President Donald Trump's use of tariffs in his second term defies many historical norms, say economists and historians.

President Donald Trump’s use of tariffs in his second term defies many historical norms, say economists and historians.

One reason governments use tariffs is to protect domestic industries. However, tariffs can have downsides, including reducing the purchasing power of consumers.

President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.

Key Takeaways U.S. trade representative nominee Jamieson Greer spoke before the Senate Finance Committee on Thursday as a ...

President Donald Trump in his inaugural speech credited President William McKinley for making the United States “very rich” through tariffs.

For example, in February 2025, President Trump implemented a 25% tariff on imports from Canada and Mexico and a 10% tariff on imports from China. There's also a 10% tariff on energy resources from ...

Suppose, for example, that the US government levied a new 10% tariff on cars imported from Japan. The tariff would push the price of a $50,000 Japanese vehicle to $55,000. So because the Japanese ...

Are tariffs inflationary? Who will shoulder the increased cost? Will tariffs cause a recession? How do tariffs affect ...

Tariffs have made headlines in recent days with higher duties in the works for Mexico, Canada and China. How does Arizona fit ...

Tariffs on U.S. goods and services may complicate the Federal Reserve’s decision making as market expectations for 2025 ...

Tariffs have been a hot topic over the past two weeks. The number one uncertainty is if those tariffs would be enacted as ...