They failed to see that the most serious consequences would instead be in the area where Trump often showed the most interest: global trade and economics. Unlike many other areas of his new presidency,

President Trump is going full bore on tariff hikes, aiming for a fundamental transformation of the economy. The stakes are huge for U.S. businesses and the stock market.

President Donald Trump’s wide-ranging tariffs could slam US households for an extra $3,800 this year as the new levies cause inflation to spike, according to a new report. The president on Wednesday unveiled a reciprocal tariff plan including a 10% baseline tax on all imports and higher rates for certain trade partners – like a 54% total tax on China.

KEY TAKEAWAYS President Donald Trump enacted a 25% tariff on all cars made outside the United States Thursday, which could make it harder to afford already expensive car payments.Many Americans have problems affording their monthly car payments,

Trump's plan, introduced this week, proposes a 10 percent baseline global tariff on imported goods, with higher rates for specific countries.

President Donald Trump urged the Federal Reserve on Monday to lower interest rates after the U.S. central bank last week kept them unchanged.

During President Trump's first term in the White House, the Dow Jones, S&P 500, and Nasdaq Composite respectively soared by 57%, 70%, and 142%. Investors are hoping another round of corporate income tax cuts, coupled with deregulation, will lead to an encore performance for the stock market.

Stocks plunged Thursday, turning in their worst performance since early in the Covid pandemic, as market participants reacted to President Donald Trump's announcement of wide-ranging tariffs against nearly all U.

And there's been a lot of pressure on the Federal Reserve to lower its benchmark ... That’s not sitting well with President Donald Trump, who has made it clear that he’s looking for the ...