Will Trump's tariffs lower your taxes? Here's what tax experts say.
President Trump says steep tariffs on U.S. imports will lead to lower taxes for Americans. Is he right?
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President Trump says steep tariffs on U.S. imports will lead to lower taxes for Americans. Is he right?
An automotive industry expert says President Trump loves the art of making a deal; and therefore getting a better trade deal is most likely a goal, along with bringing more manufacturing back to the US. However, he also says it's easier said than done.
March saw new car sales rise nationwide, jumping more than 17% from February and nearly 12% from March of last year.
The economy shrank 0.3% in the first three months of the year, a steep downturn from the pace of growth in 2024.
President Trump wants to bring manufacturing back to the U.S. These companies say they're investing in domestic factories.
The drop-off in shipments could lead to empty store shelves this summer as retailers deem China-made goods too expensive to import.
The Trump administration says automakers won't get hit twice by its tariffs, which have applied to both auto parts as well as steel and aluminum.
Amazon said it had considered listing import charges on some products, but said the idea wasn't approved and won't happen.
It looks like President Trump's new tariffs will make strollers and car seats even more expensive. Experts say the vast majority of children and baby gear products are made exclusively in China.
Trump's ratings on economy are lower, but his deportation plan keeps majority support.
Prices on thousands of of goods sold on Amazon, Temu and Shein are rising as U.S. tariffs on China boost import costs.
China has denied President Trump's assertion that the two sides were involved in active negotiations over tariffs.
A group of 12 states is suing the Trump administration over President Trump's tariffs. He claims he can impose them single-handedly due to the Economic Powers Act.
As the Trump administration continues to levy 145% tariffs on goods from China, businesses in Southeast Michigan are now paying a high price to receive their goods from U.S. Customs.
President Trump's steep new tariffs on foreign cars could lead to a sharp decline in U.S. vehicle sales, according to S&P Global Mobility.
What do we know about the idea of pausing the auto tariffs? So there has been no official timeline so far no firm timeline. But President Trump has said that he wants to give automakers time to increase domestic production.
On Friday, U.S. Customs released a bulletin stating Chinese electronics would be excluded from reciprocal tariffs. But then Sunday President Trump posted online there was no tariff exception announced on Friday. Electronics, he said, are moving to a different tier; and furthermore, said new tariff announcements would be made soon.
The exemptions, published late Friday in a notice by the U.S. Customs and Border Protection office, cover various electronic goods, including smartphones.
U.S. businesses are starting to add a tariff fee to customer bills and shopping carts to offset rising import costs.
Consumer sentiment fell sharply in April for the fourth straight month as the trade war fuels worries about inflation and employment.
China says it is raising tariffs on U.S. goods to 125%, escalating the trade war between the two countries.
As Trump leaves China alone in facing high U.S. tariffs, Beijing says "the door to talks is open," but dialogue must come with "mutual respect."
Michigan Gov. Gretchen Whitmer earlier Wednesday delivered a speech while in Washington, outlining bipartisan efforts to grow the economy and boost manufacturing.
The U.S. stock market surged immediately after President Trump announced the pause on most of his new "reciprocal tariffs."
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.
