Economic history of the United States

President-elect Donald Trump referred to Canadian Prime Minister Justin Trudeau as the "Governor of the Great State of Canada" during a post on Truth Social, making light of their recent meeting. Trump expressed optimism about future discussions with Trudeau, suggesting they would lead to "spectacular" outcomes on trade and tariffs.

President-elect Donald Trump has said in an interview that he could not guarantee that consumer prices wouldn't rise if he implements tariffs on U.S. trade.

President-elect Donald Trump has pledged to impose massive tariff hikes on products from Mexico, Canada, and China, starting on his first day in office. This move, he claims, aims to address illegal immigration and drug trafficking into the United States.

U.S. President-elect Donald Trump said that he intends to impose sweeping tariffs on goods from Mexico, Canada and China, prompting a swift warning from Beijing that "no one will win a trade war."

In a series of posts to his Truth Social account, Trump vowed to hit some of the United States' largest trading partners with duties on all goods entering the country.

US President-elect Donald Trump has announced plans to impose steep tariffs on imports from Canada, Mexico, and China, raising concerns of potential trade wars with some of the United States' largest trading partners.

According to a Reuters poll of over 50 economists conducted between November 13-20, the U.S. under President-elect Donald Trump could impose tariffs on Chinese imports nearing 40% by early 2025. This potential move is expected to significantly impact China's economy, with forecasts suggesting a reduction in growth by up to 1 percentage point.

A Donald Trump presidential election victory would have huge implications for US trade policy, climate change, the war in Ukraine, electric vehicles, Americans' taxes and illegal immigration.

While some of his proposals would require congressional approval, here is a summary of the policies he has said he would pursue in his second four-year term in office:

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The US presidential election is always of great interest globally because of the influence that the global superpower wields with its foreign policy.

The EU said Friday there were "significant remaining gaps" in negotiations seeking to avoid hefty tariffs on Chinese-made electric cars due to take effect next week but added that talks would continue.

U.S. Treasury Secretary Janet Yellen has pushed back on Republican presidential candidate Donald Trump's proposals of high tariffs on allies and rivals, calling such moves "deeply misguided" weeks before the Nov. 5 election.

Her remarks delivered in New York come as Trump vows to impose across-the-board levies on U.S. imports, with a particularly high tariff level on Chinese goods.