Americans are already seeing Trump's tariffs kick in. They sent in receipts to prove it There's new tariffs on almost everything that is imported. Some of that increased cost is being eaten by exporters in other countries, but a lot of the higher prices are being picked up by Americans, who are seeing it in their receipts. Emily Feng
Federal Reserve holds interest rates steady as Trump's tariffs spark uncertainty Policymakers at the Federal Reserve voted on Wednesday to hold interest rates steady for now, while they wait to see how President Trump's trade war plays out in the U.S. economy. Leila Fadel
Energy Star, efficiency program that has steered consumer choice, targeted in cuts An Environmental Protection Agency plan to eliminate its Energy Star offices would end a decades-old program that gave consumers a choice to buy environmentally friendly electronics and save money on bills, consumer and environmental groups said. The Associated Press
In the wake of tariffs, cargo at the Port of LA is down 35% The immediate impact of the cargo decline affects virtually every business around the ports, but port officials say this downturn will soon be felt much more broadly. Steve Futterman
Trump's tariffs are showing up in Americans' receipts Small businesses are scrambling to figure out the cost of tariffs. Most are passing on some of the cost to American customers. Emily Feng
Federal Reserve expected to hold interest rates steady on Wednesday The Federal Reserve is expected to hold interest rates steady today. The central bank is concerned that President Trump's tariffs could rekindle inflation while slowing economic growth. Scott Horsley
The Fed will likely hold interest rates steady as Trump's tariffs spark uncertainty The Federal Reserve will likely hold interest rates steady Wednesday as President Trump's tariffs threaten to raise prices and drag down economic growth. Scott Horsley
Port of LA executive director says cargo down by over a third this week As U.S. companies scale back on buying Chinese goods due to tariffs, ports are poised to see a drop in containers. The Port of LA's executive director says cargo is down by over a third this week. Steve Futterman
U.S. and Chinese officials will meet in Geneva in first sign of thaw in trade war The superpowers have been locked in a geopolitical blinking contest, waiting for the other side to reach out. The talks in Switzerland are the first concrete sign of a potential thaw in the deadlock. Sherisse Pham
Economic uncertainty remains amid Trump's tariffs It's been a month since President Trump announced his worldwide tariffs. Since then, there have been escalations and tariff retribution from other countries, then tariff pauses.