Estimates Imply That Trump Tariffs Could Fall Heavily on Consumers

With Trump’s Tariffs, the Chasm Between Allies and the U.S. Widens

President Trump announced sweeping levies on countries across the world. The tariffs create a dilemma for longstanding friends — and an opportunity for foes.

The New York Times - 1d

Trump’s Tariffs Drive Another Market Meltdown

A rapidly escalating trade war has socked stocks as investors weigh the fallout from President Trump’s tariff barrage.

The New York Times - 10h

Here's what economists are saying about Trump's tariffs

Economists say that President Trump's wide-ranging new tariffs raise the risk of a recession or stagflation.

CBS News - 5h

Trump Loves Tariffs. Do Americans?

Astead Herndon, a New York Times politics reporter and host of the podcast “The Run-Up,” unpacks what the voters and the polling say about President Trump’s signature economic policy: tariffs.

The New York Times - 3d

Trump sued over China tariffs

President Trump was sued Thursday over the 20 percent tariffs he imposed on Chinese goods in the weeks leading up to Wednesday’s broader announcement. It marks the first known legal challenge ...

The Hill - 22h

Trump’s Tariffs Will Change Your Life

Justin Wolfers on how the tariffs will radically change our daily lives.

The New York Times - 10h

As retaliatory tariffs mount, recyclers worry what goes around, comes around

Some metal recycling companies stand to benefit from Trump’s steel and aluminum duties, but they fear any boost could be blunted by foreign countermeasures.

NBC News - 2d

FirstFT: US stocks post worst quarter since 2022 amid tariff fears

Also in today’s newsletter, how a $1.4tn Trump trade war could unfold, and DeepMind slows down research releases

Financial Times - 3d

5 takeaways from Trump's major tariff announcement

President Trump reset U.S. trade policy on Wednesday by announcing a 10-percent general tariff on all imports to the U.S. with the exception of Canada and Mexico, along with targeted tariffs on ...

The Hill - 1d

Trump unveils sweeping new tariff plan

President Trump announced ten percent tariffs on all imports, along with new reciprocal tariffs that will charge half the tax on foreign goods that dozens of countries are charging on American ...

NBC News - 1d

Thune backs Trump tariffs

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP leader warns against undoing tariffs Senate Majority Leader John Thune ...

The Hill - 2d

Why tariffs could push car prices even higher

Tariffs will likely push car prices past the record highs seen in recent years.

CNBC - 6d

What's in Trump's sweeping new tariff plan?

The fresh round of tariffs escalated a global trade war.

ABC News - 1d

The Memo: Inside Trump’s big gamble on tariffs

President Trump is set to take the biggest gamble of his second term on Wednesday, when he will announce a fresh round of tariffs. Trump has dubbed Wednesday “Liberation Day,” suggesting that it ...

The Hill - 2d

GOP braces for potential defeat on Trump tariff bill

Senate Republicans are bracing for the passage of a bipartisan bill to undo President Trump’s 25-percent tariff against Canada, which would deal Trump an embarrassing setback on “Liberation Day,” ...

The Hill - 2d

Threats, calls for negotiations in wake of Trump tariffs

Countries around globe have responded to President Trump's latest tariffs with either threats of retaliation or calls for negotiation. Trump on Wednesday imposed a 10-percent base tax on all goods ...

The Hill - 1d

Former Trump economic adviser calls tariffs a ‘sledgehammer’

President Trump’s former economic adviser Stephen Moore likened the administration’s newly announced tariffs to a “sledgehammer.” Moore joined CNN on Thursday, just a day after Trump announced a 10 ...

The Hill - 1d

Trump set to unveil reciprocal tariffs in Wednesday announcement

President Donald Trump is expected to announce reciprocal tariffs on allies and adversaries worldwide, with the specifics under wraps until an announcement in the Rose Garden on Wednesday. The ...

NBC News - 3d

Factory activity slumps as manufacturers brace for Trump tariffs

U.S. manufacturers are sounding worried about the Trump administration’s trade policies ahead of a hotly anticipated announcement on tariffs that’s expected from the White House on Wednesday. ...

