This was CNBC's coverage on Aug. 1 of U.S. President Donald Trump's announcement of modified tariffs against dozens of America's trade partners. What you need to know President Donald Trump signed an ...
One economist called the calculations "extraordinary nonsense." When President Donald Trump announced his controversial tariffs on virtually every trading partner in the world, he repeatedly called ...
Tariffs by themselves will not send the U.S. economy into recession, though they will hurt the economy by a small amount. Almost all economists, including me, believe they are poor economic policy, ...
Throughout history, governments have imposed tariffs to protect their domestic industries from foreign competition, with the goal of preserving jobs and promoting local manufacturing and services.
Tariffs by themselves will not send the U.S. economy into recession, though they will hurt the economy by a small amount. Consumers will have less purchasing power. They may spend more dollars, but ...