Trump, Tariffs
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President Donald Trump’s vows to roll out punishing new tariffs on Aug. 1 have barely made a ripple with investors who are convinced he’ll once again back down. But at the White House, officials insist they’re serious this time.
With inflation creeping back into the US economy, it's as important as ever to have a firm grasp on Donald Trump's tariffs and what they mean.
The Trump administration could send more tariff letters or reach new trade agreements before the start of August, White House Press Secretary Karoline Leavitt said Monday. That's when the pause on Trump's so-called reciprocals tariffs are set to expire.
PorterYachts teams with the Ben Hotel to offer luxury yacht experiences, with CEO Brian Blouin stating that recent tariffs haven't affected charter business.
President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday. Sales in North America plunged 16% due primarily to U.S. tariffs, said Volkswagen, which owns a host of brands including Audi, Lamborghini and Porsche.
President Donald Trump said he is considering rebates to US taxpayers from billions in tariff revenue flowing into the country.
The world's second-largest carmaker slashed its 2025 guidance for revenue, margins, and cash citing Q2 headwinds from U.S. import duties totalling roughly $1.4 billion.
Trump has sent letters to leaders of dozens of countries outlining the tariff levels set to begin on Aug. 1. In recent months, Trump has rolled back some of his steepest tariffs, meaning delays could be possible in the case of the Aug. 1 deadline. The Trump administration appears to have stood largely behind the deadline in recent days, however.
A sprawling $2.5 billion project to renovate the central bank’s headquarters in Washington has become the focal point of attacks from the Trump administration.
In a research note, Deutsche Bank analysts contradicted the White House’s assertions that foreign exporters are on the hook for Trump’s tariffs.
National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News' "This Week."