Trump, tariffs
Digest more
The Trump administration is preparing to outline a tiered system for its broad tariffs on steel and aluminum products in an attempt to simplify a process that has dogged American companies for months.
Six Sisters Boutique switches to second-hand clothes as tariffs disrupt imports, while Mary’s Market thrives selling made-in-USA products in Glendale, KY.
The recent attacks in the Persian Gulf could further constrain supplies of industrial metals.
Trump is counting on raising prices on goods from overseas to spur production at home. It’s a line of thought that makes trade policy experts and economists wince. But it appears to be as close as it gets to a core belief for the president.
American whiskey exports dropped sharply in 2025, with industry leaders pointing to tariffs and ongoing trade disputes as key factors behind the decline. Exports of American whiskey fell 19% last year to $1.
Key Takeaways The richest 1% of Americans will benefit the most from tax cuts, receiving an average of $8,850 in 2026, according to a recent analysis.Tariffs disproportionately impact low- and middle-income households,
One year after Trump’s “Liberation Day" tariffs, many have been struck down, with officials working to refund roughly $166 billion in duties.
(The Center Square) – The federal government is preparing to return an estimated $166 billion in tariff revenue after the U.S. Supreme Court struck down President Donald Trump's sweeping import taxes.