President Donald Trump’s use of tariffs in his second term defies many historical norms, say economists and historians.

President Donald Trump in his inaugural speech credited President William McKinley for making the United States “very rich” ...

One reason governments use tariffs is to protect domestic industries. However, tariffs can have downsides, including reducing the purchasing power of consumers.

Good afternoon and happy Tuesday, readers! If you missed the news last night, the Senate confirmed Energy Secretary Chris Wright in a 59-38 vote, completing President Donald Trump’s energy and ...

If all of President Donald Trump's tariffs are implemented, it could create a trade war with back-and-forth retaliatory tariffs, which might raise consumer costs and unemployment rates.

The President has issued three executive orders that impose universal tariffs on Mexico, Canada, and China, deploying IEEPA in a sweeping manner ...

The Budget Lab at Yale University estimates Trump’s tariffs would cost the average American household $1,000 to $1,200 in annual purchasing power. Another estimate by the Tax Foundation says the ...

Clearly, the tools of global trade policy are back in the hands of the master of "The Art of the Deal," but what’s less clear ...

Yet as a source of revenue relative to the size of today's global economy, income from tariffs is "modest", said the Council ...

The definition of a tariff is fairly straightforward — it’s a tax on goods coming from another country. They are typically structured as a percentage of the value of the import and can vary based on ...

In separate negotiations, Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum have agreed with U.S ...

On the presidential campaign trail last fall, Donald Trump described tariff as the "most beautiful word in the dictionary" ...