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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 has officially hiked tariffs on aluminum and steel to 50% – despite growing warnings that his aggressive ...
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 ...
The rise in US steel and aluminium tariffs to 50% is the second time since March that Donald Trump has taken action to ...
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.
President Trump's trade war is causing the global economy to slow, with growth now heading for its weakest pace since the ...
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 ...
US President Donald Trump has declared a sharp increase in tariffs on foreign steel and aluminium, doubling the current 25% ...
Building costs rose in the first quarter of 2025 by more than any four-month period in 2024, one cost index found.
President Trump's 50% tariffs on foreign steel and aluminum took effect Wednesday. Meanwhile, Mr. Trump is expecting to speak ...
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