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What’s ahead for U.S. economy as global market reacts to Trump’s tariffs
The Congressional Budget Office released an analysis of the impact of President Trump’s tariffs. It projects current policies would reduce the deficit by $2.8 trillion over the next decade, but raise inflation and shrink the size of the economy.
'Our economy is likely going to suffer': Trump officially hikes tariffs on aluminum, steel to 50%
President Trump has officially hiked tariffs on aluminum and steel to 50% – despite growing warnings that his aggressive trade tactics could sharply curb U.S. growth and drive inflation higher. Charlotte Howard and Dan Nathan discuss on The 11th Hour.
President Trump and Chinese leader Xi Jinping spoke on Thursday, and both countries pledged to restart tariff and trade talks ...
Tariffs on steel and aluminum doubled to 50 percent Wednesday, adding higher costs and new uncertainty for businesses across the country that rely on metal imports for machinery, construction and ...
In the aftermath of steel and aluminum tariffs during Trump's first term, major appliances showed price increases of between ...
President Trump campaigned on the promise that he would lower prices, including food prices. But his decision to double ...
On-the-ground insights have become especially valuable over the last few months as uncertainty about trade and other policies ...
President Donald Trump’s trade war will wreak greater economic damage than previously expected, both in the United States and ...
Building costs rose in the first quarter of 2025 by more than any four-month period in 2024, one cost index found.
The tariffs carry inflation risks at a moment when voters ... Of the roughly 29 million net tons of steel imported into the United States last year, a little under 2% came from China.
Nonpartisan Congressional Budget Office estimates that Trump's tariffs would shrink the economy and add to inflation while reducing the federal deficit by $2.8 trillion.
The Gulf state, which is reliant on the U.S. security umbrella, has pledged to invest $1.4 trillion in the U.S. over the next ...
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