Trump tariffs
Follow the latest Trump tariffs news, videos, and analysis from ABC News.
May 14, 2025 at 10:37 PM

Shein and Temu products impacted by tariffs: What to know

Cheap clothing and products from Shein and Temu are getting more expensive amid tariff increases.
May 14, 2025 at 10:37 PM
In this May 2, 2023, file photo, TEMU and SHEIN apps are shown on the screen of a smartphone.
May 14, 2025 at 3:42 PM

Recession warnings fade after Trump rolls back tariffs

A U.S.-China trade agreement allayed fears but uncertainty remains, analysts said.
May 14, 2025 at 3:42 PM
The aerial photo taken on May 13, 2025, shows containers waiting to be transported at a port in Suzhou, in eastern China's Jiangsu province.
May 13, 2025 at 6:30 PM

Lawyer calls Trump tariffs 'unlawful' as they face 1st test against small businesses

In an obscure courthouse in downtown Manhattan, a group of small businesses are taking on one of President Donald Trump's boldest uses of executive authority.
May 13, 2025 at 6:30 PM
President Donald Trump holds a signed executive order after delivering remarks on reciprocal tariffs during an event in the Rose Garden entitled "Make America Wealthy Again" at the White House in Washington, April 2, 2025.
May 13, 2025 at 1:38 PM

Inflation eased after Trump's 'Liberation Day' tariffs

Trump has rolled back tariffs since he announced the policy last month.
May 13, 2025 at 1:38 PM
A person shops at a grocery store in Medford, Mass., April 22, 2025.
May 13, 2025 at 7:16 AM

Stocks soar after Pres. Trump announces China tariff truce

Both sides agreed to draw down their tariffs for 90 days to allow time to negotiate a wider deal.
May 13, 2025 at 7:16 AM
VIDEO:
May 12, 2025 at 8:23 PM

Dow closes up 1,160 points as US and China agree to slash tariffs

The U.S. temporarily cut tariffs on Chinese goods from 145% to 30%.
May 12, 2025 at 8:23 PM
Specialist Michael Pistillo, left, works with traders Ryan Falvey, center, and Niall Pawa on the floor of the New York Stock Exchange, May 9, 2025.
May 12, 2025 at 5:02 PM

What's in the US-China trade framework?

The U.S. agreed to temporarily slash tariffs on Chinese goods from 145% to 30%.
May 12, 2025 at 5:02 PM
President Donald Trump speaks during a news conference about prescription drug prices, in the Roosevelt Room of the White House, May 12, 2025, in Washington.
May 12, 2025 at 3:42 PM

US-China tariffs agreement is ‘significant’: Economist

RSM chief economist Joseph Brusuelas discusses what consumers can expect as the U.S. and China announced an agreement to cut reciprocal tariffs for 90 days.
May 12, 2025 at 3:42 PM
VIDEO: US-China tariffs agreement is ‘significant’: Economist
May 12, 2025 at 1:47 PM

US-China agree on 90-day pause to cut reciprocal tariffs

The United States and China issued a joint statement on Monday announcing an agreement to cut reciprocal tariffs for 90 days.
May 12, 2025 at 1:47 PM
VIDEO: US-China agree on 90-day pause to cut reciprocal tariffs
May 12, 2025 at 12:56 PM

Markets react to US-China trade agreement

ABC News’ Rebecca Jarvis reports on how the stock market futures are reacting to news of the United States and China’s agreement to cut reciprocal tariffs for 90 days.
May 12, 2025 at 12:56 PM
VIDEO: Markets react of US-China trade agreement
May 12, 2025 at 12:23 AM

US makes 'substantial progress' toward trade deal with China, Bessent says

Treasury Secretary Scott Bessent, who has been leading the negotiations with China, says there has been "substantial progress" toward a trade deal, though offered no details.
May 12, 2025 at 12:23 AM
VIDEO: US makes 'substantial progress' toward trade deal with China, Bessent says
May 11, 2025 at 7:59 PM

Tariff talks begin between US and Chinese officials in Geneva

The U.S. Treasury secretary began talks with high-ranking Chinese officials in Switzerland Saturday.
May 11, 2025 at 7:59 PM
VIDEO: Tariff talks begin between US and Chinese officials in Geneva
May 11, 2025 at 7:54 PM

White House says US has made a trade deal with China

The White House communications office announced that a trade deal with China has been reached, but it offered no details.
May 11, 2025 at 7:54 PM
VIDEO: White House says US has made a trade deal with China
May 11, 2025 at 3:03 PM

What potential trade deals are in the works with other countries?

