PAUL WISEMAN

AP Economics Writer
Rick Woldenberg, CEO of Learning Resources, an educational toy company whose products are manufactured in China, stands at a warehouse in Vernon Hills, Ill., Friday, April 11, 2025. (AP Photo/Nam Y. Huh)
Trump’s China tariff shocks US importers. One CEO calls it ‘end of days’
U.S. importers are bracing for the impact of President Donald Trump’s staggering 145% levy on Chinese imports. One Chicago-area toymaker expects its tariff bill to climb from $2 million to $100 million.
 
Unsold 2025 Cooper hardtops and Countryman utility vehicles sit on display at a Mini dealership Sunday, Feb. 9, 2025, in Highlands Ranch, Colo. (AP Photo/David Zalubowski)
US wholesale inflation fell last month but trade war threatens to reverse that trend
The Labor Department is reporting that its producer price index — which tracks inflation before it hits consumers — was fell 0.4% from February.
 
Truck await to load shipping containers at the Port of Los Angeles Wednesday, April 9, 2025, in Los Angeles. (AP Photo/Damian Dovarganes)
Another U-Turn: Trump reverses tariffs that caused market meltdown, but companies remain bewildered
President Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he’d imposed barely 13 hours earlier on dozens of countries while escalating his trade war with China.
 
President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Mark Schiefelbein)
Trump disrupts global economic order even though the US is dominant
By declaring a trade war on the rest of the world, President Donald Trump has panicked global financial markets and raised the risk of a recession.
 
U.S. Trade Representative Jamieson Greer testifies before the Senate Finance Committee on Capitol Hill in Washington, Tuesday, April 8, 2025. (AP Photo/Mark Schiefelbein)
Trump’s top trade rep under fire before Senate committee after days of market chaos
President Donald Trump’s top trade negotiator came under fire Tuesday from senators unnerved by the president’s sweeping global tariffs, a market meltdown and the heightened risk of recession from an upended global trading order. Republican Sen.
 
A person waits in a line for a prospective employer at a job fair, Thursday, Aug. 29, 2024, in Sunrise, Fla. (AP Photo/Lynne Sladky, File)
US added 228,000 jobs in March as economy showed strength in buildup to Trump trade wars
U.S. employers added a surprising 228,000 jobs last month, as the American labor market continues to show resilience as President Donald Trump wages trade wars, purges federal workers and deports immigrants working in the United States illegally.
 
President Donald Trump walks to board Marine One after speaking with reporters on the South Lawn of the White House, Thursday, April 3, 2025, in Washington. (AP Photo/Evan Vucci)
What to know about the Trump tariffs upending global trade and markets
The trade war President Donald Trump promised has begun, threatening the world economy and straining the United States’ longstanding alliances in Europe and Asia.
 
A ship with cargo is docked at The Port of Oakland in Oakland, Calif., Thursday, April 3, 2025. (Bronte Wittpenn/San Francisco Chronicle via AP)
Answering your questions about President Trump’s vast new tariffs
After weeks of anticipation and speculation, President Donald Trump followed through on his reciprocal tariff threats by declaring a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States.
 
House Majority Whip Tom Emmer, R-Minn., walks with reporters on the way to a closed-door Republican Conference strategy session, at the Capitol, in Washington, Tuesday, April 1, 2025. (AP Photo/J. Scott Applewhite)
Trump’s ‘Liberation Day’ is unlikely to free businesses from uncertainty surrounding trade policy
President Donald Trump says his tariff announcements slated for Wednesday will amount to a “Liberation Day” for the United States.
 
Pedestrians walk past a help wanted sign posted on the door of a restaurant in San Francisco, Tuesday, April 18, 2023. (AP Photo/Jeff Chiu, File)
February US job openings slip to 7.6M, consistent with a healthy but decelerating job market
Employers posted 7.6 million job openings in February, a sign that that the job market is slowing but remains healthy. The number of vacancies was down slightly from a revised 7.8 million in January and from a 8.4 million a year earlier.
 
