Trump wants a 25% tariff on iPhones unless they're made in US
President Trump wants a 25% tariff on iPhones unless Apple starts building them in the U.S., a move that could dramatically increase the price of iPhones. Samsung could also be hit with tariffs.
Trump calls for 50% tariff on EU imports starting June 1
President Trump called for a “straight 50%” tariff on all imports from the European Union after complaining on social media that trade talks are “going nowhere.”
Walmart to lay off 1,500 employees after announcing price hikes
Walmart is restructuring its operations and cutting about 1,500 jobs as part of its new plan.
General Motors is halting exports of vehicles to China
GM says it is 'committed to continued development' in the Chinese market.
Home Depot vows to maintain prices despite tariff pressures hitting retail sector
Other retailers like Walmart, Target and Best Buy have warned of potential price hikes.
Trump tells Walmart: ‘Eat the tariffs’
President Trump lashed back at Walmart over the weekend after the retail giant said it would be increasing prices to combat his tariffs.
Chinese imports to US plummet to lowest levels since COVID-19 pandemic amid Trump tariffs
Trade data shows record imports from other countries as duties on Chinese goods reach 145%.
Walmart raising prices due to tariff costs: What we know
Walmart says it will raise prices to counter higher costs from President Donald Trump’s tariffs, despite strong quarterly sales.
Tariffs on the auto industry could impact car insurance rates
If car parts are more expensive or take longer to import, cars will cost more money and take more time to repair.
Nissan increases job cuts to 20K by 2027
The Japanese automaker aims to save $3.4 billion by 2027 amid financial losses and concerns over President Donald Trump's tariffs.
April CPI inflation report: Egg prices decline for first time in months
Eggs got cheaper in the U.S. last month after setting records at the start of the year, according to April's CPI inflation report. Here's how some other grocery items fared.
US-China trade deal: Countries agree to slash tariffs, enact 90-day pause
U.S. and Chinese officials say they have reached a deal to slash most of their recent tariffs and called for a 90-day pause for ongoing negotiations. Here's what to know.
"Truth in Tariffs Act" would require stores to display cost of tariffs on items
This proposed legislation will allow consumers to make informed decisions on the goods they purchase.
Trump suggests cutting tariffs on China to 80%
The president’s remarks come ahead of a meeting between U.S. officials and Chinese representatives this weekend.
Trump announces trade deal with UK, cuts tariffs on some goods
President Donald Trump announced a trade deal between the United States and Britain that will lower tariffs on some goods.
Fed rate and tariffs: Why interest is unchanged again, and what it means for you
Despite the Trump administration’s push for a rate cut, The Fed announced Wednesday it’s holding steady – and the president’s tariffs were a big deciding factor.
Trump, Carney quibble over buying Canada: ‘Never say never’
Tensions have been high between the U.S. and Canada, and the newly-elected prime minister visited the White House Tuesday after promising to “stand up" to President Trump.
Mattel plans toy price increases in US amid Trump's tariffs
The toy manufacturer believes that despite the tariffs some of their products will still be affordable for consumers.
Business owner facing steep tariffs tests whether people will pay for 'Made in USA'
A business offered customers a choice between a foreign-made product or the same item made in the U.S. at a much higher cost - and was overwhelmed by the results.
Senate fails to block Trump’s global tariffs
Senate Republicans have narrowly voted down a Democratic resolution that would have blocked global tariffs announced by Donald Trump earlier this month.