WATCH: White House says Trump’s signing of ‘Liberation Day’ tariffs will be first Rose Garden event
President Donald Trump will unveil plans to place reciprocal tariffs on nearly all U.S. trading partners on Wednesday.
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How Trump’s steep tariffs on imported vehicles may affect car prices and the auto industry
Some car buyers have been rushing to showrooms across the country this weekend, as automakers brace for Trump’s 25 percent tariffs on vehicles and auto parts made outside the United States. The tariffs kick in on Thursday and could raise…
S&P 500 drops 2 percent amid worries about slower economy, higher inflation
Another wipeout is slamming Wall Street Friday as worries build about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade war.
U.S. economy grew 2.4 percent in 4th quarter of 2024 after upgrade in growth estimate
It’s unclear whether the United States can sustain that growth as President Donald Trump wages trade wars, purges the federal workforce and promises mass deportations of immigrants working in the country illegally.
The auto tariffs will be felt sharply in Europe, for whom the U.S. is the biggest export market for an industry that supports nearly 14 million jobs.
The Conference Board's report Tuesday said that the measure of Americans' short-term expectations for income, business and the job market fell 9.6 points to 65.2 - the lowest reading in 12 years.
Egg prices have soared to new records over the last couple of months. The wholesale price for a dozen white eggs climbed to over $8 in February. Since then, that price has dropped but the prices consumers pay at the…
The Trump administration’s tariffs on imported goods from Canada, Mexico and China — some already in place, others set to take effect in a few weeks — are already driving up the cost of building materials used in new residential…
Ongoing tariff threats as well as sharp cuts to government spending and jobs have tanked consumer and business confidence, which could weigh on the economy and even push up unemployment.
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