News

OECD forecasts a sharp economic slowdown and higher inflation in the U.S., citing tariffs
U.S. economic growth is likely to "slow markedly" this year and next, due to tariffs and uncertainty under the Trump ...
US trade deficit narrowed significantly amid Trump's tariff escalation
Trump touted the tariffs as an effort to slash the nation's trade deficit, which the president has said he considers a threat to the nation's economic prosperity. Many economists disagree, however, ...
US Congress budget office sees economic output falling from Trump tariffs
U.S. economic output will fall as a result of President Donald Trump's new tariffs on foreign goods that were in place as of ...
U.S. doubles tariffs on steel and aluminum to 50%
A U.S. tariff on imports of steel and aluminum took effect Wednesday, doubling to 50% and casting a pall on a gathering of ...
Trump's Tariffs Would Cut US Deficits by $2.8T Over 10 Years and Shrink the Economy, CBO Says
President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the ...