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.

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

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

The U.S. has announced tariffs on Canada, China and Mexico. But you need to understand what they are, to prepare for what ...

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 ...

Consumer electronics, electrical equipment, and textiles and apparel are among the top categories of goods imported into the ...

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

The bond market has already begun pricing in the potential for higher interest rates. Even the day after Trump’s election ...

Strong holiday retail sales were driven by both consumer optimism and fears of future price hike. A similarly complex picture ...

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