Donald Trump has introduced tariffs on goods coming into the US from most countries around the world. The US president argues that the taxes will boost domestic manufacturing and create jobs. But critics have warned of higher prices for consumers and ...

Tariffs of up to 50% on countries with large U.S. trade deficits are linked to price increases for goods like vehicles, furniture, toys and food. Although the Consumer Price Index rose 2.7% over the past year, future inflation is expected as businesses ...

Editor’s note, August 7, 10:30 am ET: On August 7, Trump’s tariffs went into effect for more than 90 countries. The story below was originally published on April 2. Since President Donald Trump announced a slate of new tariffs on about 90 countries ...