Us Breaking News Trump Tariff Spike Fuels New House Bill To Lock China Out Of Us Government Tech

Tariffs are starting to bite consumers and businesses, economists say

Economists say the Trump administration's sweeping tariffs on imports are boosting consumer prices in the U.S. Read More

Trump offers US automakers additional relief from his tariffs

President Donald Trump is giving domestic automakers some relief from his tariffs. He's extending a special rebate on auto parts until 2030. Read More

Trump extends tariff relief for U.S. auto industry

Trump’s order also gave automakers relief from separate tariffs that he applied to steel and aluminum products. The latest announcement will extend a tariff offset program from two years to five. Read More

Trump’s new tariffs on lumber, furniture and cabinets just went into effect — will they slow down an already sluggish US housing market?

But wait, there’s more. The new tariffs have gone into effect, but the worst is yet to come. On January 1, 2026, the tariff on cabinets and bathroom vanities will increase to 50% and upholstered ... Read More

US consumers shouldering 55 percent of Trump tariff costs: Goldman Sachs

A new Goldman Sachs analysis says American consumers will shoulder 55 percent of the costs from President Trump’s tariffs this year. American businesses and foreign exporters will take on 22 ... Read More

Trump Ramps Up Trade War as New Tariffs on Lumber and Furniture Take Effect

The president is threatening to widen his trade war against China as tariffs on timber, lumber, kitchen cabinets and other products took effect on Tuesday. Read More

As new tariffs take effect, US consumers footing more than half the burden: Report

With new tariffs taking effect Tuesday, Goldman Sachs finds American consumers are paying for more than half of the cost of the levies imposed by President Donald Trump. Read More

US President Trump’s Tariff Proposals Acted As Tax On American Consumers, Raising Inflation: Former IMF Chief Economist Gopinath

New Delhi: US President Donald Trump’s tariff proposals acted as a tax on US consumers, raised inflation, and had no benefit to the American economy, said former IMF Chief Economist Gita Gopinath on ... Read More

Trump ratchets up US-China trade war, promising new tariffs

U.S. President Donald Trump revived the trade war against Beijing on Friday, ending an uneasy truce between the two largest economies with promises to sharply hike tariffs in a reprisal against China ... Read More