The Hill - 3d

Trump's tariff threats helped erase stock gains

President Donald Trump will announce tariffs today on potentially trillions of dollars' worth of imports, an action he has called "Liberation Day."

NBC News - 2d

World leaders blast Trump tariffs as markets slump

Foreign stock markets tumbled after opening on Thursday morning following President Donald Trump's announcement of a raft of tariffs on America's trade partners.

ABC News - 1d

Lawmakers pursue avenues to counter Trump tariffs

Backlash to President Trump's tariffs cropped up throughout Capitol Hill on Thursday, as Democrats, and some Republicans, expressed concern about the sweeping levies on foreign imports.

CBS News - 1d

What Trump says he's trying to accomplish with tariffs

President Donald Trump contends tariffs will pay for tax cuts, lower foreign trade barriers, revive U.S. factories, curb fentanyl and reduce the national debt.

CNBC - 22h

Lawsuit Challenges Trump’s Legal Rationale for Tariffs on China

A nonprofit group said the president misapplied a law in imposing those levies and portrayed its filing as the first lawsuit to challenge the Trump administration over its tariffs.

The New York Times - 20h

Stephen Colbert Likens Trump’s Tariffs to an Economic Infection

“Has anyone thought about injecting our money with bleach?” Colbert said after President Trump’s new tariffs tanked the stock market on Thursday.

The New York Times - 16h

Small business owners react to Trump's sweeping tariffs

Small business owners are weighing in on the tariffs President Donald Trump unveiled against virtually all U.S. trading partners on Wednesday afternoon.

ABC News - 4h

Trump announces new tariffs amid fears of higher prices

President Trump announced the U.S. will impose a minimum baseline of 10% tariffs on goods imported from all foreign countries, along with further "reciprocal tariffs."

CBS News - 1d

Trump announces 10% baseline tariff on all countries | Special Report

President Trump on Wednesday announced a baseline tariff of 10% on all countries, with additional reciprocal tariffs for some. Maurice DuBois anchored CBS News' special report.

CBS News - 1d

Trump tariffs live: US markets see worst day in five years as president claims ‘stock is going to boom’ – as it happened

This live blog is now closed. For more coverage on Trump’s tariffs, click here:. US stock markets have worst day since Covid over Trump tariffs Global markets in turmoil amid Trump tariffs ...

The Guardian - 20h

Could the World Cup Become a World Snub of the U.S. Over Tariffs?

Soccer fans are a passionate group. But trade wars–and a less than warm welcome at the U.S. border–could make them rethink their travel plans.

Inc. - 3d

Analysts: Trump tariffs 'worse than the worst case scenario' for tech investors

Analysts described President Trump’s latest slate of tariffs Wednesday as “worse than the worst case scenario” for tech investors. Trump announced a sweeping 10 percent tariff on goods from all ...

The Hill - 1d

Netanyahu could visit the U.S. soon, Trump says as dozens killed by strike on school in Gaza

Israel's Prime Minister Benjamin Netanyahu could visit the United States as early as next week, President Donald Trump said.

NBC News - 11h

How were Trump's tariffs calculated?

Analysts have questioned claims that new tariffs are reciprocal and based on those charged against the US.

BBC News - 1d

Live updates: Trump's tariffs take center stage this week

President Trump, and the economy, face a consequential week, as the president's promised reciprocal tariffs are slated to go into effect on Wednesday. Trump will announce the details of his ...

The Hill - 4d

4 GOP senators vote with Democrats to undo Trump tariffs on Canada

A group of Republican senators voted along with Democrats on Wednesday for a resolution to undo President Trump's 25 percent tariffs on Canadian imports, dealing an embarrassing blow to Trump. The ...

The Hill - 1d

China retaliates; Stock market free falls

It’s Friday. I’m still not over the penguin tariff jokes on social media. Like this. And this. And this. Oh, and this. OK, fine. I’ll get to the news now. In today's issue: THE FIRST 100 DAYS China ...

The Hill - 5h