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Tariffs

Updates on President Trump’s tariffs on Canada, Mexico, China, Europe, and others, along with what tariffs do for consumers and how tariffs work.

US-China trade deal: Countries agree to slash tariffs, enact 90-day pause

US-China trade deal: Countries agree to slash tariffs, enact 90-day pause

U.S. and Chinese officials say they have reached a deal to slash most of their recent tariffs and called for a 90-day pause for ongoing negotiations. Here's what to know.

May 12, 2025 6:00am CDT
"Truth in Tariffs Act" would require stores to display cost of tariffs on items

"Truth in Tariffs Act" would require stores to display cost of tariffs on items

This proposed legislation will allow consumers to make informed decisions on the goods they purchase.

May 9, 2025 11:34am CDT
Trump suggests cutting tariffs on China to 80%

Trump suggests cutting tariffs on China to 80%

The president’s remarks come ahead of a meeting between U.S. officials and Chinese representatives this weekend.

May 9, 2025 9:22am CDT
Trump announces trade deal with UK, cuts tariffs on some goods

Trump announces trade deal with UK, cuts tariffs on some goods

President Donald Trump announced a trade deal between the United States and Britain that will lower tariffs on some goods.

May 8, 2025 1:43pm CDT
Fed rate and tariffs: Why interest is unchanged again, and what it means for you

Fed rate and tariffs: Why interest is unchanged again, and what it means for you

Despite the Trump administration’s push for a rate cut, The Fed announced Wednesday it’s holding steady – and the president’s tariffs were a big deciding factor.

May 7, 2025 1:10pm CDT
Donald Trump meets with Canadian PM Mark Carney
video

Donald Trump meets with Canadian PM Mark Carney

May 6, 2025 12:02pm CDT
Trump, Carney quibble over buying Canada: ‘Never say never’

Trump, Carney quibble over buying Canada: ‘Never say never’

Tensions have been high between the U.S. and Canada, and the newly-elected prime minister visited the White House Tuesday after promising to “stand up" to President Trump.

May 6, 2025 11:50am CDT
Mattel plans toy price increases in US amid Trump's tariffs

Mattel plans toy price increases in US amid Trump's tariffs

The toy manufacturer believes that despite the tariffs some of their products will still be affordable for consumers.

May 6, 2025 10:12am CDT
Business owner facing steep tariffs tests whether people will pay for 'Made in USA'

Business owner facing steep tariffs tests whether people will pay for 'Made in USA'

A business offered customers a choice between a foreign-made product or the same item made in the U.S. at a much higher cost - and was overwhelmed by the results.

May 3, 2025 5:45pm CDT
Texas bail reform, tariff turmoil, and possible THC ban: TWITP

Texas bail reform, tariff turmoil, and possible THC ban: TWITP

FOX 7 Austin's chief political reporter Rudy Koski and our panel of analysts discussed the big stories from This Week in Texas Politics.

May 2, 2025 4:35pm CDT
Senate fails to block Trump’s global tariffs

Senate fails to block Trump’s global tariffs

Senate Republicans have narrowly voted down a Democratic resolution that would have blocked global tariffs announced by Donald Trump earlier this month.

April 30, 2025 6:29pm CDT
U.S. economy shrank in first quarter; first drop in three years

U.S. economy shrank in first quarter; first drop in three years

Economic growth in the first quarter was impacted in part by a rise in imports as U.S. companies attempted to bring in foreign goods amid the enforcement of tariffs.

April 30, 2025 2:00pm CDT
Is Amazon showing tariff costs? How Shein and Temu are handling Trump’s changes

Is Amazon showing tariff costs? How Shein and Temu are handling Trump’s changes

President Trump’s tariff and customs changes have begun affecting how many Americans shop online. Here’s what Amazon, Shein and Temu are saying amid rising operating costs.

April 30, 2025 9:18am CDT
Trump slams Amazon's tariff transparency plan, speaks to Jeff Bezos

Trump slams Amazon's tariff transparency plan, speaks to Jeff Bezos

President Donald Trump makes a call to Amazon founder, Jeff Bezos, after a report about the company's tariff transparency plan.

April 30, 2025 8:27am CDT
Trump eases auto tariffs in bid to boost US manufacturing

Trump eases auto tariffs in bid to boost US manufacturing

President Trump signed an executive order easing some of his 25% tariffs on autos and auto parts, aiming to support U.S. automakers and manufacturing jobs.

April 29, 2025 6:22pm CDT
Albertsons informs suppliers that it won't accept tariff-related price hikes

Albertsons informs suppliers that it won't accept tariff-related price hikes

The grocery titan stated in a letter that it won't accept price hikes to account for President Donald Trump’s tariffs.

April 29, 2025 10:25am CDT
Temu adds 'import charges' after Trump tariffs: What to know

Temu adds 'import charges' after Trump tariffs: What to know

Temu has implemented an "import charge" for some products sold to customers in the U.S. amid President Donald Trump's tariff orders.

April 29, 2025 9:09am CDT
New Trump trade deals?
video

New Trump trade deals?

April 28, 2025 5:11pm CDT
Tariff poll: How much economic "disruption" Americans will tolerate

Tariff poll: How much economic "disruption" Americans will tolerate

A growing number of Americans are skeptical that President Trump’s tariffs on U.S. trading partners will benefit the economy, according to a new Gallup poll.

April 28, 2025 11:44am CDT
Here's what Americans think about Trump's tariffs, according to new poll

Here's what Americans think about Trump's tariffs, according to new poll

A recent poll finds that many Americans worry that the U.S. may be facing a recession because tariffs will cause prices to increase.

April 24, 2025 2:02pm CDT
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