Tariffs
Trump to place import taxes on drugs, home furnishings and heavy trucks
President Trump said he will put import taxes of 100% on pharmaceutical drugs, 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture and 25% on heavy trucks starting on Oct. 1.
Americans are crazy for shrimp. Much of it came from India — until now
India's shrimp exports to the U.S. were once a success story. Now the industry faces ruin amid President Trump's 50% tariff on imports from the country.
Supreme Court will weigh in on Trump’s tariffs. Here’s what to know about the case
Two lower courts have said some of President Trump's tariffs are unlawful. Now the Supreme Court has agreed to examine the issue.
The U.S. is a major importer of Indian products made from Russian oil
The United States imports oil products from India's Reliance Industries refinery, which sources nearly half its oil from Russia.
Postal traffic to US drops more than 80% after trade exemption rule ends, UN agency says
The de minimis rule that allowed small packages worth less than $800 to be exempt from tariffs ended on Friday, Aug. 29, 2025.
Trump asks Supreme Court to reverse tariffs ruling finding them illegal
The government called on the court to reverse an appeals court ruling that found most of President Donald Trump's tariffs are an illegal use of an emergency powers law.
U.S. tariffs take effect on India, threatening $48.2B in exports
Earlier this month President Trump signed an executive order imposing an additional 25% tariff on India due its purchases of Russian oil, bringing the combined tariffs to 50%.
South Korean President Lee to meet with Trump in Washington on Monday
At a summit meeting in Washington, D.C. on Monday, the U.S. and South Korean presidents will discuss modernizing their 71-year-old alliance and fleshing out a trade deal reached last month.
Boxed in by shifting tariff rules, European shippers pause some U.S.-bound parcels
New customs regulations take effect August 29, and many European postal agencies and companies say until new systems are set up they can't ship some goods. Gifts worth less than $100 are not affected.
Intel will give the U.S. government a 10% stake, Trump says
The president's highly unusual announcement underscores the Trump administration's desire to take control over U.S. businesses.
Canada removes some of its retaliatory tariffs on the U.S.
Canada is dropping retaliatory tariffs to match U.S. tariff exemptions for goods covered under the United States-Mexico-Canada trade pact, Prime Minister Mark Carney announced Friday.
Dependent on foreign sales, U.S. wheat farmers hoping longtime partners stick with them
As President Trump's tariffs kick in, American companies that rely on imports are worried about rising costs and passing them onto consumers. But some U.S. exporters are worried too.
Trump is tightening the screws on corporate America — and CEOs are staying mum
Critics warn that Trump's demands for business leaders to step down, and for the government to take a cut of sales, threaten American-style capitalism.
U.S. and China extend tariff truce deadline for another 3 months
President Trump's executive order extends a reprieve from the threat of rising tariffs between the world's two largest economies.
Trump’s tariff revenue has skyrocketed. But how big is it, really?
President Trump's new tariffs are pouring in. But it's still only a fraction of overall government revenues — and falls short of new spending in the recent Republican megabill.
This Tuscan startup sold all its olive oil in the U.S. Then came Trump’s tariffs
Americans love olive oil — and import 95% of it. But tariffs are making it harder for Europeans to sell it to Americans.
What Trump’s threat to tariff Russia’s trade partners means for India
President Trump said India would pay the price for buying Russian oil and military equipment. Here is a look at how India, with one of Asia's largest economies, is responding.
Automakers are eating the cost of tariffs — for now
Last quarter, tariffs cost the auto industry billions of dollars. So far, that's come out of profits instead of being passed along to buyers. But that could change.
Are prices going up because of tariffs? Here’s what we know
Prices have risen a tad on some items especially affected by tariffs. But for the most part, companies are finding ways to delay price increases — for now.
Trump sets EU tariff at 15%, lower than his original threat, after meeting in Scotland
Trump had most recently threatened tariffs of 30% on imports from the European Union. But on Sunday, he met with the president of the European Commission, and they agreed to a lower level.
Here’s a puzzling question: Why are stocks at record highs despite looming tariffs?
President Trump's tariffs could hit the economy badly and lead to higher inflation. But Wall Street investors are reacting by sending stocks to record highs.
Corporate America is having a weird tariff summer
Some big companies are reporting real financial pain from tariffs and economic uncertainty — but for others, business is booming.
Trump announces weapons for Ukraine and threatens Russia with tariffs
President Trump threatened to punish Russia with heavy tariffs on countries that trade with Moscow if the Kremlin fails to reach a ceasefire deal with Ukraine, while promising Kyiv weapons.
Here’s a list of Trump’s tariff letters so far and the rates they threaten
Finding it hard to track the latest U.S. trade policy state of play? Here's a look the deals the president has announced and the rates he's so far threatened to impose in letters to global leaders.
BRICS nations push back as Trump warns of tariffs
Leaders of the BRICS group of emerging economies meeting for their annual summit had hoped to downplay any differences with the U.S. But even a toned down group proclamation drew the ire of President Trump.
Canadian prime minister says U.S. trade talks resume after Canada rescinded tech tax
President Trump said Friday that he was suspending trade talks with Canada over its plans to continue with its tax on technology firms, which he called "a direct and blatant attack on our country."
Say ‘maybe’ to the dress? Tariffs are crashing the wedding planning party
How much extra would you pay to see your dream come true? It's always a big question for wedding-planning couples. Now, there's a new twist courtesy of U.S. trade policy.
Big beautiful bottleneck: Trump’s high-stakes week at home and abroad
From trade talks to the fate of his legislative agenda, what happens over the next 10 days or so, domestically and abroad, could come to define Trump's presidency.
The U.S. and China have agreed on a framework to resolve their trade disputes
After two days of talks in London, the U.S. and China have agreed in principle on a framework to carry out an agreement they reached on resolving their trade disputes last month, Chinese state media said.
Wall Street CEOs are cycling through the five stages of tariff grief
As they process President Trump's chaotic tariffs and other economic policies, some of the country's most powerful CEOs are moving from denial and bargaining to public anger and depression.
Sen. Tim Kaine says Trump’s tariffs could reduce federal debt, but at what cost?
NPR's Steve Inskeep speaks with Sen. Tim Kaine, D-Va., who is also on the Senate Budget Committee, about how President Trump's tariffs will affect the federal budget and the economy.
Trump and Xi talk on the phone, their first call since the tariff war began
It's the first known call between the two leaders since Inauguration Day — and the first time they've spoken since tariffs began ratcheting up.
