It Is Happening Every Day, Every Where
A White House trade adviser projected that tariffs would raise about $6 trillion over the next decade. But raising so much revenue for the government conflicts with the administration’s goal of reshoring manufacturing.
Treasury Secretary Scott Bessent argues that the American dream is about more than cheap televisions, but inflation-weary consumers might disagree.
The Trump administration has discussed providing financial aid for farmers who may be subject to retaliation by America’s trading partners.
Trust is very hard to build and easy to destroy. America and its partners are caught in a spiral of distrust.
The president said he “couldn’t care less” if automakers rose prices in response to planned tariffs, reasoning that buyers would choose U.S.-made cars over foreign brands.
President Trump said he could impose tariffs on nations that buy oil from Russia if it thwarts negotiations for a peace deal in Ukraine. He suggested the same step was possible for Iran.
A region near the Canadian border, whose mines provide most of the new ore used in producing domestic steel — and cars — has a lot at stake as trade wars intensify.
President Trump told NBC News he would not fire anyone involved in a group chat that inadvertently disclosed plans for U.S. airstrikes to a journalist.
Without advance notice to Canada, the U.S. president put the auto industry into turmoil with a 25 percent tariff.
The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February.