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tariffs

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Aug 04

Vast majority of U.S. adults are stressed about grocery costs, AP-NORC poll finds

By Cora Lewis, Linley Sanders, Associated Press

Only 14% say it's not a source of stress, underscoring the pervasive anxiety most Americans continue to feel about the cost of everyday essentials.

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Aug 02

Analysis: The trade-offs in Trump’s trade policy

By Michael Froman, Council on Foreign Relations

President Donald Trump’s tariff policies create conundrums that challenge his other stated goals of winning the AI race, reindustrializing the United States, and reducing trade deficits.

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Aug 02

Watch 5:26
Economist analyzes fallout of Trump’s sweeping new tariffs and firing of BLS commissioner

By Ali Rogin, Zoie Lambert

The White House’s announcement Friday that it will impose hefty tariffs on imports from nearly 70 countries next week triggered the worst day on Wall Street in more than a month. Those economic jitters were compounded by a weaker than…

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Aug 01

Watch 8:32
Tariffs will help improve ‘broken global economic situation,’ economist Oren Cass says

By Geoff Bennett, Jackson Hudgins

President Trump announced another list of new tariffs on more than 60 countries, an unprecedented economic move that seeks to remake the global trade system. The tariffs, which range in rates from 10 to 41 percent, will take effect next…

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Aug 01

What consumers can expect from import taxes as the U.S. sets new tariff rates

By Dee-Ann Durbin, Anne D'Innocenzio, Associated Press

Tariffs are a tax, and U.S. consumers are likely to foot at least part of that bill.

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Aug 01

Wall Street takes worst tumble since May after employers slash hiring and new tariffs roll out

By Damian J. Troise, Alex Veiga, Associated Press

The U.S. stock market had its worst day since May on Friday after the government reported a sharp slowdown in hiring and President Donald Trump imposed sweeping tariffs on imports from a number of U.S. trading partners.

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Aug 01

Trump’s new tariffs lenient on some countries, while shares sink and U.S. dollar weakens

By Elaine Kurtenbach, Associated Press

The new rates are due to take effect on Aug. 7, but uncertainty over what Trump might do next remains.

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Jul 31

Trump signs order imposing new tariffs on many trading partners that go into effect in 7 days

By Josh Boak, Associated Press

President Donald Trump on Thursday signed an executive order that set new tariffs on a wide swath of U.S. trading partners to go into effect on Aug. 7 — the next step in his trade agenda that will test the…

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Jul 31

Watch 6:32
Economist analyzes Trump’s trade deals as tariff deadline approaches

By Amna Nawaz, Murrey Jacobson, Azhar Merchant

With hours to go before President Trump’s deadline, dozens of countries are facing the possibility of significant tariffs that could go into effect. But there’s uncertainty around the deadline as Trump announced a 90-day extension for Mexico. Amna Nawaz discussed…

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Jul 31

European Union expects 15% U.S. tariffs on Friday, but key document still not complete

By Lorne Cook, Associated Press

The European Commission says it presumes the United States will impose a 15% tariff on most EU exports from Friday.

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