America’s effective tariff rate is now 14.1%, according to Fitch Ratings, up from 2.3% last year. That means Trump raised taxes on imported goods by nearly 12 percentage points in 2025.

On Wednesday, a White House official said the 55% figure represents a sum of a baseline 10% “reciprocal” tariff Trump has imposed on goods from nearly all U.S. trading partners; 20% on all ...

As Trump's tariff deadline nears, the U.S. is seeking trade proposals from global partners, including the EU and Japan, focused on industrial and agricultural products.

But in a surprise move, the president capitulated on April 9 by implementing a 90-day pause of these higher reciprocal tariff rates for all countries except China (a separate 90-day reciprocal ...

Fed 'well-positioned' to wait out uncertainty on tariffs' effects Early signs of tariff-driven inflation in some data, not in others Financial markets resilient, but liquidity responsive to tariff ...

As Tariff Uncertainty Continues, Here Are 2 American Companies Investors Should Consider. By Matt Frankel – Jun 21, 2025 at 8:22AM Key Points. Most of President ...

Timeline: What to know about Trump’s global tariff rollout By Elisabeth Buchwald , Rachel Wilson , Amy O’Kruk and Eleanor Stubbs, CNN 1 min read ...

Federal Reserve Chair Jerome Powell, under continued attack from President Trump, says the impact of tariffs on inflation should become clearer in the coming months.