Scott Bessent had also said that inflation and higher interest rates are unlikely to occur despite the tariffs.

Worries of a trade war and the hit to other countries' economies might be expected to boost the U.S. dollar, but recent weak ...

President Donald Trump launched a trade war Tuesday against America’s three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China and sending ...

Hours after President Donald Trump’s long-threatened tariffs against Canada and Mexico and his hike in levies on China came ...

Consumers are likely to face higher costs for some imported goods, experts say. Here's the potential impact on your wallet.

Trump’s new tariffs are taxes charged on goods imported from other countries and are paid by companies which bring the ...

Trump is proposing an import tariff hiking plan on steroids, accompanied by large tax cuts. There's reason to believe that ...

China announces it will impose additional tariffs of up to 15% on imports of key US farm products, including chicken, pork, ...

Target Chief Executive Brian Cornell said its shoppers would likely see price hikes in its stores "over the next couple of ...

President Donald Trump on Tuesday will address Congress for the first time in his second term, and he’ll do so with an economy that is mostly chugging along.

Travel prices are up 4% versus last year — higher than the average inflation rate. But it's not all bad news. Many or all of the products on this page are from partners who compensate us when ...

Realistically, Trump was never going to bring down prices for US consumers. To do that would be deflationary, and economists ...