Trump not willing to make a trade deal with China yet
President Donald Trump said the United States has a $1 trillion trade deficit with China. The trade war between the world's two biggest economies got worse on Friday when China imposed a 34% tariff on all U.S. goods.
The history of tariffs and how they work
With stock prices tanking and many expecting a massive economic fallout amid Trump's tariffs, the world is reacting Dr. Dough Downing, an economics professor at Seattle Pacific University, discusses the decades-long history behind tariffs and the impacts they are causing today.
Bipartisan effort to rein in US tariffs
There's now a bipartisan effort on Capitol Hill to rein in Trump's tariffs. A bill has been introduced that would require President Trump to explain the reasoning and impacts of any new tariffs to Congress within 48 hours of going into effect.
World leaders react to US tariffs
The stock market plummeted Thursday morning after President Donald Trump unveiled a wide range of tariffs. While his administration says these new tariffs are the only way to get the economy back on track, some argue they could be the beginning of a global trade war. Looking at the Asian and European markets this morning, they were all in the red as well.
WA dealerships expect to be impacted by auto industry tariffs
President Trump's 25% tariff on imported vehicles and automobile parts is now in effect.
Trump announces tariffs on 'Liberation Day' at The White House: FULL SPEECH
President Donald Trump announced a series of reciprocal tariffs as part of his pledge to free the United States from what he calls years of unfair trade practices.
Elon Musk to leave US government soon: Report
President Donald Trump told his inner circle that Elon Musk will step back from his role in the government in the coming weeks, according to Politico.
WA auto industry prepares for more US tariffs
Investors are bracing for what President Trump is calling "Liberation Day" when new tariffs are expected this Wednesday. There's an expectation that prices will go up, especially on cars. This morning on Good Day Seattle, we sit down with Jim Walen, who owns Seattle Chrysler, Dodge, Ram and Jeep and Seattle Hyundai.
Hyundai to invest $20B in the US to avoid trade war
Hyundai will announce a $20 billion investment in the United States in hopes of avoiding a trade war.
20 billion in lost productivity in US due to March Madness: Survey
There is so much basketball to watch, which may take a big hit on the economy. A survey from the Action Network found the tournament may cost the economy $20 billion in lost productivity.
European Union delays tariff retaliation
The European Union is pulling back on its plans for retaliation against President Trump's tariffs in hopes of warding off a trade war.
How to save your credit score as a student loan borrower
More student loan borrowers are now delinquent on their loans and will start to see the impact on their credit reports. Finance Professor Dan Roccato joins Good Day Seattle on how to save students' credit scores.