Trump, Tariffs
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PorterYachts teams with the Ben Hotel to offer luxury yacht experiences, with CEO Brian Blouin stating that recent tariffs haven't affected charter business.
President Donald Trump is considering sending rebate checks to Americans using revenue from higher tariffs as he seeks to move on from the firestorm surrounding Jeffrey Epstein. After declaring that “people should really focus on how well the country is doing” rather than his links to the deceased child sex trafficker,
President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday. Sales in North America plunged 16% due primarily to U.S. tariffs, said Volkswagen, which owns a host of brands including Audi, Lamborghini and Porsche.
The Trump administration could send more tariff letters or reach new trade agreements before the start of August, White House Press Secretary Karoline Leavitt said Monday. That's when the pause on Trump's so-called reciprocals tariffs are set to expire.
The Season 27 premiere of the Comedy Central animated series, "South Park", has stirred controversy this week. The episode, which aired on Wednesday, July 23, features Trump crawling into bed with Satan, a reference to the president's recent attacks on the media.
The president imposed tariffs on Japan, one of America’s closest allies, that would have been alarming just months ago. And markets went up.
US President Donald Trump suggested that he would not go below 15% as he sets so-called reciprocal tariff rates ahead of an Aug. 1 deadline, an indication that the floor for the increased levies was rising.