General Motors reveals that the Trump administration's tariffs will cost it $4-$5 billion this year, prompting a drastic cut in earnings projections. The auto giant's CEO, Mary Barra, warns of broader economic implications as tariffs loom over the industry.
President Trump's tariffs could lead to fewer and costlier products for American families, as he insists China will bear the brunt of the trade war. With a shrinking economy and rising tensions, the impact on everyday life is becoming evident.
The latest economic report reveals that the U.S. economy contracted in the first quarter, highlighting the significant effects of Trump's tariffs on businesses and consumer confidence amidst rising uncertainty.
In a surprising move, China has exempted some U.S. imports from steep tariffs, hinting that the trade war may be easing. However, Beijing contradicts claims of ongoing negotiations with Washington.
The US has announced unprecedented tariffs up to 3,521% on solar imports from Southeast Asia, marking a significant victory for local manufacturers. This move is part of a trade investigation that could reshape the renewable energy landscape.
Get the latest updates on Trump's presidency as we delve into new tariffs on Chinese imports, a brewing feud with Harvard, and significant job cuts across federal agencies. How will these changes impact you?
Boeing's delivery of jets to China faces turmoil as a jet returns to the U.S. amidst escalating tariffs. The situation raises concerns over future aircraft imports and industry stability.
President Trump expresses confidence in finalizing a trade deal with Europe before the 90-day tariff pause ends, emphasizing fairness and unity with Italian Prime Minister Meloni. Could this be the breakthrough we’ve been waiting for?
Game consoles like the Nintendo Switch 2 and PlayStation 5 will face a steep 145% tariff on imports from China. Find out how this affects prices and production timelines, and what it means for gamers.
In a recent NBC News interview, trade adviser Peter Navarro expressed confidence in President Trump's tariff strategy, highlighting the potential for significant trade deals during a crucial 90-day pause on higher tariffs. With over 75 countries eager to negotiate, what does this mean for the American economy?
