Tariffs

As they process President Trump's chaotic tariffs and other economic policies, some of the country's most powerful CEOs are moving from denial and bargaining to public anger and depression.

Tariff collections are up sharply in the last two months. Congressional forecasters say tariffs could help reduce the federal debt, but they'll also lead to higher inflation and slower economic growth.

NPR's Steve Inskeep speaks with Sen. Tim Kaine, D-Va., who is also on the Senate Budget Committee, about how President Trump's tariffs will affect the federal budget and the economy.

It's the first known call between the two leaders since Inauguration Day — and the first time they've spoken since tariffs began ratcheting up.

President Trump is doubling tariffs on steel and aluminum to 50%. It's designed to protect domestic steel and aluminum workers, but critics say it will raise prices for those that use the metals.

People are spending more at Dollar General. In part, that's thanks to shoppers trading down from more expensive stores.

Court rulings against President Trump's tariffs could spell relief for many American importers — if the decisions hold. For now, the uncertainty remains.

Financial markets welcomed a U.S. court ruling that blocks President Trump from imposing sweeping tariffs on imports under an emergency-powers law.

The U.S. Court of Appeals for the Federal Circuit granted the Trump administration's request to temporarily put on hold the New York-based Court of International Trade judgment that struck down President Trump's tariffs.

Would-be homebuyers are finding lots of reasons to wait.