White House National Economic Council Director Kevin Hassett defended President Trump’s tariffs on Sunday, refuting the idea ...

U.S. consumer spending rebounded less than expected in February while a measure of underlying prices increased by the most in ...

Mr. Trump has said the two new tariffs he unveiled Wednesday — a 10% universal duty on all U.S. imports and so-called ...

Trump's sweeping tariffs increase the likelihood of a U.S. recession, analysts told ABC News. Potential wide-ranging price increases will likely deter shoppers, slashing consumer spending and ...

It was a grim week for the U.S. economy ... as investors reacted poorly to president trump's latest round of tariffs.The Dow ...

Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.

Treasury Secretary Scott Bessent argues that the American dream is about more than cheap televisions, but inflation-weary ...

President Trump's tariffs are going to affect products imported by U.S. companies, with importing companies likely to pass on those costs to consumers through higher prices.