President Trump's sweeping tariff announcement triggered a sharp drop in U.S. stock markets, a flashing-red warning sign of the economic fallout that's expected to result from the widening trade war.
For decades, Trump has been arguing that trade deficits are bad. BUT - should we be eliminating trade deficits at all? Economist and Harvard professor Jason Furman says no.
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.
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.
After a couple extremely slow years, more inventory is finally hitting the market this spring. But buyers might be put off by high prices and an unsteady economy.
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.
Shares tumbled in Europe and Asia and U.S. futures tumbled Thursday following U.S. President Donald Trump 's announcement of big increases in tariffs on imports of goods from around the world.
As President Trump opens a new front in his trade war, U.S. consumers are feeling shaky about the economy. And that's beginning to weigh on their spending, raising the threat of an economic slowdown.