Vehicles are seen at the Mercedes-Benz Vehicle Preparation Center at the Port of Baltimore, where new Mercedes-Benz vehicle imports are processed before distribution to dealerships, Thursday, March 27, 2025, in Baltimore. (AP Photo/Stephanie Scarbrough)
Trump’s reciprocal tariffs will overturn decades of trade policy
President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades.
 
A bartender pours a craft beer at the Liquid Love Brewing in Buffalo Grove, Ill., Thursday, Feb. 9, 2022. (AP Photo/Nam Y. Huh, File)
Buzzkill: Trump’s trade wars threaten America’s craft brewers already reeling from changing tastes
America’s craft brewers already had enough problems. But President Donald Trump’s tariffs that include levies of 25% on imported steel and aluminum and on goods from Canada and Mexico pose a new threat.
 
New vehicles are seen at an auto-processing facility at the Atlantic Terminal of the Port of Baltimore, Thursday, March 27, 2025, in Baltimore. (AP Photo/Stephanie Scarbrough)
Trump’s latest auto tariffs explained: What car buyers should know this year
President Donald Trump’s 25% tariffs on autos not made in the U.S. and certain auto parts will send ripple effects through an industry that is already being pummeled by steel and aluminum import duties and on-again, off-again 25% levies on Canada and Mexico.
 
A consumer places a flat of eggs in a shopping cart in a Costco warehouse Tuesday, Feb. 18, 2025, in Sheridan, Colo. (AP Photo/David Zalubowski, File)
U.S. economy grew 2.4% in the 4th quarter after upgrade in final growth estimate
The U.S. economy expanded at a healthy annual 2.4% pace the last three months of 2024, supported by a year-end surge in consumer spending.
 
Shoppers guide their carts through the milk display in a Costco warehouse Thursday, Jan. 23, 2025, in Sheridan, Colo. (AP Photo/David Zalubowski)
February US wholesale prices unchanged showing inflation easing, though trade wars threaten trend
U.S. wholesale inflation decelerated last month, suggesting that price pressures are easing for now.
 
President Donald Trump arrives at the annual St. Patrick's Day luncheon at the Capitol in Washington, Wednesday, March 12, 2025. (AP Photo/J. Scott Applewhite)
Trump vows to take back ‘stolen’ wealth as tariffs on steel and aluminum imports go into effect
President Donald Trump is openly challenging U.S. allies by increasing tariffs on all steel and aluminum imports to 25% as he vows to take back wealth he says was “stolen” by other countries, drawing quick retaliation from Europe and Canada.
 
A participant holds an "Elbows Up Canada" sign during rally in response to U.S. President Donald Trump's threats to Canadian sovereignty, on Parliament Hill in Ottawa, on Sunday, March 9, 2025. (Justin Tang/The Canadian Press via AP)
US factories likely to feel the pain from Trump’s steel and aluminum tariffs
President Donald Trump is once again lashing out at three of his biggest irritants: foreign steel, foreign aluminum and Canada. Trump on Wednesday will effectively plaster 25% taxes – tariffs – on steel and aluminum imports.
 
Pedestrians walk past a help wanted sign posted on the door of a restaurant in San Francisco, Tuesday, April 18, 2023. (AP Photo/Jeff Chiu, File)
US job openings rose to 7.7 million in January, a sign Trump inherited a strong labor market
U.S. job openings rose at the start of the year, another sign the job market was solid when President Donald Trump returned to the White House.
 
President Donald Trump waves to the media as he walks on South Lawn of the White House, in Washington, Sunday, March 9, 2025. (AP Photo/Jose Luis Magana)
China strikes back at Trump tariffs with 15% levies targeting US farmers
China is retaliating against President Donald Trump’s tariffs on China by imposing additional 15% taxes on key American farm products, including chicken, pork, soybeans and beef.
 
A person waits in a line for a prospective employer at a job fair, Thursday, Aug. 29, 2024, in Sunrise, Fla. (AP Photo/Lynne Sladky, File)
US employers add a solid 151,000 jobs last month though unemployment up to 4.1%
U.S. employers added solid 151,000 jobs last month, but the outlook is cloudy as President Donald Trump threatens a trade war, purges the federal workforce and promises to deport millions of immigrants.
 