ABC News’ Jay O’Brien discusses the latest developments in the U.S. trade deals with other countries. Plus, the big week ahead for Congress regarding taxes and Medicaid.
May 11, 2025 at 3:03 PM
VIDEO: What potential trade deals are in the works with other countries?
May 11, 2025 at 3:03 PM

Trump indicating breakthrough in tariff talks with China

The White House is showing optimism ahead of the latest round of economic talks with Chinese officials held in Switzerland, with Trump saying “great progress made” on social media.
May 11, 2025 at 3:03 PM
VIDEO: Trump indicating breakthrough in tariff talks with China
May 11, 2025 at 2:14 AM

US and Chinese officials meet in Geneva to discuss tariffs

President Donald Trump says “great progress” was being made in ongoing U.S.-China talks over tariffs menacing the global economy, and even suggested a “total reset" was on the table as tariff negotiations are set to continue Sunday in Switzerland
May 11, 2025 at 2:14 AM
Switzerland's Economy Minister Federal Councillor Guy Parmelin, left, shakes hands with Chinese Vice Premier He Lifeng, right, next to Switzerland's President Karin Keller-Sutter, center, during a bilateral meeting between Switzerland and China, in Geneva, Switzerland, on Friday, May 9, 2025. (Martial Trezzini/Keystone via AP, Pool)
May 11, 2025 at 12:23 AM

US and China meet for tariff negotiations

Treasury Secretary Scott Bessent met today in Switzerland with top Chinese officials, the first formal in-person talks between the two sides since President Trump announced 145% tariffs on China.
May 11, 2025 at 12:23 AM
VIDEO: US and China meet for tariff negotiations
May 10, 2025 at 1:16 PM

Tariff talks begin between US and Chinese officials in Geneva

The U.S. Treasury Secretary and America’s top trade negotiator have begun talks with high-ranking Chinese officials in Switzerland to de-escalate a dispute that threatens to cut off trade between the world’s two biggest economies and damage the global ...
May 10, 2025 at 1:16 PM
Switzerland's Economy Minister Federal Councillor Guy Parmelin, left, shakes hands with Chinese Vice Premier He Lifeng, right, next to Switzerland's President Karin Keller-Sutter, center, during a bilateral meeting between Switzerland and China, in Geneva, Switzerland, on Friday, May 9, 2025. (Martial Trezzini/Keystone via AP, Pool)
May 10, 2025 at 10:20 AM

Are small businesses more vulnerable to tariffs? Experts weigh in

Importers face highest effective tariff rate in more than a century, the Yale Budget Lab found.
May 10, 2025 at 10:20 AM
People in the entry way of the Big Fun toy store on May 9, 2025 in Columbus, Ohio.
May 9, 2025 at 5:08 PM

Trump floats lower tariffs on China. What would it mean for prices?

The move comes a day before U.S.-China trade negotiations are set to begin.
May 9, 2025 at 5:08 PM
President Donald Trump takes questions outside the West Wing of White House in Washington, DC, on May 8, 2025.
May 9, 2025 at 4:17 PM

Trump signals a potential major reduction in tariffs on China

Posting on social media, President Donald Trump wrote that an "80 percent tariff on China seems right." ABC News' Selina Wang reports.
May 9, 2025 at 4:17 PM
VIDEO: Trump signals a potential major reduction in tariffs on China
May 8, 2025 at 10:10 PM

Trump trade deal with UK ‘not really a deal’: Economics professor

Columbia Business School economics professor Brett House says President Donald Trump “totally misunderstands trade relationships with the U.S. and the rest of the world.”
May 8, 2025 at 10:10 PM
VIDEO: Trump trade deal with UK ‘not really a deal’: Economics professor
May 8, 2025 at 3:01 PM

How tariffs could impact price of cars

In a new memo obtained by ABC News, Ford told dealers that prices will go up on some models. Ford told ABC News that its discounted pricing plan will remain in place through July 4th weekend.
May 8, 2025 at 3:01 PM
VIDEO: How tariffs could impact price of cars
May 8, 2025 at 1:47 PM

Trump to announce ‘major trade deal’

President Donald Trump is expected to announce a new trade agreement with the U.K., the first since the president imposed, and paused, sweeping tariffs on dozens of trading partners last month.
May 8, 2025 at 1:47 PM
VIDEO: Trump to announce ‘major trade deal’
May 8, 2025 at 6:46 AM

