Economy News How Trump’s Radical Tariff Plan Could Wreck Our Economy

Trump scraps tariffs on beef, coffee, tropical fruit in a push to lower prices

President Trump announced the removal of U.S. tariffs on beef, coffee, tropical fruits and other commodities amid pressure to address high consumer prices. Read More

The affordability crisis is forcing Trump to radically reshape his economic plan on the fly

President Donald Trump swept into office with a bold plan to remake America’s economy. But the realities of a persistent affordability crisis, low favorability ratings and biting election losses for ... Read More

What the Trump tariffs Supreme Court case could mean for the economy

If the Supreme Court allows Trump’s steepest tariffs to stand, price increases may accelerate while economic uncertainty associated with the tariffs could put downward pressure on hiring, some ... Read More

Trump warns economy could collapse if court blocks tariffs

President Donald Trump warned that the U.S. economy could “go to hell” if the Supreme Court limits his ability to impose tariffs without Congress. In a 60 Minutes interview, he framed the case as ... Read More

The Supreme Court won’t hurt America if it strikes down the tariffs

Scott Lincicome is vice president of general economics and trade at the Cato Institute. In both legal filings and in public, President Donald Trump and his team have made fantastical claims about the ... Read More

Tiny toymaker vs. Trump: A tariff battle that could reshape California’s import economy

A Chicago toy maker is mounting a rare Supreme Court challenge against Trump’s tariffs as major corporations including Walmart stay silent. His companies face $20 million to $30 million in tariffs ... Read More

If you think Trump’s China deal is the end of the story, you haven’t been paying attention

Financial markets kicked off the week by gleefully cheering the weekend’s headlines that trade talks between the United States and China went smoothly. Just weeks earlier, Trump had threatened to ... Read More

Treasury Dept. says inflation is running 'above target' as Trump insists there is 'no inflation'

The Treasury Department said Monday that inflation "remained above the target of 2 percent in the third quarter," even as President Donald Trump and administration officials continue to assert that ... Read More