U.S. tariff rates under Trump will be higher than the Smoot-Hawley levels from Great Depression era
Evercore ISI strategist Sarah Bianchi said the new policies put the effective tariff rate above the level of around 20% set by 1930's Smoot-Hawley Tariff...
Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group says
Grocery bills will likely rise as shoppers pay more household staples because of the Trump administration's new tariffs.
The Federal Reserve is not likely to rescue markets and economy from tariff turmoil anytime soon
Should the president hold fast to his tougher-than-expected trade policy, there's a material risk of at least near-term costs.
Reciprocal Tariffs Actually Make Wealthy Americans Even Richer
Reciprocal tariffs will drive up the cost of most goods, making everyday life more expensive for American households. According to Fitch Ratings, the U.S. tariff...
Southwest’s bag fees and other changes could backfire, Fitch warns
The ratings agency put the airline on "negative" outlook, saying the company could become less financially conservative.
Mortgage rates tumble on tariffs, but housing costs still near record high
Mortgage rates fell sharply Thursday, following the Trump administration's tariff announcement, but a huge share of Americans still can't afford to buy a home.
Trump’s 25% auto tariffs are in effect. What investors need to know
CNBC breaks down what investors should know about how the additional levies will impact individual vehicles and automakers.
Stellantis idles plants in Mexico and Canada due to tariffs
Stellantis said it is pausing production at the automaker's Windsor Assembly Plant in Ontario, Canada, and its Toluca Assembly Plant in Mexico.