Smartphones sit at the center of Trump’s tariff story because they combine high prices, frequent upgrades and heavy reliance on Chinese production. CTA’s report estimates, highlighted by Variety, suggested tariffs could push average smartphone prices about 31% higher than they otherwise would be.

Food manufacturers and retailers have delayed passing on tariff costs, but analysts warn a 12–18 month lag means higher grocery prices, fewer promotions and tighter margins are likely in mid- to late-2026.

In response to Trump's tariffs, China's use of other Asian manufacturing markets and forced labor is adding trillions into Chinese GDP.

With US tariffs now lower than those applied to China, Pakistan, Bangladesh and Vietnam, India enjoys a rare alignment of cost competitiveness, market access and strategic trust.

National Economic Council Director Kevin Hassett joins 'The Sunday Briefing' to discuss the impact of President Donald Trump's tariff policies, the impact on the U.S. economy, Kevin Warsh's Fed chair nomination and more.

Trump has argued that his steep new import taxes are necessary to bring back wealth that was 'stolen' from the US. But upending the global supply chain has proven costly for households facing rising prices.

Learn how an upcoming Supreme Court tariff decision could affect grocery prices and what changes American shoppers may see at the checkout line.

The move is Trump's retaliation against Canada for refusing to certify jets from Georgia-based Gulfstream Aerospace.