Would you pay $2,300 for an iPhone? President Donald Trump imposed 20% tariffs on China after taking office in January. Under a sweeping new plan aimed at stimulating U.S. manufacturing announced Wednesday,
Key drivers of Los Angeles' economy — trade and logistics — will be hard hit by the tariffs announced by the Trump administration, economists say.
2hon MSN
The price tag for Apple’s iPhones may increase by more than 40% after President Donald Trump announced sweeping reciprocal tariffs on U.S. trade partners, analysts said Thursday, as Trump’s trade policies will likely increase prices across several imported goods, including new cars, coffee, chocolate and other products.
Backlash to President Trump's tariffs cropped up throughout Capitol Hill on Thursday, as Democrats, and some Republicans, expressed concern about the sweeping levies on foreign imports.
Trump slapped dozens of countries with broad tariffs. They'll impact goods the US imports from major trading partners like China and the EU.
Companies that tried to avoid tariffs on China imports by moving production to Vietnam may now regret that move.
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White House officials have circulated internal talking points telling surrogates that President Donald Trump’s new global tariff regime should not be characterized as a starting point for negotiations, according to three people with knowledge of the matter.
Major U.S. stock indexes registered their biggest daily percentage drops since 2020 on Thursday and the dollar weakened as U.S. President Donald Trump's drastic trade tariffs stoked fears of a global recession and led investors to seek safe-haven assets like bonds and the yen.