And it was steep.As details of the new tariffs spread by text messages and tweets, executives and investors realized that Trump’s tariff threats were becoming a harsh reality.Restoration Hardware Chief Executive Gary Friedman was on a call with analysts Wednesday afternoon talking about the furniture retailer’s strategy and how the housing market could slow in this economic environment when news of the tariffs broke.
President Donald Trump said tariffs will bring in enough revenue to "make America wealthy again." How does the administration plan to use that money?
After GOP senators helped pass a measure to revoke Trump's Canada tariffs, talks are underway to force a House vote. Senators also unveiled a bipartisan bill to limit his authority.
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
The White House on Thursday was standing firmly behind President Donald Trump's sweeping tariff rollout despite markets nosediving, businesses recoiling and foreign leaders threatening retaliation.
Car companies like Ford and Dodge-owner Stellantis are responding to Trump's auto tariffs with discounts, fees, and production stoppages.
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While he voted in favor Wednesday of Trump retaining the emergency powers he used to impose his Canada tariffs, Sen. John Kennedy (R-La.) has some concerns.
Economists say the crude formula the White House used to calculate what it’s calling “reciprocal tariffs” is too simplistic to achieve its goal of wiping out US trade deficits — and, for that matter,
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Those dreading a return to the Smoot Hawley days think this time around could be even worse given the size and scale of Trump's new tariffs.