As Trump's trade war hammers Michigan, both small and large businesses feel the effects

As businesses manage rising costs of products, customers are spending less money as they deal with the same economic headwinds brought on by tariffs. The companies caught in the middle are already hurting.

Trump's broad tariffs go into effect Thursday. What we know

The sweeping tariffs impose higher import taxes on goods from more than 60 countries. Here's what you need to know.

Trump says he plans 100% tariff on computer chips

President Donald Trump said on Wednesday that he plans to put a 100% tariff on computer chips. Here’s what this could mean for consumers.

Trump’s new tariff could make your Rolex dream even more expensive

President Trump’s new 39% tariff on Swiss imports could send luxury watch prices — including Rolex — even higher, pushing collectors toward the resale market.

Trump unveils new tariffs that go into effect in 7 days: What to know

President Donald Trump has signed an executive order that would have new tariffs on a wide swath of U.S. trading partners to go into effect in seven days.

American families could get $2,400 rebate checks from tariff money

A GOP senator has introduced a bill to send tariff rebate checks to Americans, days after President Trump floated the idea.

Trump suspends de minimis exemption for low-value imports: What it means for shoppers

President Trump’s new executive order suspends the de minimis exemption for global low-value imports, a move that could raise prices for online shoppers and restrict package shipments from retailers like Shein and Temu.

Fed leaves interest rates unchanged despite Trump demands

The Federal Reserve voted to leave its short-term interest rate unchanged as expected, despite mounting pressure from President Donald Trump to lower them.

US-EU trade deal will make these items more expensive

The deal imposes a 15% tariff on European goods imported in the U.S. and these products are likely to rise in cost.

Trump announces trade deal with European Union

European Commission President Ursula von der Leyen said the deal took "heavy lifting."

Tariff rebate check: What Trump said and what we know

President Trump told reporters this week that he is considering a tariff rebate check. Here’s what he said and what we know.

Detroit small businesses being impacted by tariffs
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A group of small business owners are speaking out over growing concerns about what is being called a crisis that is hurting the bottom line of many. Business owners gathered on Wednesday to express concerns over tariffs put on by the Trump Administration.

Trump says he's imposing new 30% tariffs on EU, Mexico

President Donald Trump announced a new round of tariffs on Mexico and the European Union, two of America’s biggest trading partners.