2025-02-28
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President Trump plans another 10% tariff on products from China.
Plus, Americans have to pay their federal student loans.
Again, not doing it comes with consequences.
This can have ripple effects throughout the economy.
It puts things like homeownership at risk or getting a new car further out of reach for late payers.
And so folks who are in this position told me that this just kind of felt like a nail in the coffin.
And for some US Companies, a strong dollar is kind of a nuisance.
It's Thursday, February 27th.
I'm Alex Osolo for the Wall Street Journal.
This is the PM edition of what's News, the top headlines and business stories.
That move the President Trump has announced an additional 10% tariff on imports from.
China over its role in the fentanyl trade.
The move doubles up on the previous 10% of additional tariffs the president placed
on Chinese products earlier this month.
The new tariffs are set to go into effect on Tuesday.
In a post today on his Truth Social platform, Trump also reinforced his threat.
To impose 25% tariffs on products from Canada and Mexico,