While Donald Trump's wide-ranging taxes on imports face scrutiny in court, he has touted a new "deal" with China that will see tariffs against the country remain at historic levels. Here's what it will mean for you.

With the post-pandemic surge in corporate profits, "margins have never been higher in the history of humankind,” Jeff Klingelhofer said.

Steve Rattner, an economic analyst for MSNBC’s “Morning Joe,” explained Thursday that the latest numbers from the Labor Department showed unexpected good news for Trump. He said many analysts forecasted that Trump’s tariffs would drive up inflation, but that the latest numbers suggest that has not happened yet.

The U.S. economy, which is the largest one in the world, is predicted to grow half as fast in 2025 than it did in 2024, with a drop from 2.8 percent growth to 1.4 percent growth, according to the report.

Annual inflation rose to a 2.4 percent pace in May, suggesting President Donald Trump’s tariffs have yet to drive up the cost of everyday products.

The CBO analysis says Trump's tariffs over the next decade would reduce deficits by $2.8 trillion while also curbing economic growth by 0.6 percent.

The cost of some baby gear has risen in recent weeks due to President Donald Trump’s tariff policies, according to a new congressional report

Britain’s goods exports to the US fell in April by the largest amount for any month since records began in 1997 after President Donald Trump launched his global trade war.