News

The Latest: Trump promises to hike steel and aluminum tariffs to 50% starting Wednesday
President Donald Trump has promised to hike nearly all of his tariffs on foreign steel and aluminum to a punishing 50% on ...
Canada prepares reprisals over U.S. metals tariffs, EU reports progress in talks
The increase in U.S. metals tariffs applies to all trading partners except Britain, the only country so far to strike a ...
Heard on the Street Wednesday Recap: Big Deficits
The House-passed tax-and-spending bill would increase budget deficits by $2.4 trillion over the next decade, according to a ...
Dollar Tree expects to take profit hit from tariffs, shares drop on outlook
Discount retailer Dollar Tree said the impact of tariffs will result in lower than expected profit for the second quarter, ...
The nonpartisan Congressional Budget Office said tariffs would reduce the purchasing power of households overall.
WASHINGTON (AP) — President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period ...
A twist in the debate over Trump's deficit-busting bill: A (long-shot) scenario where tariffs could offset the costs
Congress's top budget scorekeeper released two reports Wednesday that, taken together, suggest tariff revenues could offset ...
These Tariffs Are Still in Place After Wednesday's Court Ruling
The U.S. Court of International Trade blocked a large portion of the tariffs enacted by President Donald Trump. However, ...
US stocks Wednesday: stocks trade higher despite ADP jobs shocker
U.S. stock futures are little changed as investors continued to wait for fresh trade news and the key monthly jobs report.