Key moments, reaction to Trump's announcement of new tariffs
President Trump announced new reciprocal tariffs on Wednesday, which he dubbed "Liberation Day."
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President Trump announced new reciprocal tariffs on Wednesday, which he dubbed "Liberation Day."
As President Trump prepares to unveil new tariffs, businesses in the Philadelphia area say their prices could rise.
President Trump plans to announce a new slate of tariffs Wednesday, and business owners in Pennsylvania and New Jersey say the new levies could mean higher prices for consumers in the Philadelphia area.
Philadelphia breweries are bracing for financial strain after President Trump's 25% aluminum tariffs went into effect Wednesday.
Small breweries across Philadelphia are bracing for financial strain as new aluminum tariffs take effect.
Restaurant owners in Philadelphia are preparing for the impact of President Trump's recently imposed tariffs on imports from Canada, Mexico and China.
Robert Fry, an economist based in Delaware, said the United States could go into a recession if President Trump's tariffs on Mexico and Canada continue.
As Canada and Mexico make plans for reciprocal tariffs on U.S. goods, Canadian Prime Minister Justin Trudeau calls President Trump's move "a very dumb thing to do."
Canada, Mexico and China are hitting back with retaliatory tariffs. The moves raised fears of higher prices for U.S. consumers and a trade war.
Rob Wilson said, tariffs or not, the markets will always fluctuate, and he recommends not making any sudden moves.
Americans are watching their wallets to see what happens with President Trump's newly imposed tariffs and relations with U.S. trading partners.
President Trump said Monday that he has decided to move forward with 25% tariffs on nearly all goods imported from Mexico and Canada, after taking a month for aides to negotiate a potential reprieve.
Canadian Prime Minister Justin Trudeau announced that Canada would respond with 25% tariffs "against $155 billion worth of American goods."
China says it will counter President Trump's tariffs on Chinese products with tariffs of its own on multiple U.S. imports. It also announced an antitrust probe into Google and other trade measures.
President Trump is pausing tariffs targeting imports from Mexico and Canada for a month after the two countries agreed to beef up border security.
The Canadian prime minister earlier cautioned that imposing sweeping tariffs on Canadian products would only raise prices for Americans and hurt American businesses.
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
President-elect Donald Trump threatened to impose new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs.
