That’s more or less the go-to line for Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and a host of other top Trump aides and White House officials when they share the administration’s plans for tariffs and trade negotiations.

Trump’s so-called reciprocal tariffs are scheduled to go into effect on August 1 after a 90-day delay—just as American families begin back-to-school shopping—and could hike up the cost of consumer goods imported from other countries.

Retailers exploit tariffs to justify price hikes on products not affected by trade policies, contradicting Trump's America First agenda to lower consumer costs

General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst expectations for the period on Tuesday, supported by strong sales of its core gasoline trucks and SUVs.

A subsidiary of Cantor Fitzgerald, which is run by the sons of US commerce secretary Howard Lutnick, is letting clients essentially bet that President Donald Trump’s tariffs will be struck down in court.

Trump’s 50% tariff threat on Brazilian imports has left Brazilian coffee producers uncertain of the future. With no guarantee their product will reach the US, small producers, roughly 30% of the state’s coffee output,