Economy News How The New Trump Tariffs Could Play Out For The U S Economy

The Economic Effects of Tariffs

The United States announced new, higher tariff rates this year. Tariffs can affect supply chains, investment, and firms’ input costs, resulting in supply-side effects such as higher inflation and ... Read More

Trump’s tariffs bring in record customs revenue, could reduce deficit by $4T. But will American households pay the price or get a piece of the pie?

If saved by the Supreme Court, the tariffs are also expected to shrink the economy and cause inflation to spike. Read More

Trump Tariffs Push Japan’s Economy Into Contraction

The Japanese economy shrank 1.8 percent from the same quarter last year as U.S. tariffs dampened automobile exports and prompted a bleak outlook for growth. Read More

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

MARK SIMON: Trump’s Tariffs Have Not Caused Economy To Collapse

The APEC Summit in Korea last week marked a pivotal moment for U.S. trade policy, delivering tangible wins for American interests. Solid deals were struck with South Korea, while the U.S. and China de ... Read More

OPINION: From Doom to Boom: How Trump’s Tariffs Are Powering the U.S. Economy

Six months ago, critics warned that President Donald Trump’s tariffs would crush the economy. They said Americans would face soaring prices and crashing markets. The reality? As we near the end of ... Read More

U.S. trade deficit drops 24% in August as Trump’s tariffs reduce imports

The U.S. trade deficit fell by nearly 24% in August as President Donald Trump’s sweeping global tariffs pushed imports lower. Read More

The Trump administration is racing to reframe his tariff rollbacks

Officials insist the latest tariff relief doesn't amount to a retreat from the president's staunch defense of tariffs as economic drivers. Read More

Economists say Trump's tariff play could boost trade deficits

(The Center Square) – Economists told the U.S. Supreme Court that President Donald Trump's plan to reduce U.S. trade deficits will backfire, exacerbating the underlying issue the president used to ... Read More

As Hopes for a Trade Deal With Trump Vanish, Canada Tackles Tariff Fallout

Prime Minister Mark Carney announced curbs on steel imports, a new tariff and help with steel and lumber freight costs in a bid to aid Canadian industries. Read More

Canada’s Economy Starts to Buckle Under Trump’s Tariffs

President Trump lambasted an ad from the Canadian province of Ontario, which uses audio from a 1987 Ronald Reagan address on tariffs. WSJ’s Gavin Bade breaks down the controversy. Photo: Aaron ... Read More

Trump Cancels Release of Crucial Economic Report to Hide His Failures

Are Americans supposed to think that the Trump administration canceling the release of economics reports is somehow a good sign for the economy? Read More