Tariffs imposed on China during President-elect Donald Trump’s first term had negative effects for the US economy, according to newly released research from the Federal Reserve Bank of New York.

Donald Trump loved to use tariffs during his first presidency. But their impact was barely noticeable in the overall economy, even if their aftershocks were clear in specific industries.

Trump has said he will impose a 25% tariff on all imports from Mexico and Canada, as well as a 10% tariff on Chinese products.

President-elect Donald Trump’s tariff plans may change what products customers can find on Dollar Tree’s shelves – and push the chain to increase prices again.

As a result of these proposed tariffs, Pérez, a Massachusetts-based financial educator, said she is now planning to buy a car before the year is over and Trump takes office. “W

Since Trump began hiking tariffs on China in 2018, the average effective tariff rate on Chinese imports has jumped from around 3% to roughly 11%, according to Trade Partnership Wo

With the threat of new tariffs looming, what should shoppers buy now? Good Question. Jeff Wagner explains which items could soon get more expensive.

Key Takeaways Tariffs that President-elect Donald Trump made a central proposal of his campaign would likely result in higher prices if they are enacted.Several economists and executives from America's largest retailers have warned of higher prices in recent weeks.