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.

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,

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.

Chicago Federal Reserve Bank CEO Austan Goolsbee discusses economic uncertainty ahead of President Donald Trump's 'Liberation Day' tariffs on 'Special Report.'

Donald Trump has been warned that his "Liberation Day" tariffs could end up costing the average US household $4,200 (£3,235) a year. A broad 20% tariff would send consumer prices soaring by 2.1% to 2.

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

The S&P 500 and Nasdaq had their worst losses since 2020 while President Trump said his tariff plan is "going very well." The jobs report and Fed chief Jerome Powell loom.

Donald Trump is expected to announce sweeping tariffs on what he's been calling "Liberation Day." Here's what we know.