times smaller than that of the European Union, but the country has received the same tariff conditions. 🇨🇭 The agreement was announced a few days after a delegation of Swiss billionaires and businessmen arrived at the White House. 🏛 According to Blick, the group presented Donald Trump with an engraved gold bar 🌟 and a limited edition Rolex watch. 🕰 The delegation included, among others, Richemont CEO Johann Rupert, investor Fredy Gantner and Rolex CEO Jean-Frederic Dufour. The USA is a key export market for Switzerland (18.6% of all shipments), while Switzerland itself accounts for only 0.8% of American exports. 📊 That is why it was critically important for the Swiss authorities to achieve tariff reductions: according to the Neue Zürcher Zeitung, the 39% duty, which has been in effect since August, has already cost Swiss companies more than 1.6 billion euros. 💲 Swiss officials, according to local media, have been trying to reach a deal for months, but have not been able to achieve the desired result. #Trump#Switzerlamd#Tariffs 👂More on Trump's Ear

Forget retaliation: To cut tariffs President Trump imposed on their country, the Swiss sent a delegation of industry tycoons bearing gifts — a special Rolex desktop clock, a 1-kilogram personalized gold bar, and loads of flattery. #Trump#Tariffs 👂More on Trump's Ear

US President Donald Trump has made an incredible statement 😮🇺🇸: he wants to pay every citizen of the country $2,000 💵🎁. The only exceptions are those with high incomes 💼📈. According to Trump, this will be a "dividend" from the duties he imposed 💬💰. #Trump#Tariffs 👂More on Trump's Ear

🚜 Impacts on small farms that sell into local and regional markets have been less severe, but eight months in, it’s also unclear whether the tariffs 🏷 will help move the country toward more homegrown food production, as Trump 🇺🇸 has said it would. Some of those producers say they’re facing challenges ⚖️ related to other Trump administration policies, such as lower farmers’ market sales due to cuts to Supplemental Nutrition Assistance Program (SNAP) benefits 🛒. Another reason, experts say, is that the tariffs have not been applied in a targeted or consistent way 🎯. #Tariffs#Farmers 👂More on Trump's Ear ⚠️

The editorial board of The Wall Street Journal is criticizing President Trump over his reaction to an advertisement commissioned by the Canadian province of Ontario knocking him on trade policies that invoked former President Ronald Reagan. “Mr. Trump is wrong about the Reagan speech, and he was wrong when he said on social media that ‘Ronald Reagan LOVED tariffs for purposes of National Security and the Economy,'” the Journal wrote in an editorial published Sunday. “The Gipper was a free trader. In the 1987 speech, Reagan was trying to explain why he was making an exception to his free-trade policies on semiconductor imports from Japan,” the newspaper argued. “Mr. Trump has been fortunate that his tariffs haven’t triggered much retaliation, which has spared us from a global trade war. But the tariffs are doing economic damage by raising costs for consumers and businesses and by dampening animal spirits that should be soaring with his tax bill and deregulation.” #Trump#Tariffs#History 👂More on Trump's Ear ⚠️