How the U.S. has used tariffs throughout 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.
US tariffs: how Trump’s tax is hitting Big Tech and beyond
President Donald Trump’s sweeping tariff threats have been touch and go. As it stands currently, the 25 percent tax on goods from Mexico and Canada is on ice for a month, but a 10 percent tariff on Chinese goods is set to take effect on Tuesday, via an executive order of questionable legality.
Should bond investors beware Trump tariffs? How proposed tariffs could hit bonds
The bond market has already begun pricing in the potential for higher interest rates. Even the day after Trump’s election victory, rates spiked on higher inflation expectations. Yet this expectation conflicts with that of other investors who are expecting the Fed to cut rates this year.
China counters Trump tariffs with taxes on US goods
China is imposing tariffs on U.S. goods following President Trump's decision to enact a 10% tariff on imported Chinese products.
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 China tariffs could drive up these prices
Smartphones, sneakers and board games headline a wide-ranging set of products at risk of price increases as a result of China tariffs imposed by the Trump administration, experts told ABC News. The tariffs,
Trump's tariffs could cost WA billions of dollars
As President Trump puts a temporary pause on tariffs, economists are beginning to calculate the potential fallout from the trade disruptions on a state-by-state basis.
Trump’s tariff tactics carry higher economic risks than during his first term
When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and import taxes on U.S. trading partners created chaos, generated drama -- and drew criticism from mainstream economists who favor free trade.
Video: Could Trump’s tariffs upend the world’s economic order? | Counting the Cost
Could Trump’s tariffs upend the world’s economic order? | Counting the Cost United States President Donald Trump has delayed imposing tariffs on his closest trading allies for a month after Canada and Mexico gave him guarantees on border security and fentanyl trafficking.
What are tariffs? Here's what to know about the import duties.
President Trump, an avowed fan of tariffs, authorized a wave of new import duties Saturday on America's three closest trading ...
Tariff Uncertainty Taxes the Auto Industry
For some in the car industry, the uncertainty surrounding a US-border trade war is almost worse than the tariffs themselves.
How Tariffs Are Used to Protect Domestic Industries
One reason governments use tariffs is to protect domestic industries. However, tariffs can have downsides, including reducing the purchasing power of consumers.
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What are tariffs, and how do they affect you?
A tariff is a tax on imported goods usually aimed at protecting local jobs and industries from foreign competition. The idea is that if foreign materials and products are more expensive ...
Do you know what tariffs are? How Trump tariffs will impact you
President Donald Trump’s tariff plan could take effect as early as this week, which means you could soon pay more for cars, ...
Trump’s new 10% tariffs on China take effect — Beijing responds with retaliatory taxes on US imports
The 10% additional tariff on imported Chinese goods came into force at 12:01 a.m., hours after the leaders of Mexico and ...
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 ...
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Gov. Gianforte discusses tariffs, immigration, and tax cuts at business expansion
Gov. Greg Gianforte took a break from the legislative session in Helena to congratulate Protech Steel on their expanding ...
Tariffs May Add $1,700 To Average Tax Bill, Hike Prices And Cut Income, Say Experts
Higher tariffs could worsen the squeeze on American families by increasing their taxes, lowering their income, and requiring ...