For 91.9 KVCR News, I’m Madison Aument. This is Economics I.E. UCLA’s Anderson School of Management released a report last week detailing weaknesses in the U.S. and California economies.
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Eight months into Trump's second term, it's unclear what the larger impact of these tariffs will have on the economy. Despite that, the president keeps promising to roll out new ones.
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President Trump said he will put import taxes of 100% on pharmaceutical drugs, 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture and 25% on heavy trucks starting on Oct. 1.
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India's shrimp exports to the U.S. were once a success story. Now the industry faces ruin amid President Trump's 50% tariff on imports from the country.
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Trump tells NATO members they need to cut off Russia energy purchases before he will take bigger steps to isolate Russia over its war in Ukraine.
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Economics IE
Economics IE is a weekly KVCR radio segment where we talk to economists from the Inland Empire to help take the temperature of the region's economic situation.