In recent weeks, President Donald Trump has inflated his previous claims about how lucrative tariffs have been for the United States. Trump's new figure: An astonishing $18 trillion. On Sunday, Trump ...
Democrats on the bicameral Joint Economic Committee (JEC) estimate that, on average, U.S. households have paid nearly $1,200 in additional costs in connection to President Trump’s sweeping tariffs. In ...
New tariffs imposed this year by President Donald Trump have increased operating costs for small businesses that have to pay the import duties. Some of those companies are taking on loans with high ...
This is read by an automated voice. Please report any issues or inconsistencies here. Trump’s tariffs pushed effective rates to nearly 17% by November — seven times higher than January and the highest ...
The U.S. government could owe businesses as much as $168 billion if the Supreme Court rules that the Trump administration improperly invoked a federal emergency powers law earlier this year in hitting ...
Costco has filed a lawsuit challenging the Trump administration's tariffs. The retailer joins other companies hoping to get a refund for the import taxes it's already paid. Costco has joined the list ...
President Trump has warned of an "economic disaster" similar to the Great Depression if the Supreme Court rules against tariffs imposed under IEEPA. Since Trump's baseline tariff took effect in April, ...
President Donald Trump credited tariffs for what he called historic economic gains, claiming Thursday that the U.S. has taken in hundreds of billions of dollars with virtually no inflation while ...
The Trump administration’s trade policy—specifically its broad, aggressive use of tariffs—has several direct economic costs and benefits: higher inflation, an effective tax on consumers and businesses ...
As President Donald Trump piled on new tariffs last year, many economists quickly warned that prices and unemployment would spike. With most of the 2025 economic results in, it’s looking like those ...
As the new year sets in, the Trump administration is pushing forward with its controversial tariff policies, but appears to be backing off promises of a "tariff dividend" check. There are currently ...
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