How the U.S. has used tariffs through history — and why Trump is different, economists say
President Donald Trump's use of tariffs in his second term defies many historical norms, say economists and historians.
What the ‘mother of all trade wars' can teach us about U.S. tariffs, according to economists
Here’s how present events are mirroring a key point in U.S. history that led to a trade war and exacerbated the Great Depression, according to economists.
Trump amplifies the transatlantic economic divergence
Donald Trump might have shied away from steep tariffs on Canada and Mexico, but the reprieve was temporary. Whether you believe that tariffs would raise prices or not, why risk it? In Europe, real incomes are rising but the mood is sour.
US Trade Deficit Widens Significantly Ahead of Trump Tariffs
The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.
US trade gap swells as Trump renews scrutiny of deficits
The US trade gap swelled last year to its second-largest on record, government data showed Wednesday, as deficits come under the spotlight with President Donald Trump's return to the White House. The trade deficit in goods also reached a new record for the year,
U.S. trade deficit hits second highest level ever as Trump weighs more tariffs
The trade deficit surged in December and the U.S. finished 2024 with the second largest gap ever, perhaps in part because some businesses sought to bring in more imports before President Trump raised tariffs.
Trump faces moment of reckoning on trade after delaying tariffs
The president will soon have to decide whether to match his trade rhetoric with action or shelve his tariff plans.
Trump’s America First Trade Policy: Tariff Risks Are Rising
Trump's trade policies suggest more duties are on the horizon, and Wall Street's no longer sure of when the risks will end.
Trump's tariff strategy against allies stirs economic backlash
President Trump's tariffs aim to curb immigration and drugs flowing into the U.S., but experts warn of the potential trade fallout.
Tariffs Could Lead to Higher Insurance Prices for U.S. Consumers, Businesses
Americans don’t import insurance from Canada, Mexico or China, but it could nonetheless get more expensive for consumers and ...
Canadian dollar forecasts turn mixed as US tariff threat lingers
The Canadian dollar is set to edge lower over the coming months as the threat of U.S. trade tariffs remains in place despite ...
This firm employs thousands in Canada, the US and Mexico. Here’s what its workers think of Trump’s tariffs
In the hours before Canadian Prime Minister Justin Trudeau announced a 30-day pause on US President Donald Trump’s threatened ...
Trump tariffs 'made something snap in us' - many Canadians see US rift beyond repair
The tariffs and US President Donald Trump's '51st State' comments have made way for a surge of patriotism in Canada.
ArcelorMittal plans no preemptive US steel shipments ahead of tariffs, CFO says
ArcelorMittal , the world's second largest steelmaker, has not increased steel shipments into the United States to get ahead ...
Europe Has a Message for Americans: Tariffs on Us Would Hurt You, Too
Officials have made it clear that with jobs and companies dependent on the relationship between the United States and Europe, ...
China announces counter tariffs on numerous U.S. products with U.S. levies due to take effect
China says it will counter President Trump's tariffs on Chinese products with tariffs of its own on multiple U.S. imports. It ...
Mexican troops arrive at US border to disarm Trump tariff threats
Mexico's president shifted military troops to her country's northern border in a deal with Trump to target drugs, migrants.
China counters with tariffs on US products. It will also investigate Google
China’s State Administration for Market Regulation on Tuesday said it is investigating Google on suspicion of violating ...
Oil down amid rising US crude inventories, China-US tariff war
Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signalled demand weakness ...
Denmark imposing '500% tariffs' on Ozempic exports to US? No, that's satire | Fact check
There is no record of Denmark announcing the tariff on Ozempic exports. The social media user who first shared the claim ...