As global financial markets plunge in the wake of US President Donald Trump's "Liberation Day" tariffs, Americans must also grapple with the potentially long-lasting impact of the move on household budgets. Yale's Budget Lab estimated the effect of recent tariffs, up to and including Wednesday's announcement, would cause a 17 percent rise in the cost of clothing and textiles.

Apple, Amazon, and other tech companies reliant on global supply chains stand to lose the most from President Trump’s trade policies, but some software firms expect more demand for their services.

Trump's tariffs have caused widespread panic among stock investors, leading to a greater risk of recession.

Trump's new tariff policy is set to have a significant impact on global trade, with nearly 90 countries affected by increased duties on imports into the United States. Among them, Bulgaria, Greece, and Romania—as part of the European Union—will face a combined tariff rate of 30% on their exports, while non-EU Balkan neighbors like Serbia, Turkey, and North Macedonia will also experience major economic consequences.

On Wednesday night, Donald Trump announced a sweeping range of tariff measures on foreign imports in what he called America's 'declaration of economic independence'.

We must make a radical change to salvage America’s wealth, economic security and middle class, preventing a true catastrophe down the road.

The U.S. economy faces a higher risk of slipping into a recession this year if President Donald Trump's sweeping new levies remain in place, Barclays and BofA Global Research said on Thursday.Trump on Wednesday imposed a 10 per cent baseline tariff on all imports to the U.S. and higher duties on dozens of oth

Italian Prime Minister, Giorgia Meloni, said on Wednesday that tariffs introduced by the Donald Trump administration were “wrong” and would not benefit

Following tariffs, prediction markets bettors are putting more wagers on odds the U.S. will slide into a recession by the end of 2025

The Centre for the Promotion of Private Enterprise has explained that the shocks of United States of America President Donald Trump's administration's

On Wednesday, April 2 — the day Donald Trump promoted as "Liberation Day" — the U.S. president detailed his plans for steep new tariffs. And they ranged from 10 percent for many countries to much higher for others. The next morning on MSNBC's "Morning Joe," investor Steve Rattner didn't mince words ...

A Fitch economist just issued a warning about recessions globally.He said many countries around the world could experience a recession due to new US

Trump's imposition of tariffs will "have an adverse impact," Ireland's Taoiseach Micheál Martin said today in Dublin.

This aggressive escalation of Trump's trade wars could mean higher prices on virtually every product Americans purchase from overseas. Worse, analysts predict the tariffs could trigger recessions...

Most media and entertainment companies aren't directly affected by Trump's new tariffs plan but could suffer from a resulting recession, experts say.