President Donald Trump on Tuesday threatened trade penalties, including tariffs, against Spain, saying he is unhappy with its refusal to raise defense spending to 5% and calling the move disrespectful to NATO.

The global economy can survive interruptions to bilateral US-China goods trade. A collapse in AI, the sector of the US economy in which investors and Trump himself have placed so much faith, will be a harder shock to endure.

The Trump administration's tariffs on imported furniture is leading Swedish retailer Ikea to pass increased costs to customers through higher prices.

A Grove City manufacturing company has lost million of dollars to tariffs imposed by President Trump this year, cutting into the company's bottom line and causing it to take cost-saving measures, an executive recently told The Dispatch Tosoh SMD Inc.

President Trump's new tariffs on imported lumber and furniture are going into effect today. A new report from Goldman Sachs finds that U.S. consumers are bearing more than half the cost from the tariffs so far.

The Senior Citizens League estimates benefits will get a 2.7% cost-of-living adjustment (COLA) in 2026, two-tenths of percentage point larger than the COLA in 2025. Social Security's COLAs are based on CPI-W inflation,

President Trump claimed that the import taxes paid by Americans have also been ‘very important’ for ‘national security’

Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.