Some Iowa farmers question GOP representatives' support of Trump tariffs. Lawmakers say he's opening new markets, reversing years of 'America Last.'

President Donald Trump has repeatedly said foreigners would pay for his import tariffs. A new report says Americans picked up most of the tab.

A new analysis from the JPMorgan Chase Institute reveals that while aggressive trade policies implemented in 2025 have successfully driven a significant wedge between midsize American businesses and Chinese suppliers,

China trade with U.S. midsize businesses plummeted 20% as Trump tariffs hit 37.4%, forcing companies to shift suppliers to Southeast Asia and beyond.

The S&P 500's expensive valuation could lead to a steep decline in stock prices, especially if tariffs become a material economic headwind.

WASHINGTON (AP) — Tariffs paid by midsize U.S. businesses tripled over the course of past year, new research tied to one of America’s leading banks showed on Thursday — more evidence that President Donald Trump ‘s push to charge higher taxes on imports is causing economic disruption.

President Donald Trump discusses his aggressive strategy to lower American drug prices by leveraging "most favored nation" agreements and the threat of heavy tariffs.

"The idea that this is pro-American is actually just the opposite," Penn Wharton's Kent Smetters told Fortune. "It hurts American manufacturers."