Economy News Trump’s Tariffs In His First Term Did Little To Alter The Economy, But This Time Could Be Different

Trump’s tariffs in his first term did little to alter the economy. This time things could be very different

Trump’s tariffs in his first term did little to alter the economy. This time things could be very different - The total tariffs collected in the United States was less than 0.3% of the GDP in 2019, du ... Read More

Trump has said tariff revenue may allow Americans to stop paying income taxes. The math doesn’t add up

The federal income tax brought in about $2.4 trillion in 2024, which is more than 14 times what Trump’s second-term tariffs are generating. Read More

Trump is threatening to get rid of one of the biggest reasons prices have remained in check

When President Donald Trump introduced his “Liberation Day” tariffs in April, many economists predicted Americans would soon experience massive price increases. While inflation has ticked up in the ... Read More

Fact focus: Trump says tariffs can eventually replace federal income taxes. Experts disagree

President Donald Trump has long praised tariffs as key to increasing wealth in the United States, idealizing Gilded Age policies that preceded the implementation of a modern federal income tax. Among ... Read More

Where Trump's Tariffs Stand Going Into 2026

Trump’s sweeping 2025 tariffs on imports are disrupting global trade and creating new economic risks for consumers, businesses, and investors. Read More

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

Tariff exclusion process in Trump 2.0 a big departure from first term

In President Donald Trump’s second term, tariff relief no longer runs through a bureaucratic process; rather, it runs straight through the Oval Office. Trump, long a proponent of tariffs, has ... Read More

Resilient in face of tariffs, world economy forecast to grow 3.2%, OECD says

The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for ... Read More

Trump’s former commerce chief warns of market ‘confusion’ if court strikes down tariffs

EXCLUSIVE — Former Trump Commerce Secretary Wilbur Ross is warning of “tremendous” amounts of “confusion” in the markets if the Supreme Court strikes down President Donald Trump’s sweeping tariffs. Read More

As Trump Threatens to Leave North American Deal, Supporters Urge Him to ‘Do No Harm’

Hearings that began Wednesday in Washington reflected anxiety over the future of the U.S.-Mexico-Canada trade pact and whether the president could end up scrapping it. Read More

The economy was a strength for Trump in his first term. Not anymore, according to recent polling

WASHINGTON — President Donald Trump’s second-term strengths look different from his first, according to recent polling. Once strengthened by economic issues, Trump's approval is now relatively low on ... Read More