President Trump’s sweeping tariff hikes have jolted markets and thrusting business leaders into deep economic uncertainty. An understanding of tariffs’ primary and secondary macroeconomic impacts, as well as any plausible long-term consequences,

But some economists predict Americans will feel the pain – at least in the short term – and low-income Americans most of all. Start the day smarter. Get all the news you need in your inbox each morning.

Denmark's Orsted would have a "meaningful impact" on the cost of its projects in the U.S. due to President Donald Trump's tariffs, CEO Rasmus Errboe told the Financial Times in an interview published on Thursday.

Trade economists predict the United States could pay over $712 billion more in import tariffs this year compared to 2024.

Everything from apparel to wine is in Trump’s crosshairs. And low-and-middle-income Americans will face the brunt of the tariffs.

The Trump administration's recent executive order introduces a new ad valorem tariff on imports, sparking concerns about its effects on trade agreements with Canada and Mexico.

Chinese exporters raise prices and reroute goods as U.S. tariffs escalate, causing widespread uncertainty and trade disruptions. Follow Newsweek's live blog.

The impact of US President Donald Trump's reciprocal tariffs is not yet known and New Delhi's strategy to deal with the situation emerging from it is to seal a bilateral trade pact with Washington by fall of this year,

Japan's Nikkei share average jumped on Thursday as worries about the economic impact of U.S. tariffs receded after President Donald Trump declared an immediate 90-day tariff pause for many countries.