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How Trump’s tariff policy could impact your finances

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www.youtube.com – THV11 – 2025-02-03 18:22:59

SUMMARY: The potential tariffs proposed by President Trump could significantly impact consumers in Arkansas, leading to higher prices on goods like groceries and gas. This round of tariffs is unique as it’s aimed at entire nations rather than specific commodities. UA Little Rock Chief Economist Michael Paco notes that the average American household might face an increase of over $2,600 annually due to these tariffs. The implications extend beyond consumers, potentially causing lower prices for foreign producers, job losses, and overall economic strain. Projections suggest a billion-dollar annual increase in tariffs over the next decade, affecting both government revenues and consumer resources.

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Experts in Arkansas are giving advice on what people should expect as a result of the new tariff policy changes.

https://www.thv11.com/article/news/local/how-trump-tariff-policy-impact-arkansas/91-5cb15e67-836c-4476-9087-71b667cb59a2

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News from the South - Arkansas News Feed

Trump administration meets with various world leaders

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www.youtube.com – THV11 – 2025-02-14 18:45:30

SUMMARY: Vice President JD Vance met Ukrainian President Volodymyr Zelensky at the Munich Security Conference to discuss President Trump’s proposal for peace in the Ukraine-Russia war. Vance emphasized the need for discussions to bring the conflict to a close. Zelensky reported a productive meeting and expressed the desire for security guarantees alongside peace. Trump’s administration suggests that Ukraine may need to concede territory to achieve a resolution. Back in the U.S., Trump signed executive orders targeting COVID-19 vaccine funding for schools and began layoffs of federal workers amidst ongoing legislative actions. He also faced questions about accountability for the war.

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President Trump had Vice President JD Vance meet with Ukrainian President Volodomyr Zelenskyy on Friday during a conference in Germany.

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News from the South - Arkansas News Feed

I-30 widening project in final stretch | Driving You Crazy

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www.youtube.com – THV11 – 2025-02-14 06:58:32

SUMMARY: After five years of construction, the widening project on Interstate 30 in Saline County is nearly complete, with 97% finished. The long wait has caused frustrations for drivers and contractors due to delays and traffic backups. Dave Parker, a spokesperson for the Arkansas Department of Transportation, acknowledged these challenges but shared optimism about improved traffic flow, thanks to the addition of three new lanes and new pavement for a total cost of $22 million. Minor finishing touches remain, such as grass planting, without impacting traffic further. Overall, many drivers are relieved and celebrating this progress.

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After five years of construction, the widening project on I-30 in Saline County is almost finished— and ARDOT says this final stretch won’t impact drivers.

https://www.thv11.com/article/news/local/i-30-widening-project-saline-county-progress/91-b27f9360-e61d-47f6-9b59-4114425dc9da

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News from the South - Arkansas News Feed

Robert F. Kennedy Jr. sworn in as Trump's health secretary after a close Senate vote

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www.youtube.com – THV11 – 2025-02-13 18:49:48

SUMMARY: President Trump signed new executive orders, including sweeping reciprocal tariffs on U.S. trade partners, aiming to match their tariffs on American imports, raising concerns about a potential global trade war and inflation. The announcement preceded a White House meeting with India’s Prime Minister, as India charges high tariffs. Trump also discussed negotiating an end to the Ukraine war, trusting Russian President Putin to facilitate peace, even as Ukraine insists on being involved in talks. Additionally, Robert F. Kennedy Jr. was confirmed as the head of Health and Human Services despite controversy over his vaccine stance, with Trump supporting his appointment.

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Republicans fell in line behind Trump despite hesitancy over RFK Jr.’s views on vaccines. Sen. Mitch McConnell was the only “no” vote among Republicans.

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