tariffs

Billions of dollars of goods are imported into South Florida each year but will not face President Donald Trump's new tariffs thanks to foreign trade zones.

On The Florida Roundup, host Tom Hudson spoke with state Rep. Tom Fabricio and call-in listeners about competing tax and budget proposals.

President Trump paused most of his global reciprocal tariffs until July. Florida's economy is dominated by consumers — residents and tourists. The threat of tariffs comes as consumer anxiety has increased.

City Furniture is one of the largest importers using PortMiami, bringing in patio chairs, rugs and tables from Asia. It hopes to ‘spread out’ its higher costs to shoppers, but its CEO doesn’t expect President Trump’s tariffs to ignite a renaissance of furniture manufacturing in the U.S.

Except for Guyana — which got hit with a 38% duty — Latin America and the Caribbean were relatively unscathed by President Trump's global tariff hikes. Still, experts see significant effects there and here, especially in South Florida tourism.

President Donald Trump says he will place a 25% tariff on all imports from any country that buys oil or gas from Venezuela. He says he'll also place new tariffs on Venezuela itself.

Trump’s campaign promises included adding a 10% to 20% tariff on all nondomestic goods sold in America, a 60% tariff on goods from China and reciprocal tariffs on nations that impose tariffs on the U.S. Then, on Nov. 25, Trump promised new 25% tariffs on goods from Mexico and Canada.

The House of Representatives overwhelmingly passed a bill suspending normal trade relations with the countries, another move to squeeze them economically in retaliation for the invasion of Ukraine.

A yellow line on the floor in one of Andres Ochoa's warehouses is the difference between struggling with higher costs and competing for new customers.The…

Some worry a trade war is hurting the global economy. The yield on the benchmark 10-year Treasury note fell below that for two-year Treasurys — a phenomenon that strongly predicts a recession.

Mexican officials have "agreed to take strong measures to stem the tide of Migration" as part of the agreement, the president tweeted on Friday. The tariffs were to begin on Monday.

The president said at a press conference with British Prime Minister Theresa May that new economic restrictions would begin to bite, possibly even during negotiations between the two sides.