Federal Reserve chairman warns about impact of Trump's tariffs

It comes as Ford said it plans to raise prices on some vehicles by as much as $2,000, citing “some tariffs we are facing.”
May 8, 2025 at 6:46 AM
Federal Reserve chairman warns about impact of Trump's tariffs
May 7, 2025 at 8:46 PM

Trump says 'no' to removing tariffs for China

ABC News' Mary Bruce asked the president if he was willing to pull back the tariffs "in order to get China to the negotiating table."
May 7, 2025 at 8:46 PM
VIDEO: Trump says 'no' to removing tariffs for China
May 7, 2025 at 8:22 PM

What Trump's latest tariff proposal could mean for Hollywood, moviegoers

Film producer Chris Fenton discusses proposed 100% tariff on films produced outside the U.S. by President Donald Trump.
May 7, 2025 at 8:22 PM
VIDEO: What Trump's latest tariff proposal could mean for Hollywood, moviegoers
May 7, 2025 at 8:18 PM

Trump's movie tariffs may be a 'disaster': Experts

President Donald Trump proposed a 100% tariff on films produced abroad.
May 7, 2025 at 8:18 PM
General view of the Hollywood Sign above Lake Hollywood on April 04, 2025 in Hollywood, California.
May 7, 2025 at 7:02 PM

Fed holds interest steady, defying pressure from Trump

Trump has called on the Fed to lower rates, despite a longstanding norm of political independence.
May 7, 2025 at 7:02 PM
The Federal Reserve Building is the headquarters of the Federal Reserve System and 12 Federal Reserve Banks, in Washington, D.C.
May 7, 2025 at 12:58 PM

Kentucky bourbon exports at risk as Trump-Canada trade tensions escalate

Rep. Morgan McGarvey discusses how US-Canada trade tensions could devastate Kentucky's bourbon industry and impact healthcare services amid proposed federal budget cuts.
May 7, 2025 at 12:58 PM
President Donald Trump meets with Canadian Prime Minister Mark Carney in the Oval Office of the White House in Washington, May 6, 2025.
May 6, 2025 at 10:00 PM

Barbie maker says toy prices will increase amid tariffs

The Trump administration's introduction of new tariffs will impact American families and parents as prices rise.
May 6, 2025 at 10:00 PM
Barbie Dream Besties, from Mattel, are displayed at the TTPM 2024 Holiday Showcase event in New York, Sept. 17, 2024.
May 6, 2025 at 9:20 PM

Trump and Canada's Prime Minister hold high-stakes meeting amid tariff war

President Donald Trump on Tuesday hosted Canadian Prime Minster Mark Carney at the White House amid a tense trade war between the two neighbors kickstarted by Trump's tariffs.
May 6, 2025 at 9:20 PM
VIDEO: Trump and Canada's Prime Minister hold high-stakes meeting amid tariff war
May 6, 2025 at 5:24 PM

US trade deficit hits record high ahead of Trump tariffs

The U.S. trade deficit soared to a monthly record of $140.5 billion in March, signaling a rush for imports from businesses and consumers alike ahead of President Donald Trump’s latest — and most sweeping — tariffs taking effect
May 6, 2025 at 5:24 PM
FILE - Shipping containers are seen ready for transport at the Guangzhou Port in the Nansha district in southern China's Guangdong province, April 17, 2025. (AP Photo/Ng Han Guan, File)
May 6, 2025 at 5:14 PM

Secretary Bessent contradicts Trump on China negotiations

ABC News’ Jay O’Brien reports on the Treasury secretary’s testimony before the House Appropriations subcommittee.
May 6, 2025 at 5:14 PM
VIDEO: Secretary Bessent contradicts Trump on China negotiations
May 5, 2025 at 6:02 PM

'Trust the president': Rep. Addison McDowell on possible tariff impacts

Rep. Addison McDowell, R-N.C., joined ABC News Live to discuss President Donald Trump's first 100 days in office and tariff policy.
May 5, 2025 at 6:02 PM
VIDEO: 'Trust the president':  Rep. Addison McDowell on possible tariff impacts
May 4, 2025 at 5:04 PM

25% tariffs on cars and car parts are in effect

Most auto part imports now have a 25% import tax which started at 12:01 a.m. ET on Saturday.
May 4, 2025 at 5:04 PM
VIDEO: 25% tariffs on cars and car parts are in effect
May 4, 2025 at 1:43 PM

