Trump’s 10% tariff on Chinese imports went into effect Tuesday, while 25% tariffs against Canada and Mexico were put on pause for 30 days amid border negotiation

President Donald Trump said on Friday he plans to announce reciprocal tariffs on many countries by Monday or Tuesday of next week, a major escalation of his offensive to tear up and reshape global trade relationships in the U.

Consumer sentiment fell across all political parties in early February, while expectations of higher inflation soared alongside tariff threats, according to a closely watched gauge from the University of Michigan.

President Trump Friday dramatically expanded his plans for a global trade war, confirming that he will impose tariffs on Canada, Mexico and China on Feb. 1.

Just a day before President Donald Trump’s tariffs against Canada, Mexico and China go into effect, the world appears to be bracing for the possible impacts

Homes – the most expensive item most Americans ever buy – are about to get even pricier if the Trump administration’s proposed tariffs take effect. An analysis from John Burns Research and Consulting,

University of Michigan consumer survey Friday found consumer sentiment fell about 5% on fears inflation will rise to 4.3% under Trump administration tariffs with major U.S. trading partners.

Jason Betz, private wealth advisor at Redwood Wealth Advisors, Ameriprise Financial, said that if President Trump's tariffs on China and other nations cause U.S. prices to rise, American consumers may say "enough is enough" and rein in their spending.