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 ...
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 ...
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 ...
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Sen. Tim Kaine says Trump's tariffs could reduce federal debt, but at what cost?
Va., who is also on the Senate Budget Committee, about how President Trump's tariffs will affect the federal budget and the ...
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 ...
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 ...
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, ...