President Donald Trump’s tariffs are set to knock trillions of dollars off world GDP, fresh forecasts suggest, as businesses reel from major disruption to global trading patterns. A spate of new ...

Economist Art Laffer explained on Fox Business Monday that tariffs do not drive inflation and said that the economic impact ...

Joe Biden kept some of these tariffs, but Mr. Trump’s latest round pushes our current rate to around 15 times its 2016 level, and so squaring that, it’s 225 times more painful.

All told, the average trade-weighted tariff (which adjusts for quantities shipped) charged by the 15 largest U.S. trading partners is 6.7%, compared with the roughly 2.6% average the U.S. imposes ...

One called it a “kindergarten-level understanding” of international trade. Going off-script, he said: “So, this tariff policy looks like it’s basically resting on made-up numbers.” ...

The lowest tariff levied is 10%, while the highest is 50% on French territory Saint Pierre and Miquelon. Longtime U.S. allies have a higher rate (for example, a 24% rate for Japan and 20% for the ...

Investing.com -- A recent report by Capital Economics has stated that tariffs are more impactful for Canadian markets than the upcoming election. The report suggests that the outlook for Canadian ...

Mr. Neiman was a Biden administration Treasury official who co-wrote trade-related academic research cited by the Trump White House. My first question, when the White House unveiled its tariff ...

Ahead of the release of the May jobs report, more companies are replacing workers with AI, compounding a tough job market and hurting recent grads.

Harvard Economics professor N. Gregory Mankiw, also a former chairman of the President’s Council of Economic Advisors, said the Wednesday announcement of sweeping tariffs was “nothing short of ...

How Trump's reversals on tariffs could impact the economy Economists look for signs that a recession may be approaching by monitoring consumer confidence and business sentiment — two indicators ...