As disappointed liberals tune out the news, some outlets are seeing their ratings plummet in the wake of Donald Trump's victory over Kamala Harris.
Canada and Mexico's currencies also took a hit after Trump threatened 25 percent tariffs on products from those countries entering the U.S.
Concerns are rising that the sweeping tariffs on all foreign imports that President-elect Donald Trump has vowed to impose could cause the prices of groceries to rise.
Texas is quickly becoming the blueprint for how incoming Trump officials expect to work with states on border security – a stark pivot from recent years when it was the epicenter of a bitter feud between state and federal officials.
Across the U.S., Latino immigrants who’ve been in the country a long time felt that asylum-seekers got preferential treatment. “Those of us who have been here for years get nothing,” said one woman from Mexico who has lived in Wisconsin for decades.
In promising 25% tariffs on all goods from Mexico and Canada, Donald Trump has signaled his intention to upend the USMCA and wring concessions on immigration and fentanyl.
"Trump's proposed 60% tariff on all imports from China and 20% on imports from other countries will increase costs for end users up and down the supply chain," Haley said. Though corporations might take some of the hit in reduced profit margins, importers often pass on a portion of these tax costs in the form of higher prices to consumers.
For years, the New York Times and President-elect Donald Trump have feuded. The noted left-wing news publication regularly published news and opinion articles that were hypercritical of Trump, seemingly ever since he entered politics as a presidential candidate.
The president-elect calls it an effort to force them to crack down on illegal immigration and drug smuggling into the US.
Mexico and Canada are the United States’ top two trading partners, accounting for nearly 30% of trade volumes.
The tariffs, if implemented, could dramatically raise prices for American consumers on everything from gas to automobiles to agricultural products.