The Trump administration's 15% tariff on European imports is set to raise prices for American consumers. While this is a reduction from the initially threatened 30%, it still marks a significant increase from the previous average of 1.

The U.S. stock market has shown relief the tariff rates aren’t as high as Trump initially threatened in April and hope for a sense of stability going forward. Trump maintains the tariff revenues will whittle down the budget deficit and help whip up domestic factory jobs, all while playing down the risks of higher prices.

Donald Trump plans new import tariffs from August 1. A study says this may hurt US manufacturers. Costs could rise by 2% to 4.5%. This may lead to wage stagnation or layoffs. Trump says tariffs will boost US manufacturing.

The Trump administration's tariff strategy aims to secure better trade deals, but experts warn of inevitable consumer price hikes. As tariffs on steel, aluminum, and other imports increase, the cost of essential goods is set to rise,

President Donald Trump's tariff policies have created global economic uncertainty since taking office. A timeline of key actions reveals rising tariffs on Mexican, Canadian, and Chinese imports, causing market chaos and affecting worldwide trade relations.

Britain set for minor boost as world economy growth forecast upgraded despite Trump tariffs - The IMF said the global economy would be more resilient than it expected in May

On April 2, 2025, President Donald Trump declared a 10 percent tariff on all imports, effective on April 5, with additional country-specific tariffs set to commence on April 9. The announcement ...

The on-again and off-again tariffs that President Donald Trump has been imposing and then rescinding on other countries has created uncertainty in agricultural markets worldwide and is affecting ag pr

CNBC’s Jim Cramer warned that Trump tariffs are starting to hurt consumers after UPS, Whirlpool, and Stanley Black & Decker reported “jarring quarters.”

Trump, however, indicated that he could decrease tariffs on China as a bargaining chip for the sale of TikTok, which must divest from parent company Byte Dance and find a U.S.-based owner by April 5.