President Trump said this would boost U.S. exports of beef, ethanol, and other goods — though details on food standards still need to be worked out. The 10% U.S. tariff on imports of most British goods remains.
The immediate impact of the cargo decline affects virtually every business around the ports, but port officials say this downturn will soon be felt much more broadly.
Since he announced his intention to impose a 100% tariff on movies made outside of the United States, President Trump has hedged, saying he's open to meeting with industry leaders.
Production in Hollywood has been suffering. But it's unclear how a 100% tariff on movies produced outside the United States would work – or who it would help.
The billionaire investor, now 94, also said he would be resigning as CEO at the end of the year. He spoke at Berkshire Hathaway's annual shareholder meeting known as "Woodstock for Capitalists."
Exporters, importers and recent government statistics all suggest that trade in both directions is slowing sharply as a result of the tariffs. Neither side appears willing to be seen giving ground.
Have you recently bought something online, and your receipt showed how much more you're paying as a result of tariffs? If so, please share your receipt with NPR.
President Trump is easing some of his tariffs on the U.S. auto industry. But what will the overall impact of these economic policies mean for the nation's biggest carmakers? Ford Motor CEO weighs in.
From foreign policy and tariffs to immigration changes and targeting of DEI, here's a look back at some of the major moves made in the past 100 days of President Trump's second administration.
President Trump signed executive actions as the White House marks his 100 days in office. It's the latest shift in Trump's on-again, off-again approach to tariffs.
Mark Carney wins Canada's election, seizing on strong public sentiment against U.S. President Donald Trump. But it's still not clear if his Liberal Party has won an outright majority in Parliament.
When Trump announced sweeping tariffs this month, he called it "Liberation Day." But there are fears that it may well have been the day foreign investors started to lose faith in the United States.
