Even before Donald Trump’s “Liberation Day” tariffs on April 2nd, the median estimate among the 48 who were surveyed by the University of Chicago’s business school was that Mr Trump’s levies would raise inflation in 2025 by 0.

President Donald Trump is hiking tariffs on aluminum and steel as his administration presses countries to speed up trade talks, amid legal battles.

The Congressional Budget Office projected President Trump's tariffs could raise trillions of dollars over the next decade — but they could also lead to higher inflation and slower economic growth.

Winnebago’s stock dropped after the RV maker issued a profit warning and said it was cutting jobs, as the Trump presidency hasn’t provided the retail momentum that was hoped for.

President Donald Trump blamed billionaire Elon Musk's public criticism of the Republican-led spending bill on the decision to eliminate consumer tax credits for electric vehicles. He added that he was unsure if he would continue to have a great relationship with Musk,

President Donald Trump threatened on Thursday to cut off government contracts with billionaire Elon Musk's companies, while Musk suggested Trump should be impeached, turning their bromance into an all-out brawl on social media.

The U.S. trade deficit narrowed significantly in April as President Donald Trump sharply escalated tariffs before pausing a large swath of the levies, U.S. Commerce Department data on Thursday showed.

China and the U.S. have agreed to more tariff talks amid a trade standoff and concerns over rare earths, President Donald Trump said Thursday after a call with China's leader. Trump and Chinese leader Xi Jinping spoke on Thursday at a time when stalled tariff negotiations between their two countries have roiled global trade.

The twists and turns in U.S. President Donald Trump's tariff policies have not only rattled global financial markets but have also taken investors on a roller-coaster ride. Companies are counting the cost of the trade war that is now being estimated at more than $34 billion in lost sales and higher expenses,

President Donald Trump spoke with Chinese leader Xi Jinping on Thursday morning about their ongoing trade war, with Trump saying the two leaders agreed to have their teams resume talks “shortly.” Trump wrote on Truth Social that the call lasted about 90 minutes and focused “almost entirely on trade,