In a car market where consumers are extremely sensitive to prices, the addition of a 25 per cent universal export tariff could have a distorting effect, according to an auto sector analyst. U.S.

Criminals can quickly move large sums of money across borders by fraudulently manipulating the price, quantity, or quality of goods or services on invoices submitted to customs.

The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the euro zone cuts ...

Manitoba is one of Canada's biggest hog producers with millions being annually shipped to, and processed in, the U.S. The threat of tariffs being levied on Canadian goods, including the agriculture ...

The auto industry’s not just a big part of Michigan’s economy, it’s also a significant driver of economic development across ...

Washington Post staff tried to separate what is happening from what is not, and to explain what may happen in the future.

A Tax Foundation report found tariffs Trump implemented in his first term have kept prices “ unreasonably high ,” tariffs former President Joe Biden maintained. And a report from the Urban Institute’s ...

WASHINGTON — The White House on Wednesday rescinded a far-reaching memo ordering a freeze to many federal disbursements — after a judge paused the order Tuesday evening. “OMB Memorandum M-25-13 is ...

Economists say Trump’s second-term tariffs, if carried out as promised, could put even more downward pressure on the economy, because he’s framed them as across-the-board, rather than targeted to ...

Jerome Powell said the Fed has little clue on how potential Trump tariffs will affect the U.S. economy or the inflation rate. "I don't want to start speculating, tempting as it is, because we really ...

Analyzing the impact of tariffs and restrictions on high-tech exports to China, and the potential unintended consequences for the US.

Trump has promised to enact strict tariffs on major trading partners, and economists said businesses are likely trying to get ahead of any potential effects.