President Donald Trump announced Wednesday that he would pause the elevated tariff rates set to kick in on imports from several dozen countries, setting import duties at 10 percent — less than half of ...
Section 1. Background. In Executive Order 14257 of April 2, 2025 (Regulating Imports With a Reciprocal Tariff To Rectify Trade Practices That Contribute to Large and Persistent Annual United States ...
The average U.S. effective tariff rate is 'only slightly different' today from where it was before the president's partial retreat on Wednesday, say researchers at the Budget Lab at Yale The U.S.
OTTAWA — When you peel back the many layers of tariffs and exemptions imposed by the United States, the effective tariff rate on Canada looks much lower than the headline figures suggest, some ...
Tariffs aren’t just bad for business and consumers: They will also increase the number of Americans living in poverty, according to new research. An analysis out this week from the Budget Lab at Yale ...
President Trump on Wednesday announced a 90-day pause on most of his new tariffs, and a lowering of the "reciprocal tariff" rate to 10%, effective immediately, he said on Truth Social. The U.S. stock ...
April 10 (Reuters) - U.S. President Donald Trump's rollback of some of the steep tariffs he has imposed has done little to lower the average import duty rate from the elevated levels to which his wave ...
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...
A new reality is settling in for the global economy: President Donald Trump’s tariffs are here to stay. On Monday morning, Trump said the baseline tariff rate for the world will be “in the range of 15 ...
President Donald Trump said Tuesday on Truth Social that his administration had reached a deal with Japan, one of the largest U.S. trading partners, to lower its tariff rate to 15% as part of a ...
President Trump is alerting countries around the world of impending tariff rates that they will face when sending goods to the United States, hitting prominent trading partners and poorer nations ...