Trump's tariffs in his first term did little to alter the economy, but this time could be different
The tariffs he imposed on China in his first term were continued by President Joe Biden, a Democrat who even expanded tariffs and restrictions on the world's second largest economy. Biden administration officials looked at removing Trump's tariffs in order to bring down inflationary pressures, only to find they were unlikely to help significantly.
Trump tariffs would harm all involved, US trade partners say
Officials from Mexico, Canada and China and major industry groups warned that U.S. President-elect Donald Trump's threat of hefty tariffs on goods would harm the economies of all involved, cause inflation to spike and damage job markets.
Trump deportation plan faces opposition, tariffs spark trade war fear
President-elect Trump’s incoming “border czar” Tom Homan is touting a plan for mass deportations and some state and local officials are already signaling they’ll push back. Meanwhile, fears of a possible trade war are being sparked by Trump’s plan to impose new tariffs on imported goods.
Trump tariff plan kicks off scramble among U.S. trading partners
Leaders in Mexico and Canada responded to the president-elect’s proposed new tariffs. Observers said the plan might just be the first step in negotiations.
What Trump’s New Tariff Push Means for Trade and the Economy
The US heavily taxed imports for much of its history before largely abandoning the policy, beginning in the 1930s, as government leaders embraced the idea of free trade. Tariffs made a comeback during the 2017-2021 presidency of Donald Trump,
What are tariffs and why does Trump plan to use more of them? What to know
President-elect Donald Trump has made tariffs on foreign imports the central part of his economic plan for the country. Will they work?
Cars Are About to Get Even More Expensive Thanks to Trump's Tariffs
Trump's threatened tariffs will hit the bottom line of U.S. automakers importing vehicles, and experts say that cost will no doubt be passed on to customers.
Trade tariffs make it harder to keep prices low, IKEA executive says
Tariffs planned by U.S. President-elect Donald Trump will make it harder for IKEA to keep prices low, the chief financial ...
Trump Transition Live Updates: Picks for Trade and Economic Posts Highlight Trump’s Tariff Plans
President-elect Donald J. Trump said on Tuesday evening that he had selected Dr. Jay Bhattacharya, a Stanford physician and ...
Trump names new trade envoy after threatening tariffs on partners
US President-elect Donald Trump says Jamieson Greer will be his trade representative after he takes office on 20 January 2025 ...
Trump taps Jamieson Greer as US trade representative to ramp up tariff plans
President-elect Donald Trump on Tuesday chose trade lawyer Jamieson Greer as his new U.S. trade representative, elevating a ...
Trump's tariff plan could raise prices, blow up his own trade deal with Mexico and Canada
President-elect Donald Trump's threat to impose tariffs on Canada, China and Mexico on the first day of his administration ...
China, Mexico warn against trade war after Trump vows to hike tariffs
Donald Trump says he will impose a 25% tariff on goods coming from Mexico and Canada, plus an extra 10% on Chinese goods.
Tariff Threats Show Trump’s Commitment to Upending Global Trade
The president-elect’s threat to hit Canada, Mexico and China with new tariffs is already rocking business and diplomatic ...
Trump tries to force other countries to negotiating table on immigration and trade with promise to hike tariffs
President-elect Donald Trump’s pledge to impose massive tariffs was an early warning shot to try to force the hand of allies ...
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Trump is directing the trade war even before he takes office. Surprise tariffs were just the start.
Trump's early tariff announcements on Mexico, Canada, and China are just the "opening move," one trade-focused lawyer wrote.
Keir Starmer would be 'stupid' to retaliate if Donald Trump hits UK with trade tariffs
EXCLUSIVE: The Prime Minister must negotiate a 'peacemaking' deal with Donald Trump to protect Britain from the economic ...