President Donald Trump’s turbulent tariffs are projected to cause a sharper slowdown in economic growth in the U.S. than expected.

Businesses and consumers have been on edge since the beginning of the year, but the latest surveys show that Trump’s policies are clearly reverberating throughout the economy, affecting inflation, hiring and many companies’ finances — all while consumers try to figure out whether to spend now or wait until later.

We look at the latest on President Trump's economic policy: Tariffs, deals, and of course, the massive spending bill which is now before the Senate. President Trump's big tax-cutting bill is on ...

The CBO analysis says Trump's tariffs over the next decade would reduce deficits by $2.8 trillion while also curbing economic growth by 0.6 percent.

The legislation that Republicans are trying to push through Congress could swell the very fiscal imbalance that party leaders have promised to tame for years.

The tax-cut and spending bill, also known as the "Big and Beautiful Bill," is part of Trump's core agenda and includes a series of economic measures such as eliminating tax credits for electric vehicle consumers, increasing investment in border security, and lowering corporate and personal tax rates.

More than 575,000 Kentuckians, including 225,000 kids, receiving food assistance through the federal SNAP program are estimated to be impacted by Trump’s “Big, Beautiful Bill.”

Mr Sachs emphasised that trade deficits occur when a country, in aggregate, spends more than it produces. He lambasted Mr Trumps understanding of the issue, saying, "It is dramatically wrong and oversimplified to the point of being ridiculous.

The president shifts blame for slow trade talks and economic warning signs while former top ally Elon Musk trashes his signature agenda bill.