Trump slashes tariffs on India
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Despite a sharp rise in U.S. tariffs under President Donald Trump, the economy has continued to grow, surprising economists and reshaping views of trade policy's impact.
Several large American manufacturers are thriving despite the threat of higher costs. Smaller ones are struggling.
Vice President JD Vance announced a new push on Wednesday to create price stability in the market for critical rare earth minerals.
In 2024 Bessent wrote: “Tariffs are inflationary and would strengthen the dollar.” He denied this before the House Financial Services Committee.
When the Supreme Court granted an unusually quick hearing over President Donald Trump’s tariffs, a similarly fast resolution seemed possible.
Five charts show the impact on the economy after a year of sweeping trade changes by the Trump administration.
President Donald Trump said that he was hiking tariffs on imports from South Korea, complaining that "South Korea's legislature is not living up to its deal."
Companies in the S&P 500 may be on track to report the highest net profit margins in at least 15 years, suggesting tariffs aren't harming industry.
Levies on imports were supposed to bring back a golden age of U.S. manufacturing. They haven’t worked, so far.