tariffs

As Trump’s tariffs kick in, economist breaks down inflation and recession warning signs

By Geoff Bennett, Jackson Hudgins

After months of delay and backroom dealmaking, the Trump administration has imposed sweeping tariffs on nearly 100 countries, sending U.S. import duties soaring to their highest levels in nearly a century. To help break down the impact of the new…

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Trump’s broad tariffs go into effect just as U.S. economic pain is surfacing

By Josh Boak, Associated Press

The higher import taxes are part of his strategy to reduce the U.S. trade deficit and encourage foreign investment in America.

U.S. applications for jobless benefits up modestly but remain at a healthy level

By Matt Ott, Associated Press

The Labor Department reported Thursday that jobless claims for the week ending Aug. 2 rose by 7,000 to 226,000, slightly more than the 219,000 new applications analysts forecast.

Trump says he plans to put 100% tariff on computer chips, likely increasing electronics costs

By Josh Boak, Associated Press

President Donald Trump said Wednesday that he will impose a 100% tariff on computer chips, likely raising the cost of electronics, autos, household appliances and other goods deemed essential for the digital age.

WATCH: Trump announces Apple investment of additional $100B in U.S. manufacturing

By Josh Boak, Associated Press

Apple had previously said it intended to invest $500 billion domestically, a figure it will now increase to $600 billion. Trump in recent months has criticized the tech company for efforts to shift iPhone production to India to avoid the tariffs his Republican administration…

Trump to put additional 25% import taxes on India, bringing combined tariffs to 50%

By Josh Boak, Rajesh Roy, Fatima Hussein, Associated Press

The tariffs would go into effect 21 days after the signing of the order, meaning that both India and Russia might have time to negotiate with the administration on the import taxes.

Can Trump deliver on his energy export promises? Expert weighs in

By Stephanie Sy, Azhar Merchant

With new tariffs set to take effect on Friday, President Trump continued to battle and negotiate with several countries. He has said the new purchase of U.S. energy is a key to some of the biggest deals struck so far.

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Swiss president rushes to Washington to seek deal averting tariffs

By Jamey Keaten, Associated Press

Switzerland’s president and other top officials are traveling to Washington in a hastily arranged trip aimed at striking a deal with the Trump administration over steep tariffs.

Brazil’s Supreme Court orders house arrest for former President Bolsonaro, a Trump ally

By Maurico Savarese, Associated Press

Prosecutors accuse Bolsonaro of heading a criminal organization that plotted to overturn the election, including plans to kill President Lula and a Supreme Court justice.

U.S. tariffs put 30,000 South African jobs at risk, officials say

By Michelle Gumede, Associated Press

South African authorities have warned that U.S. reciprocal tariffs could put an estimated 30,000 jobs at risk. The U.S. plans to impose a 30% tariff on South African goods, creating uncertainty for export industries.