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Tariffs

My Economy

Violin maker crafts a strategy to deal with tariffs

by Sofia Terenzio
Nov 20, 2024
With import charges looming, Wesley Rule, owner of Knoxville Fine Violins, is considering alternatives to Chinese-made instruments.
Wesley Rule is a luthier, or stringed-instrument craftsman.
Courtesy Wesley Rule
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Trump's Second Term

How a second Trump presidency may influence economies abroad

by David Brancaccio , Meredith Garretson and Ariana Rosas
Nov 14, 2024
To learn more, "Marketplace Morning Report" host David Brancaccio spoke with Zanny Minton Beddoes, editor-in-chief of The Economist magazine.
Win McNamee/Getty Images
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National Debt

Why the U.S. once relied on tariffs to raise revenue — and what it would mean to go back

by Stephanie Hughes
Nov 13, 2024
President-elect Donald Trump has suggested he would cut or even eliminate income taxes, ramping up the role tariffs play instead.
90% of the federal government’s revenue came from tariffs. From the country’s inception until the 1860s, said one trade historian.
Win McNamee/Getty Images
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Despite looming tariffs and "the worst harvest I've ever had," Iowa farmer remains optimistic

by Kai Ryssdal and Andie Corban
Nov 8, 2024
Corn and soybean farmer April Hemmes is preparing for new tariffs from a second Trump administration.
April Hemmes says farmers like her are "running scared" because over half of their soybeans are exported to China.
Ben Hethcoat/Marketplace
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"Make Me Smart” Newsletter

The Trump 2.0 economy

by Ellen Rolfes
Nov 8, 2024
In this week's "Make Me Smart" newsletter, we explore how President-elect Donald Trump's campaign promises could shape the U.S. economy over the next four years.
Iskandar Zulkarnaen / Getty Images
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Trump's Second Term

U.S. importers seek to load up ahead of tariffs

by Kristin Schwab
Nov 7, 2024
It’s unclear when or if tariffs are coming, but some businesses are increasing their overseas orders ahead of Trump's inauguration.
If President-elect Donald Trump keeps his campaign promise on tariffs, businesses would have to pay higher taxes and would likely pass those costs down to consumers.
Justin Sullivan/Getty Images
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Election 2024

More tariffs may be coming under Trump

by Kristin Schwab
Nov 6, 2024
Here's what tariffs on goods from China and elsewhere have already meant for businesses and consumers since his first term.
In the past, tariffs have raised prices for American consumers and businesses.
Anthony Kwan/Getty Images
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Election 2024

How markets are responding to the prospect of another Trump presidency

by David Brancaccio , Ariana Rosas and Nic Perez
Nov 6, 2024
We'll unpack what a Trump win means for stocks, bonds, tariffs, interest rates and more.
Anna Moneymaker/Getty Images
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Election 2024

As Election Day nears, farmers wonder what's ahead with tariffs

by Sabri Ben-Achour
Nov 4, 2024
Trump’s proposed tariffs would extend to most U.S. trading partners. American agricultural exports are a favorite target for retaliation.
Donald Trump has called for sweeping tariffs in his bid to be reelected president.
Brandon Bell/Getty Images
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Election 2024

What to know about Harris and Trump’s tariff campaign promises

by Jordan Mangi
Nov 4, 2024
American consumers bear the brunt of tariffs — despite what the former president has said on the campaign trail.
Former president Donald Trump speaks at a campaign event in Raleigh, North Carolina, the day before the 2024 election. At this rally, Trump announced that if elected he would impose tariffs on goods from Mexico to pressure the nation into securing the border it shares with the U.S.
Ryan M. Kelly/AFP via Getty Images
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