Workers sort avocados at a packing plant in Uruapan, Mexico, Nov. 27, 2024. (AP Photo/Armando Solis, File)
Trump’s erratic trade policies are baffling businesses, threatening investment and economic growth
President Donald Trump’s ever-changing, on-again, off-again tariff war with America’s three biggest trading partners – Mexico, Canada and China — is baffling businesses and causing them to delay or cancel the investments that help drive economic growth.
 
Isaac Arguelles stocks Mexican-grown green onions at a market as tariffs against Mexico go into effect Tuesday, March 4, 2025, in San Diego. (AP Photo/Gregory Bull)
Businesses scramble to contain fallout from Trump’s tariffs on Canada, China and Mexico
A Minnesota farmer worries about the price of fertilizer. A San Diego entrepreneur deals with an unexpected increase in the cost of remodeling a restaurant. A Midwestern sheet metal fabricator bemoans the prospect of higher aluminum prices.
 
Trucks enter into the United States from Ontario, Canada across the Ambassador Bridge, Monday, Feb. 3, 2025, in Detroit. (AP Photo/Paul Sancya)
Here’s what tariffs are and how they work
Tariffs are in the news at the moment. But what are they? Tariffs are typically charged as a percentage of the price a buyer pays a foreign seller.
 
Trucks line up to cross the border into the United States as tariffs against Mexico go into effect, Tuesday, March 4, 2025, in Tijuana, Mexico. (AP Photo/Gregory Bull)
Trump’s trade war draws swift retaliation with new tariffs from Mexico, Canada and China
President Donald Trump’s trade war against America’s three biggest trading partners drew immediate retaliation from Mexico, Canada and China.
 
President Donald Trump speaks to reporters as he signs executive orders in the Oval Office of the White House, Tuesday, Feb. 4, 2025, in Washington. (AP Photo/Evan Vucci)
Trump’s tariff tactics carry higher economic risks than during his first term
When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and import taxes on U.S. trading partners created chaos, generated drama -- and drew criticism from mainstream economists who favor free trade.
 
A 2024 Chevrolet Silverado 2500 HD Custom truck is shown at the Pittsburgh International Auto Show in Pittsburgh, Feb. 15, 2024. (AP Photo/Gene J. Puskar, File)
Here are some goods in the crosshairs of Trump’s tariffs on Mexico, Canada and China - TESTING
President Donald Trump was poised to impose 25% taxes on imports from Canada and Mexico Tuesday and to double to 20% his levies on Chinese products. All three countries are America’s top trading partners and they are threatening retaliation.
 
President Donald Trump speaks during a Cabinet meeting at the White House in Washington, Wednesday, Feb. 26, 2025. (Pool via AP)
US auto industry could be collateral damage in Trump’s trade wars
President Donald Trump’s trade wars threaten to claim a casualty on the home front: the American auto industry.
 
A consumer places a flat of eggs in a shopping cart in a Costco warehouse Tuesday, Feb. 18, 2025, in Sheridan, Colo. (AP Photo/David Zalubowski, File)
Second estimate of US growth confirms a 2.3% annual pace expansion in fourth quarter
The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end consumer spending, the government said, leaving unchanged its initial estimate of fourth-quarter growth.
 
Jamieson Greer, President Donald Trump's nominee to be United States Trade Representative, with the rank of Ambassador, appears before the Senate Committee on Finance for his pending confirmation on Capitol Hill, Feb. 6, 2025, in Washington. (AP Photo/Rod Lamkey, Jr., File)
Senate confirms Jamieson Greer to be Trump’s top trade negotiator as battles loom
The Senate has confirmed Jamieson Greer to be America’s top trade negotiator. Green’s nomination cleared the Senate by a 56-43 vote on Wednesday.
 
Dockworkers return to work at Port Miami, Oct. 4, 2024, in Miami, after the union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports has reached a deal to suspend a three-day strike until Jan. 15 to provide time to negotiate a new contract. (AP Photo/Marta Lavandier, File)
US dockworkers approve 6-year contract, averting a strike
Dockworkers on the U.S. East and Gulf coasts have overwhelmingly approved a six-year contract, averting the threat of a strike that could have crippled the economy.
 
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