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WASHINGTON (AP) — For months, American consumers and businesses have been hearing that President Trump’s massive import taxes – tariffs – would drive up prices and hurt the U.S. economy. But the latest economic reports don’t match the doom and gloom: Inflation actually eased last month, and hiring was solid in April.
Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” announcement.
The United States may impose regional tariffs rather than issue blanket ones as a deadline approaches for racing a global plan, Treasury Secretary Scott Bessent said Sunday.
It's hard to keep track of when tariffs start; some are already here, and President Donald Trump has floated more.
Trump administration live updates: Trump says Russia, Ukraine to begin ceasefire talks 'immediately'
President Donald Trump said over the weekend that he would speak to Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy today to try and negotiate a peace deal to end the three-year-long war.
Duffy is the second member of Trump’s cabinet who sold securities shortly before the president’s tariff announcements sent markets plunging. A spokesperson for Duffy said an account manager made the trades and that Duffy had no input on the timing.
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Explícame on MSNTrump's pause on China tariffs prompts companies to make 'panic' purchasesChina trade war, President Trump announces a 90-day tariff reduction, prompting U.S. companies to engage in 'panic buying'.
Companies that make ammunition in the Bosnian city of Gorazde fear they may not survive the tariffs imposed on the goods that they send to their biggest market — the United States.