Explainer: Trump's trade war - Will tariffs help or hurt the US economy?
Trump imposed tariffs on Mexico, Canada, and China, citing economic and security concerns. While intended to protect U.S. industries, economists argue they raise consumer costs, provoke retaliation, and fail to restore jobs.
Trump’s tariffs are a $1.4 trillion gamble with the economy and prices
President Donald Trump is on the verge of hitting America’s three biggest trading partners with sweeping tariffs, a far more aggressive use of his favorite economic weapon than anything he did during his first term.
To Trump, Tariffs Are Not a Means but an End
Many presidents use tariffs to force negotiations. But for President Trump, they are the point, a source of revenue as he pursues a Gilded Age vision.
Trump’s tariffs will cost you. Here’s how.
Trump’s tariffs against the United States’ three largest trading partners, Canada, Mexico, and China are now in effect. These taxes levied on imported goods are not paid by the exporting country, but rather a cost that is passed on to the American consumer.
Canada will retaliate against Trump with tariffs on US goods
Canada will set its own tariffs against US goods in retaliation to broad 25 percent tariffs President Donald Trump announced Saturday on Canadian imports. Prime Minister Justin Trudeau announced a 25 percent tariff on a total of C$155 billion worth of American goods — C$30 billion of that on Tuesday when Trump’s tariffs go into effect,
Trump says 'pain' from tariffs will be 'worth the price'
President Donald Trump said Sunday that Americans may feel economic "pain" from his tariffs on key trading partners, but argued it would be "worth the price" to secure US interests. On Saturday, Trump finally signed off on threatened 25-percent tariffs on neighboring Mexico and Canada - despite sharing a free trade pact - and hit China
U.S. economy grew at a healthy 2.3% pace last quarter, driven by increased consumer spending
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Marketplace2d
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PBS3d
U.S. economy ends 2024 with solid growth, up 2.8 percent for full year
The Commerce Department reported Thursday that gross domestic product — the economy’s output of goods and services — expanded at a 2.3 percent annual rate from October through December. For the full ...
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WBEN Radio Buffalo on MSN2d
Rep. Kennedy warns of dire impacts new tariffs on Canada will bring to regional economy
Congressman Tim Kennedy (D, NY-26) spoke Friday while at Rigidized Metals Corp. on Ohio Street in Buffalo to warn against the ...