The tariff policies risk causing an economic slowdown as consumers and businesses could face sharp price hikes on autos, clothes and other goods.

"I cannot think of another president in my lifetime who … knocked down the stock market simply by opening his mouth."

House Minority Leader Hakeem Jeffries (D-NY) dubbed Wednesday "Recession Day" ahead of President Donald Trump's scheduled announcement regarding tariffs.

A family business in Ottawa that makes special shoulder rests for violins is imperiled by both Trump’s tariffs on Canada and potential Canadian retaliation.

The U.S. economy expanded at a healthy annual 2.4% pace the last three months of 2024, supported by a year-end surge in consumer spending.

Uncertainty about the tariffs to be applied and possible retaliation from its trading partners is already having an impact on the economy

Weak population gains and higher government spending could hamper growth over the next 30 years, the CBO said Thursday.

US President Donald Trump says that the United States will implement a “discounted” 30% tariff on South African imports.

Meanwhile, tariffs on imported autos are to go into effect on Wednesday. While economists predict Trump's tariffs will raise prices in the U.S., Trump told reporters Sunday that automakers "are going to make a lot of money," suggesting the measures would encourage companies "to build in the United States."

President Trump is entering a critical week for the economy amid growing fears that his penchant for tariffs could stall growth and undercut progress on inflation. Trump has described Wednesday as

South Africa is strategically positioned, making it an important geographical location for superpowers like the United States and China.