The world's two biggest economies are on the brink of an economically destructive trade war. Here's what experts think could ...
Tariffs are now in effect on goods from China, and imports from Canada and Mexico could be next (again). Americans are likely to see higher prices on a wide variety of products as a result.
Here’s how present events are mirroring a key point in U.S. history that led to a trade war and exacerbated the Great ...
One reason governments use tariffs is to protect domestic industries. However, tariffs can have downsides, including reducing the purchasing power of consumers.
If all of President Donald Trump's tariffs are implemented, it could create a trade war with back-and-forth retaliatory tariffs, which might raise consumer costs and unemployment rates.
When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and ...
The Budget Lab at Yale University estimates Trump’s tariffs would cost the average American household $1,000 to $1,200 in annual purchasing power. Another estimate by the Tax Foundation says the ...
Clearly, the tools of global trade policy are back in the hands of the master of "The Art of the Deal," but what’s less clear ...
Yet as a source of revenue relative to the size of today's global economy, income from tariffs is "modest", said the Council ...
The tariffs on China, Canada, and Mexico could raise the prices of everything from cars and gas to homes and food ...
Tariffs have dominated headlines since President Donald Trump took office just over two weeks ago, as he threatened steep, sweeping tariffs on goods the United States imports from its three largest ...
We spoke with a local economics professor who sees how this playing out for us. There may be some perks that have nothing to ...