Trump's Tariffs Cost the U.S. Economy $1.4 Billion Every Month
New study shows U.S. consumers pay every dollar of the tariffs, which have also damaged supply chains and the availability of goods.
New study shows U.S. consumers pay every dollar of the tariffs, which have also damaged supply chains and the availability of goods.
Any deal will be better than the current mess, which is largely of Trump's own making.
Trump's tariffs keep harming American businesses and consumers.
Trump could destroy American jobs and America's relationship with Germany at the same time.
American cars with foreign parts will suffer too.
Steel manufacturers spent $12.2 million lobbying the federal government in 2018, an increase of nearly 20 percent over the previous year.
There are dueling bills in front of Congress, both backed by Republicans. One would expand Trump's tariff authority, while the other would check it.
Nonsensical protectionist policies won't make the country great again.
A bipartisan, bicameral proposal would stop Trump from using the tired "national security" excuse to justify his protectionist trade policies.
Because of tariffs, Ford hourly employees will lose out on $750 they would have otherwise received.
Dow Jones skyrockets on news that Steve Mnuchin is leading behind-the-scenes effort to reduce tariffs on China.
And it's not a record low. That's fine, but it's not what the president said would happen.
Regardless of the president's Twitter bravado, this year has provided a painful lesson in how tariffs grow government and hurt the economy.
The Trump administration's response to a lawsuit challenging steel tariffs is a deeply un-conservative argument for greater executive power.
Today, the U.S. Court for International Trade will hear a challenge to the "national security" rationale Trump used to impose those tariffs in June.
New study argues the tariffs have boosted employment, but doesn't examine the costs of President Donald Trump's protectionism.
They are also sapping economic growth, reducing wages, and lowering employment. Winning!
Tuesday's tweets demonstrate that Trump still doesn't understand that Americans, not foreigners, are paying his tariffs.
The U.S. rose four places in the International Tax Competitiveness Index, and this just the latest bit of good news.
Saturday's deal seems to be a strategic retreat by the Trump administration.
Political finger-wags at the boardroom is a good sign that the lowly taxpayer is about to take it in the shorts.
Trump's rally promises won't happen because of Trump's trade policies
The Dow Jones has lost 500 points since President Donald Trump launched his trade war.
Dozens of business and trade groups say the ongoing steel and aluminum tariffs will "create impediments" to congressional passage of Trump's USMCA.
White House advisors are worried that "he could get impatient one day and force their hand like he did with the steel and aluminum tariffs."
Warren is criticizing a fundamentally unfair process, but only because she wants the outcomes to be slightly different.
The specter of mercantilism rises from the dead!
Nucor's stock price is down 16 percent since August. Executives say the fourth quarter will be even worse.
Trump suggests the tariffs are a fiction invented by CEOs, using the president as a scapegoat. But maybe he has a point?
Ford expects to lose $1 billion due to higher steel prices, while Caterpillar's stock dropped sharply this week after it said tariffs cost it $40 million.
But who, exactly, will be suffering?
The president's agenda hurts American consumers and businesses.
It's like trying to plunge lasagna out of your kitchen sink.
Tariffs on aluminum, silicone, and dyes are already causing pain for toymakers, and the prospect of additional tariffs is anything but fun and games.
Trump says tariffs aren't hurting the economy, new steel plants are opening up, and some stuff about Canada. It's all wrong.
Soybean prices have fallen as much as 30 percent since planting season, and harvest is fast approaching.
The GOP's willingness to follow Trump down an anti-trade cul-de-sac risks alienating voters who could be crucial on the margins of close races.
Walmart warns the Trump administration it may be forced to raise prices in response to tariffs.
The unseen consequences of the trade war matter as much as the more visible.
Chinese entrepreneurs worry that the trade war will "put them in the Communist Party's crosshairs," and make further market reforms politically difficult.
If Trump presses ahead with plans to tax all Chinese imports, the added costs would cancel out the economic benefits of last year's corporate tax cut.
The only goal of tariffs is to change consumer behavior. If consumers won't notice the costs, the tariffs have already failed. Or maybe Ross is lying.
The president's economic agenda is harming American businesses and consumers.
The president believes "TRADE IS BAD!" These firms would beg to differ.
The Chinese tariffs have clobbered the lobster market, with prices falling to two-year lows.