President Donald Trump’s use of tariffs in his second term defies many historical norms, say economists and historians.
For example, in February 2025, President Trump implemented a 25% tariff on imports from Canada and Mexico and a 10% tariff on imports from China. There's also a 10% tariff on energy resources ...
Tariffs on U.S. goods and services may complicate the Federal Reserve’s decision making as market expectations for 2025 ...
President Donald Trump's use of tariffs in his second term defies many historical norms, say economists and historians.
It’s hard to say what tariffs will hit when, but it’s safe to assume that when they do, the impact will be monumental. To ...
One reason governments use tariffs is to protect domestic industries. However, tariffs can have downsides, including reducing the purchasing power of consumers.