President Trump announced sweeping tariffs on imported goods, which were higher and broader than many expected. The new import taxes are expected to raise prices and slow growth in the U.S., while pushing many other countries into recession.
Traditional allies, including the European Union, South Korea and Japan, face tariffs as high as 20%, while China confronts a 34% tariff on top of an existing 20% tax on imports to the U.S..
The administration revealed how they calculated the tariffs. Buried in that math is a straightforward answer to a question Trump has long refused to answer: How much will his tariffs raise prices?
The global tariffs Trump announced this week include remote territories like Heard and McDonald Islands in the Indian Ocean that don't actually have human populations. Here's what to know about them.
Trump announced new tariffs on goods from all countries yesterday. Economists are worried about the domestic and worldwide impact this could cause. And, TikTok nears its sell-by date.
Trump said his administration will apply a 10% tariff on all imports, and that other trading partners will face additional "reciprocal tariffs" ranging as high as 49%.
President Trump's tariff talk has been big — and also unpredictable. He's frequently made threats only to back off or shift deadlines. Here, a look at how the tariff agenda has rolled out.
The U.S. has generally kept tariffs low, but a few domestic industries have long been protected by import taxes and other trade barriers. They offer clues about how Trump's new tariffs might work out.
Trump is expected to impose "reciprocal tariffs," which economists believe could be painful for U.S. consumers. And, the Trump administration says it mistakenly deported a man to El Salvador.
A controversial study raised the specter that Girl Scout cookies are unsafe. Authorities say they are safe, but the whole saga highlights a breakdown of trust in American institutions.
There are now more than 3,000 billionaires in the world, according to Forbes' annual ranking of the wealthiest people. They collectively hold about $16.1 trillion in wealth.
"We can't complain about not having affordable housing if we're not willing to take the big, bold moves it’s going to take to get us there," Savannah Mayor Van Johnson said.
A new report is predicting far-reaching economic impacts of any federal cuts to Medicaid and the Supplemental Nutrition Assistance Program (SNAP) in Georgia.
The president's latest action on trade takes effect next week, and will slap a 25% tariff on imported cars and car parts. He says the measure will boost U.S. manufacturing.