Surcharges on car parts now active due to tariffs

U.S. automakers warn of major price increases ahead for consumers. Plus, Beijing says it's "evaluating" possible negotiations amid trade war with U.S.
May 4, 2025 at 1:43 PM
VIDEO: Surcharges on car parts now active due to tariffs
May 4, 2025 at 1:39 PM

How the Trump administration is combating tariff concerns

ABC News' Political Director Averi Harper discusses what the Trump administration is telling Americans who may be concerned about rising prices and where the trade war goes from here.
May 4, 2025 at 1:39 PM
VIDEO: How the Trump administration is combating tariff concerns
May 4, 2025 at 12:21 PM

Amid Cinco de Mayo celebrations, a tax on Mexican tomatoes looms

Guacamole has been spared from tariffs for now
May 4, 2025 at 12:21 PM
FILE - Tomatoes imported from Mexico are for sale in a supermarket in Miami as the United States imposed 25% tariffs on goods from Canada and Mexico, starting a trade war with its closest neighbors and allies Wednesday, Mar. 5, 2025. (AP Photo/Lynne Sladky, File)
May 4, 2025 at 1:04 AM

Tariffs and the job market

Liz Pancotti, the managing director of policy and advocacy for Groundwork Collaborative, discusses loopholes and exemptions on tariffs and the April jobs report.
May 4, 2025 at 1:04 AM
VIDEO: Tariffs and the job market
May 4, 2025 at 1:00 AM

Possible break in trade war with China

Beijing is said to be evaluating an American offer to negotiate as a new tariff on auto parts takes effect.
May 4, 2025 at 1:00 AM
VIDEO: Possible break in trade war with China
May 3, 2025 at 5:30 PM

China ‘evaluating’ trade talks with US

ABC News senior White House correspondent Selina Wang delivers the latest on trade talks between China and the U.S. and President Donald Trump’s efforts to slash budgets across the country.
May 3, 2025 at 5:30 PM
VIDEO: China ‘evaluating’ trade talks with US
May 3, 2025 at 3:38 PM

How tariffs are hitting shoppers

From clothes to automobiles, ABC News' Christiane Cordero takes a look at the impact the tariffs could have on consumers.
May 3, 2025 at 3:38 PM
VIDEO: How tariffs are hitting shoppers
May 2, 2025 at 4:46 PM

Baby tech company 'Nanit' fight back on baby product tariffs

Nanit CEO Anushka Salinas breaks down the anticipated cost increases tariffs will have on products for babies.
May 2, 2025 at 4:46 PM
VIDEO: Baby tech company 'Nanit' fight back on baby product tariffs
May 2, 2025 at 3:10 PM

Bracing for tariff-driven price hikes

A key exemption on low-cost imports from China expired overnight, as Americans prepare for a wave of increased prices.
May 2, 2025 at 3:10 PM
VIDEO: Bracing for tariff-driven price hikes
May 2, 2025 at 3:09 PM

Trump administration closes tariff loophole on goods from China

The Trump administration closed a tariff loophole on packages from China and Hong Kong with a value of $800 or less. 
May 2, 2025 at 3:09 PM
VIDEO: Trump administration closes tariff loophole on goods from China
May 1, 2025 at 10:50 PM

Trump admits his tariff policy could have adverse effects on American families

While celebrating the 100-day mark of his second term with his Cabinet on Wednesday, President Donald Trump said, "maybe the children will have two dolls instead of 30 dolls."
May 1, 2025 at 10:50 PM
Trump admits his tariff policy could have adverse effects on American families
May 1, 2025 at 9:27 PM

Trump dismisses concerns about higher prices from tariffs, even on children's toys

President Trump, celebrating the 100-day mark of his second term with his Cabinet on Wednesday, admitted his tariff policy could have effects on American families.
May 1, 2025 at 9:27 PM
President Donald Trump arrives to speak during a National Day of Prayer event in the Rose Garden of the White House, May 1, 2025, in Washington.
May 1, 2025 at 9:25 PM

Major US companies sound the alarm on tariffs

During a White House press briefing Thursday morning, Deputy Chief of Staff Stephen Miller downplayed the impact tariffs would have on prices for consumers.
May 1, 2025 at 9:25 PM
VIDEO: Major US companies sound the alarm on tariffs
May 1, 2025 at 7:51 PM

Xbox consoles see huge price jump

Microsoft announced Thursday that it raised prices on its Xbox consoles and accessories, just weeks after the Trump administration announced its tariffs.
May 1, 2025 at 7:51 PM
A Microsoft Xbox Series X home video game console, Oct. 27, 2020.