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Nonpartisan Congressional Budget Office estimates that Trump's tariffs would shrink the economy and add to inflation while reducing the federal deficit by $2.8 trillion.
US President Donald Trump has declared a sharp increase in tariffs on foreign steel and aluminium, doubling the current 25% ...
Inflation in the 20 countries that use the euro fell to 1.9% in May from 2.2% in April, helping clear the way for more ...
President Trump’s plan to double tariffs on foreign steel and aluminum could have sweeping effects on projects across ...
Building costs rose in the first quarter of 2025 by more than any four-month period in 2024, one cost index found.
The president's 50 percent steel and aluminum tariffs are set to go in effect Wednesday, but tensions between the U.S. and ...