"It's certainly possible that one of the impacts of tariff hikes is we'll see an increase in supplier bankruptcies in 2025 and 2026," a source told Newsweek.

The White House has called the sweeping tax and spending package dubbed the One Big Beautiful Bill a win for workers, families and America’s future, but some state lawmakers say the cuts will hurt Illinois’ most vulnerable residents and have ripple effects on other areas of the economy.

President Donald Trump has sent letters this week outlining higher tariffs countries will face if they don’t make trade deals with the U.S. by Aug. 1.

President Donald Trump published a letter to Prime Minister Mark Carney on Thursday, accusing Canada of having "financially retaliated" against the U.S.

President says Canada’s tariff retaliation, lack of progress on curbing fentanyl smuggling is behind new import penalty

South Sudan has accepted eight third-country deportees from the U.S. and Rwanda says it’s in talk with the administration of President Donald Trump on a similar deal.

Multiple states bordering Canada could feel the greatest impact of a 35 percent tariff on Canadian products starting August 1.

President Donald Trump‘s latest public appearance has countless social media users sharing their unfiltered reactions across various platforms. What was meant to be a serious […]