President-elect Donald Trump has announced plans to impose a sweeping 25% tariff on goods imported ... More U.S. supply wouldn't help," explained Patrick De Haan, head of petroleum analysis ...
Several independent studies have found that if Trump implements an across-the-board tariff and increases duties on Chinese-made goods, it would raise costs for the average middle-class family, with ...
Although Congress typically oversees tariff and tax policy, Trump has broad executive authority to impose tariffs for national security reasons. That’s how he justified slapping tariffs on ...
On the campaign trail, Vice President Kamala Harris and others repeatedly likened Trump’s tariff plan to a national sales tax that would raise prices on middle-class families by almost $4,000 a ...