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Former IMF official Desmond Lachman highlights risks from Trump tariffs and tax cuts, warning of potential inflation, higher bond yields, and recession.
The Trump administration will soon ensure that its 50% steel tariffs, which have threatened to make everything containing steel more expensive, will apply to your next fridge or dishwasher.
President Donald Trump's tariffs were touted as a tool for winning trade concessions from other countries. Those benefits are so far few and far between.
"When you think about it, in the normal course, getting quietly to do a 10% tariff on everything from everywhere was a huge achievement," Wilbur Ross tells Fortune.
The toy industry is dominated by imports, with the overwhelming majority of toys made overseas and shipped into the U.S. President Trump's tariffs have given domestic toy makers an opening, but not without risk.
U.S. President Donald Trump on Thursday warned he may soon hike auto tariffs, arguing that could prod automakers to speed U.S. investments. "I might go up with that tariff in the not too distant future,
President Trump said he might raise tariffs on imported automobiles to encourage more investment in U.S. manufacturing. At a White House event marking his signing of a resolution blocking California’s
Britain’s goods exports to the US fell in April by the largest amount for any month since records began in 1997 after President Donald Trump launched his global trade war.
The Tribune is tracking 11 everyday costs for Americans — eggs, milk, bread, bananas, oranges, tomatoes, chicken, ground beef, gasoline, electricity and natural gas — and how they are changing, or
President Trump told reporters this week that he would send letters to trading partners in the next week or two setting unilateral tariff rates. “At a certain point, we’re just going to send letters out.
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