Trump Says He’ll Impose New Steel Tariffs. Here’s the Existing Rate
President Trump's steel tariff announcement on April 2, 2026 established a tiered tariff system that took effect just days later on April 6, 2026.
Category Economy & Tariffs
Economic impact of tariffs, inflation, markets, interest rates, and consumer finance
Trump Promises to Impose Reciprocal Tariffs Globally. Here’s How Trade Rules Apply
Reciprocal tariffs, as proposed by the Trump administration, are import taxes designed to match the tariff rates that other countries impose on American...
Trump Says He Will Replace Income Taxes With Tariffs Alone. Here’s the Revenue Gap
No. Donald Trump's proposal to replace the federal income tax system with tariff revenue alone cannot work based on the numbers.
Banks and Economists Agree Americans Shoulder Nearly All Tariff Burden
Yes. Banks and major economic institutions have reached near-consensus that American consumers and businesses—not foreign manufacturers—shoulder the...
Trump Boasted Trade Gap Fell 80%…Figures Show 0.3%…Tariffs Cost Families $1,500 Yearly
President Trump repeatedly claimed the trade deficit fell 80 percent—specifically citing a drop from $140.5 billion in March 2025 to $27.
Trump Tariffs and Global Economy Impact
Trump's tariffs create significant disruption to the global economy by raising costs for American businesses and consumers while straining relationships...
Trump Tariffs and Cost of Living Explained
Trump tariffs are costing the average American household approximately $1,500 in 2026, following an already-incurred $1,000 burden in 2025.
Trump Tariffs Analysis Winners and Losers
Trump's tariff policies create measurable winners and losers—but not always who you'd expect. Industrial manufacturers, farmers selling domestically, and...
Trump Tariffs Explained Step by Step
Trump tariffs are taxes on imported goods that President Donald Trump has imposed to protect American manufacturers and reduce the trade deficit.
Trump Tariffs One Year Later Full Breakdown
One year into the second Trump administration, the tariff experiment has generated a staggering $264 billion in new federal revenue during 2025 alone—a...