President Donald Trump’s use of tariffs in his second term defies many historical norms, say economists and historians.

Tariffs don't directly cause interest rates to rise, but they might be part of the recipe. Learn if rates will go up, and ...

CFR President and former U.S. Trade Representative Michael Froman analyzes the potential economic consequences and broader ...

Trump’s executive order on tariffs on Chinese products is a blanket 10 percent tax on everything coming in from the country. His proposed plans for Canada and Mexico are similarly broad: everything ...

For example, in February 2025, President Trump implemented a 25% tariff on imports from Canada and Mexico and a 10% tariff on imports from China. There's also a 10% tariff on energy resources from ...

One reason governments use tariffs is to protect domestic industries. However, tariffs can have downsides, including reducing the purchasing power of consumers.

China hits back with export controls, Canada and Mexico remain under threat. USPS closes then reopens "de minimis" small ...

Suppose, for example, that the U.S. government levied a new 10% tariff on cars imported from Japan. The tariff would push the price of a $50,000 Japanese vehicle to $55,000. So, because the ...

Are tariffs inflationary? Who will shoulder the increased cost? Will tariffs cause a recession? How do tariffs affect ...

Tariffs on U.S. goods and services may complicate the Federal Reserve’s decision making as market expectations for 2025 ...

As tariffs on China take effect — and possible tariffs on Mexico and Canada loom — you may be wondering if it would be smart ...

President Trump announced his plan to implement reciprocal tariffs on foreign imports, hoping to shrink the U.S. budget ...