Consumers are feeling whiplash from Trump’s frenetic first month-and-a-half in office. Earlier this year, the president threatened 25% tariffs on Mexico and Canada, which could lead to higher prices on everything from avocados to cars,

Trump acknowledged in his address to Congress on Tuesday night that there “may be a little bit of an adjustment period” as the effects of these tariffs play out. Economists ex

The US economy is set to experience some "disturbance" from tariffs, President Donald Trump said Tuesday, as trade tensions flare after he imposed sweeping levies on Mexico, Canada and China.

Market strategists see more pain ahead as a result of tariff-induced volatility. "We think it's too early to go bargain shopping," an investment chief wrote.

U.S. stocks tumbled on Tuesday after the Trump administration’s long-promised tariffs took effect. The Dow Jones Industrial Average dropped 670 points, or 1.5%; while the S&P 500 fell 1.2%. The tech-heavy Nasdaq ticked down 0.