Trump's tariffs threaten to end quarter-century era of cheap goods for U.S. consumers
- President Trump increased tariffs on China, escalating the existing trade war on April 10, 2025.
- Trump's actions followed perceived disrespect from China toward global markets, impacting many businesses.
- The tariffs included a 10% baseline levy, but Trump raised China tariffs to 125% and later announced a 90-day pause.
- Trump stated he was raising China tariffs and pausing reciprocal tariffs; Commerce Secretary Lutnik said the world wants to fix trade.
- Yale's Budget Lab estimates these tariffs could cost the average U.S. Household an extra $4,400 annually.
196 Articles
196 Articles
Here's what happened during Trump's 12th week in office
President Donald Trump ramped up steep tariffs against Chinese imports to the U.S. this week while alleviating them for other countries during trade negotiations this week. He also signed a series of executive orders aimed at repealing Biden-era restrictions. The Trump administration announced Wednesday it would lower reciprocal tariffs on other countries, while also revealing that the administration would immediately hike tariffs on Chinese goo…
Coverage Details
Bias Distribution
- 62% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage