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Trump, tariffs

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USA TODAY |
The new tariffs are expected to reignite inflation, hammering consumer spending, which makes up 70% of economic activity.
USA Today |
President Donald Trump on Wednesday announced a 10% tariff on all imports but even higher rates on dozens of trading partners including China, India and the European Union.
USA Today |
The biggest damage from tariffs often comes from retaliation. Even before Wednesday's announcement, nations pledged to fight back.

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Political expert warns Trump's tariff strategy could lead to inflation
A local political scientist explains what President Donald Trump predicts will happen with global tariffs. Western Carolina University Political Science Professor Dr. Chris Cooper said Trump's favorability numbers have slipped.
Trump's sweeping tariffs could mean a US recession, much higher inflation: Economists
The most far-reaching version of Trump’s strategy would raise the effective, or average, tariff on U.S. imports to about 20%, comparable to the heavy import duties the nation imposed in the 1930s and that contributed to the Great Depression, Zandi said. Before Trump took office, the average U.S. tariff rate was about 3%.
Higher inflation, shaky markets: What to expect from Trump's tariff policies, according to economists
Economists, market watchers and consumers alike are still trying to understand the implications of President Donald Trump's announcement on Wednesday of sweeping new tariffs.The plan, part of Trump's "Make America Wealthy Again" initiatives,
What is a reciprocal tariff? Breaking down Trump's tariff strategy
President Donald Trump said he'll be rolling out reciprocal tariffs. Here's what that means for the U.S. and its global trading partners.
What is a reciprocal tariff? What Texas lawmakers had to say about Trump's new tariff plan
Trump said he is imposing additional tailored tariffs on about 60 countries that contribute the most to the U.S. trade deficit.
Thursday Briefing: Trump’s Global Tariffs
Trump announced sweeping global tariffs. President Trump unveiled yesterday his most expansive tariffs to date, hitting all of the U.S. trading partners except Canada and Mexico w
Trump tariffs aimed at helping U.S. firms could bring higher prices and lost exports. What to know
Trump said tariffs will force other countries to lower their own rates on U.S. goods and services. But other nations are planning to retaliate.
Trump announces sweeping new tariffs to promote US manufacturing
President Donald Trump on Wednesday announced far-reaching new tariffs on nearly all U.S. trading partners — a 34% tax on imports from China and 20% on the European Union, among others — that threaten to dismantle much of the architecture of the global economy and trigger broader trade wars.
Trump announces tariffs to 'make America wealthy again'
Donald Trump announces reciprocal tariffs to "make American wealthy again." Frank Luntz discussed the impact of the New Jersey senator’s marathon 25-hour speech. Despite the president’s false claims,
Richard Branson pleads for Donald Trump to realise ‘mistake’ of his tariff chaos
Richard Branson pleads for Donald Trump to realise ‘mistake’ of his tariff chaos - ‘Courage and self-awareness are cornerstones of true leadership – that includes acknowledging errors and making corrections,
What’s Happening With Trump Tariffs? Updates for April 2025
April 2, 2025: Trump's Tariff' Liberation Day": Trump announces sweeping tariffs on almost all countries at half the rate the administration claims they charge the U.S. Some Senate Republicans join Democrats in a vote to invalidate Trump's tariffs on Canada.
Trump is about to test whether the Fed learned its inflation lesson
In 2021, as the US economy recovered from the pandemic, consumer prices began to creep higher. Federal Reserve officials said then that rising inflation would only be “transitory.”
Federal Reserve Chair Powell Warns of Persistent Inflation Amid Trump's Tariff Strategy
In a session addressing business journalists, Jerome Powell emphasized that the tariffs introduced by Trump could result in higher inflation and slower economic growth. He noted that the Federal Reserve had previously viewed the economy as being in a favorable position,
Trump may have just ended globalization as we know it
The United States is abandoning the economic system that made it rich and powerful, gambling that it can become more prosperous waging a global trade war.
'Trump 2.0 is engineering chaos...': Compcircle's Gurmeet Chadha calls it strategy to 'fix own house'
Gurmeet Chadha, Managing Partner & CIO at Compcircle, sees Donald Trump’s latest tariff salvo as more than a trade tactic — it’s economic triage. “Trump 2.0 is engineering chaos to reduce interest rates,
The Latest: Trump’s Tariffs Slam World Markets in the Biggest Blow Since the Pandemic Hit in 2020.
Asian shares slid further Friday after U.S. President Donald Trump’s tariffs sent shudders through Wall Street at a level of shock unseen since the COVID-19 pandemic pummeled world markets in 2020
There’s a high cost to Trump’s tariffs: Our allies’ trust
Trading is all about long-term partnerships. With sweeping tariffs, Trump is walking back on the U.S.’s commitments.
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