Tariffs

Federal trade court blocks Trump from imposing tariffs under emergency powers law

The ruling from a three-judge panel at the New York-based Court of International Trade came after several lawsuits arguing that Trump has exceeded his authority.

Despite the pause on high tariffs, Chinese factories still face high uncertainty

A 90-day pause on triple-digit U.S. tariffs on Chinese goods has left exporters and importers in a high state of uncertainty. Factory owners in China tell NPR that orders are down overall.

Why Japan sees President Trump’s tariffs as a ‘national crisis’

Although largely paused, President Trump's tariffs present a major threat to Japan's already flagging economy.

Trump says he’ll delay a threatened 50% tariff on the European Union until July

President Donald Trump said Sunday that the U.S. will delay implementation of a 50% tariff on goods from the European Union from June 1 until July 9 to buy time for negotiations with the bloc.

Trump threatens steep tariffs on trade with the European Union — and on iPhones

Trump said on social media that he had recommended 50% tariffs on European Union products starting June 1 — and warned Apple's CEO to move manufacturing of iPhones to the United States.

Why ‘Sell America’ is trending on Wall Street

Investors are worried about the ongoing trade war — and rethinking the safety and soundness of U.S. government debt.

How Trump made a 30% tariff feel like a relief

It's a pattern in President Trump's chaotic tariff policy: he first suggests a high number, only to later ratchet it down. Business schools call it the 'anchor effect.'

Retailers feel pressure to eat the price increases from tariffs

From Target to Walmart, retailers are fighting two battles at once: a financial battle to keep costs low in the face of new tariffs, and a political one to avoid the president's wrath.

Home Depot doesn’t plan to raise prices due to tariffs. But some items may disappear

The home improvement chain broke from many other retailers, who say they cannot afford to absorb new tariffs. President Trump recently attacked Walmart for warning of price hikes.

Amid global competition for production business, Hollywood is hurting

Hollywood's plummeting film and TV production levels have studio executives and grassroots groups pushing for better incentives to keep business in California.

French Champagne-makers wonder: Is it time to move on from the U.S. market?

Amid uncertainty around President Trump's tariffs, some Champagne makers say they're losing trust in the U.S. market.

The U.S. and China announce a deal to cut tariffs, temporarily easing trade war

American levies on Chinese goods will drop from at least 145% to 30% for an initial period of 90 days, while Chinese levies are set to fall from at least 125% to 10% on American goods.

U.S. and China cite progress in trade talks but release few details

Treasury Secretary Scott Bessent said details will be released Monday after a weekend of talks in Switzerland.

U.S. and China begin talks amid tensions over Trump’s tariff war

The meetings between top U.S. and Chinese officials in Geneva represent the first potential efforts to end a trade war that has frazzled financial markets.

Americans are already seeing Trump’s tariffs kick in. They sent in receipts to prove it

There's new tariffs on almost everything that is imported. Some of that increased cost is being eaten by exporters in other countries, but a lot of the higher prices are being picked up by Americans, who are seeing it in their receipts.

Trump is set to announce his first trade deal since his tariffs sent markets reeling

Presidenti Trump did not reveal the trading partner, saying only that it was "A BIG, AND HIGHLY RESPECTED, COUNTRY" and that representatives would join him at 10 a.m. ET in the Oval Office.

In the wake of tariffs, cargo at the Port of LA is down 35%

The immediate impact of the cargo decline affects virtually every business around the ports, but port officials say this downturn will soon be felt much more broadly.

How a visit from actor Jon Voight led Trump to post about movie tariffs

Since he announced his intention to impose a 100% tariff on movies made outside of the United States, President Trump has hedged, saying he's open to meeting with industry leaders.

Trump has said Canada should be the 51st state. Today, he meets its prime minister

Prime Minister Mark Carney won the Canadian election vowing to take on President Trump. Tuesday, they meet for the first time in the Oval Office.

Trump’s plan for movie tariffs leads to global confusion

Production in Hollywood has been suffering. But it's unclear how a 100% tariff on movies produced outside the United States would work – or who it would help.

Warren Buffett announces his retirement and warns the trade war will hurt America

The billionaire investor, now 94, also said he would be resigning as CEO at the end of the year. He spoke at Berkshire Hathaway's annual shareholder meeting known as "Woodstock for Capitalists."

China mulls U.S. overtures on trade talks, but demands tariffs be canceled

Exporters, importers and recent government statistics all suggest that trade in both directions is slowing sharply as a result of the tariffs. Neither side appears willing to be seen giving ground.

Does your online shopping receipt show what you’re paying in tariffs? Let us know

Have you recently bought something online, and your receipt showed how much more you're paying as a result of tariffs? If so, please share your receipt with NPR.

In first 100 days, Trump tests limits, creates chaos and turns from allies

From foreign policy and tariffs to immigration changes and targeting of DEI, here's a look back at some of the major moves made in the past 100 days of President Trump's second administration.

Canada votes for Mark Carney as prime minister

Mark Carney wins Canada's election, capitalizing on anti-Trump sentiment. But it's still not clear if his Liberal Party has won an outright majority in parliament.

Trump is giving automakers a break on tariffs

The formal announcement is expected ahead of a Tuesday night rally in Michigan marking the president's 100 days in office. It's the latest shift in Trump's on-again, off-again tariffs.

Canada’s election: all you need to know

Canada's snap election has been dominated by one politician — who's not even in the race — President Trump.

Stocks gain on hopes Trump will ease tensions with the Fed — and China

The Dow Jones advanced after Trump said he wouldn't fire Fed Chair Jerome Powell and on hopes of easing tensions over tariffs with China.

Trade wars grew America’s auto industry. Historians warn today’s tariffs won’t

Past success bringing foreign car companies stateside means the U.S. has more to lose and less to gain in today’s trade wars.

Sell USA? Why Trump’s tariffs may be sparking a historic storm on Wall Street

When Trump announced sweeping tariffs this month, he called it "Liberation Day." But there are fears that it may well have been the day foreign investors started to lose faith in the United States.

Tariffs threaten to push auto insurance rates even higher

Between the slate of tariffs currently in effect and proposed tariffs on car parts, the cost of car ownership is rising. And that's true even if you're not in the market for a vehicle.