Senior aide Peter Navarro is a driver of the idea inside the White House. He pushed for reciprocal tariffs during Trump’s first term.

[1] These calculations assume an average real GDP growth of 1.9 percent annually and that tariffs are additive.

Speaking at the 2025 Texas Economic Outlook event, Orrenius, vice president and senior economist at the Federal Reserve Bank ...

In a vacuum, a 10 percent tariff on all of the roughly $3 trillion in goods imported by the U.S. would yield $300 billion. But that calculation doesn’t factor in that a 10 percent tax would be ...

With an average sales price of $45,000 per vehicle, the total value of auto imports exceeded $2.6 trillion, according to their calculation. The 25% tariff could add billions in costs to automakers ...

: President Trump and Prime Minister Trudeau have paused tariffs for at least 30 days. Canada will implement its $1.3 Billion Border plan, ...

Shares in export-oriented companies from healthcare to retail crashed on Monday as the US president vowed to expand his trade ...