Updated CTA research also indicates that President-elect Donald Trump's tariff proposals could impact the US consumer purchasing power of tech, and it's forecast to cut it to $143 billion.

President-elect Donald Trump wants to create an "External Revenue Service" to collect tariffs and revenues from foreign countries. Trump made the announcement on his Truth Social platform on Tuesday.

Trump believes that tariffs are good for America, once saying, “The most beautiful word in the entire dictionary of words is the word ‘tariff.'” Many analysts and experts disagree.

The auto industry could be facing an uncertain year with the threat of rising tariffs possibly complicating their outlook for 2025. It's sparking fears that some key U.S. partners could see lay ...

Today's U.S. economy is much different than the one that was crushed by disastrous tariffs in the 1930s, according to finance professor Michael Pettis, who thinks tariffs could boost U.S. jobs ...

Donald Trump at Turning Point USA’s AmericaFest in Phoenix on Dec. 22. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes ...

A wave of new tariffs from the European Union aims to slow the sale of Chinese vehicles, but new factories from some of China’s biggest manufacturers might help them break in. Tariffs totaling ...

Jerome Powell spoke and the dollar jumped.

© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and ...