British exports to US suffer record hit from Trump tariffs
British goods exports to the United States suffered a record fall in April after U.S. President Donald Trump imposed new tariffs, official figures showed on Thursday, pushing Britain's goods trade deficit to its widest in more than three years.
The U.S. just pulled in a record $22.3 billion in tariff revenue in May 2025. That’s the highest monthly total ever. If you’re looking at that news alongside the previous month’s inflation numbers, you might be thinking that tariffs are doing what the administration said they would do. Revenue’s up. Inflation rates are coming down. So, what’s the problem? Well... maybe everything.
Trump tells US steelworkers he’s going to double tariffs on foreign steel to 50%
President Donald Trump says he’s doubling the tariff rate on steel to 50%, a dramatic increase that could further push up prices for a metal used to make housing, autos and other goods.
Sellers of secondhand clothes prepare for tariffs to give their businesses a boost
Stores selling secondhand clothing, shoes and accessories are poised to benefit from the Trump administration’s trade war even as global businesses race to avoid potential damage.
Exclusive: Ford hikes prices on Mexico-produced models, citing tariffs
Ford Motor has hiked prices on three of its Mexico-produced models effective May 2, becoming one of the first major automakers to adjust sticker prices following U.S. President Donald Trump's tariffs.
Once upon a time, America won the world’s imagination by telling stories that were human, bold, and universal. Now, President Trump’s talk about a 100% tariff
Imagine two businesses across the street from each other: a hardware store and a café. Once a year, the café buys a set of pans from the hardware store to
Has Trump cancelled Christmas? China's decorations makers report no US orders
Chinese producers of plastic Christmas trees and other festive decorations say orders from U.S. clients, which are crucial for their business, should have started to come in by now. But because of surging import tariffs, they haven't.
TIME Explains How Tariffs Work in Less than 90 Seconds - Blog
With all the talk of tariffs in the media, do you know the basics of how they work? TIME’s video, How Tariffs Work, offers a simple approach to understanding tariffs, how countries use them, and the impact they may have. Note: This video offers a very basic explanation about how tariffs work. You might want to discuss: Who actually pays the tariff to the U.S.
An animated explanation of tariffs and how they work.Read more: https://time.com/7202002/fashion-trump-tariff-history/Subscribe to TIME Breaking News YouTube...
Trump's auto tariffs could be boon for rental car companies
FOX Business correspondent Madison Alworth reported that President Donald Trump’s recently announced auto tariffs could be a boon to rental car companies.