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.
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.
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.
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’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.
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
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: How they work, who pays for them and why Trump loves them
President Donald Trump in his inaugural speech credited President William McKinley for making the United States “very rich” ...
Using Tariffs to Try to Turn Canada into American State Backfired in the Past
Instead of compelling Canada to become an American state, the 1890 McKinley Tariff drove Canada into British hands.
Trump is leveraging tariffs. Is he ready for potential fallout? Are consumers? Here’s what to know
Here are some things to know about Trump’s actions, the counters from U.S. trading partners and what it means for American ...
China's retaliatory tariffs on crude likely to push US exports lower in 2025
China's retaliatory tariffs on the United States may cause U.S. oil exports to decline in 2025 for the first time since the ...
Wilson Center42m
What is Happening with US Tariffs
The United States will work on preventing the trafficking of firearms into Mexico. Both countries will begin bilateral discussions on security and trade. The implementation of tariffs will be paused ...
Small-Business Owners Say Tariffs Will Squeeze Them, and Their Customers
Consumer electronics, electrical equipment, and textiles and apparel are among the top categories of goods imported into the ...
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 ...
Mexican border cities are in limbo as tariff threats spark fears of a recession
President Donald Trump’s threats to impose 25% tariffs on Mexico and Canada have left many cities along Mexico's northern border in limbo.
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, ...
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 ...
Trump tariff threats hang over Italian fashion industry as a luxury slowdown hits
Italian Fashion Chamber President says if USA penalizes the fashion industry, “it is a pretty hostile declaration.” ...
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 ...