Scott Horsley
Stories
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Trump's trade war is raising money for the government, but at whose expense?
Tariff collections are up sharply in the last 2 months. Congressional forecasters say tariffs could help reduce the federal debt, but they'll also lead to higher inflation and slower economic growth.
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Hiring slowed in May, as employers added 139,000 jobs
U.S. employers added 139,000 jobs in May — a modest slowdown from the previous month. The unemployment rate held steady at 4.2%, as the workforce shrank.
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CBO says Trump's tariffs could cut U.S. deficit by $2.8 trillion over 10 years
A forecast from the nonpartisan Congressional Budget Office this week says Trump's tariffs could shave $2.8 trillion off the federal debt over the next decade, if they remain in place.
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Trump's tariffs could cut deficit by $2.8 trillion over next decade — with caveats
Forecasters at the Congressional Budget Office say President Trump's tariffs could shave $2.8 trillion off the federal debt if they remain in place for a decade. That's a big if.
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Trump's tariffs could cut deficit by $2.8 trillion over next decade -- with caveats
The Congressional Budget Office projected President Trump's tariffs could raise trillions of dollars over the next decade — but they could also lead to higher inflation and slower economic growth.
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With steel tariffs doubling today, a North Carolina manufacturer wonders how to compete
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.
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Businesses and trading partners are in limbo after a pair of federal court rulings
Imports to the U.S. fell sharply last month, as President Trump's worldwide tariffs took effect. But the future of those tariffs is in question after a pair of federal court rulings this week.
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As courts move to block Trump tariffs, small business owners dare to hope
Court rulings against President Trump's tariffs could spell relief for many American importers — if the decisions hold. For now, the uncertainty remains.
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Federal trade court blocks Trump's emergency tariffs, saying he overstepped authority
A federal trade court ruled Wednesday that many of the tariffs President Trump has imposed so far exceeded his power under the International Economic Emergency Powers Act.
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Shaky personal finances aren't stopping Americans' summer travel plans
Memorial Day marks the start of the summer travel season. Many Americans are feeling more budget-conscious but that won't stop them from hitting the road.
