U.S. consumers are bearing 55% of the cost burden of tariffs already, according to recent Goldman Sachs data reported by NBC News (5). S&P Global, meanwhile, says that only about one-third of Trump’s tariffs will be covered by companies, with the rest of the cost burden falling onto consumers. And that’s a conservative estimate.

President Donald Trump announced new tariffs on cabinets, saying he wants to bring furniture businesses back to the Carolinas and Michigan.

While the government is still shutdown for a third week, there's been talks about getting a fourth round of stimulus checks from President Trump and a member of Congress.

Beef ranchers in America, already reeling from several bad years, are concerned that President Trump's new beef tariffs will do more harm to them than good.

If the Trump administration wants to use tariffs to fight “persistent” goods trade imbalances, the right statute is Section 122 of the Trade Act, not the International Emergency Economic Powers Act. Section 122 of the 1974 Trade Act lets the president impose a temporary import surcharge “in the form of duties” to “restrict imports” — explicitly,

Scarborough slammed the Supreme Court for “allowing” Trump to “twist” tariffs into a “hammer” before demanding that justices “actually get into the game.”

Trump was elected in part to bring down the costs of goods and services; he can start by getting rid of his tariffs, no matter what he calls them.

President Trump announced Saturday that he is raising U.S. tariffs on Canada by an additional 10% in response to the continued airing of an anti-tariff advertisement created by the local government of the Canadian province of Ontario.

Ontario's premier bragged Monday about the impact of his antitariff ad that prompted U.S. President Donald Trump to end trade talks with Canada. Premier Doug Ford said the ad had over a “billion impressions around the world” and “generated a conversation that wasn’t happening in the U.

Treasury Secretary Scott Bessent defended President Trump's harsh response to an ad that the Canadian province of Ontario ran featuring Ronald Reagan in opposition to Trump's tariffs. "This is a kind of propaganda against U.