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What’s ahead for U.S. economy as global market reacts to Trump’s tariffs
The Congressional Budget Office released an analysis of the impact of President Trump’s tariffs. It projects current policies would reduce the deficit by $2.8 trillion over the next decade, but raise inflation and shrink the size of the economy.
President Trump and Chinese leader Xi Jinping spoke on Thursday, and both countries pledged to restart tariff and trade talks ...
In the aftermath of steel and aluminum tariffs during Trump's first term, major appliances showed price increases of between ...
Tariffs on steel and aluminum doubled to 50 percent Wednesday, adding higher costs and new uncertainty for businesses across the country that rely on metal imports for machinery, construction and ...
President Trump campaigned on the promise that he would lower prices, including food prices. But his decision to double ...
President Trump has officially hiked tariffs on aluminum and steel to 50% – despite growing warnings that his aggressive ...
On-the-ground insights have become especially valuable over the last few months as uncertainty about trade and other policies ...
Inflation in the 20 countries that use the euro fell to 1.9% in May from 2.2% in April, helping clear the way for more ...
Nonpartisan Congressional Budget Office estimates that Trump's tariffs would shrink the economy and add to inflation while reducing the federal deficit by $2.8 trillion.
Building costs rose in the first quarter of 2025 by more than any four-month period in 2024, one cost index found.
US President Donald Trump has declared a sharp increase in tariffs on foreign steel and aluminium, doubling the current 25% ...
It does not include the doubled 50% tariff rate on steel and aluminum that went into ... CBO estimates that, on net, real (inflation-adjusted) economic output in the United States will fall ...
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