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What’s ahead for U.S. economy as global market reacts to Trump’s tariffs
The Congressional Budget Office released an analysis of the impact of President Trump’s tariffs. It projects current policies would reduce the deficit by $2.8 trillion over the next decade, but raise inflation and shrink the size of the economy.
What to expect as Trump's steep tariffs take effect
President Trump's 50% tariffs on foreign steel and aluminum took effect Wednesday. Meanwhile, Mr. Trump is expecting to speak with Chinese President Xi Jinping later this week about trade. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the latest economic data,
In the aftermath of steel and aluminum tariffs during Trump's first term, major appliances showed price increases of between ...
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How Trump's new 50% tariffs on steel, other metals could hike your grocery billPresident Donald Trump's 50% tariffs on steel, aluminum and other metal imports are now in effect. They're expected to impact ...
President Trump campaigned on the promise that he would lower prices, including food prices. But his decision to double ...
President Trump has officially hiked tariffs on aluminum and steel to 50% – despite growing warnings that his aggressive ...
Tariffs on steel and aluminum doubled to 50 percent Wednesday, adding higher costs and new uncertainty for businesses across the country that rely on metal imports for machinery, construction and ...
Nonpartisan Congressional Budget Office estimates that Trump's tariffs would shrink the economy and add to inflation while reducing the federal deficit by $2.8 trillion.
President Trump is pushing for trade deals while he is set to sign an order doubling tariffs on steel and aluminum. Meanwhile, his trade war is causing the global economy to slow, with growth now ...
Tariff increases threaten the US economy and health care costs, impacting managed care affordability and member financial ...
Building costs rose in the first quarter of 2025 by more than any four-month period in 2024, one cost index found.
Inflation in the 20 countries that use the euro fell to 1.9% in May from 2.2% in April, helping clear the way for more ...
The tech billionaire has suddenly fallen out with Donald Trump, and the two are jousting on social media.
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