Politicians talk a lot about tariffs, and much of what they say boils down to a simple question: Who pays? President Trump has insisted repeatedly that foreign countries will foot the bill for American tariffs.

Economists and state officials have raised concerns that tariffs hurt the consumer, largely due to many imported goods charging higher prices, which can eat into the wallets of businesses and households across America. Reactions to the impact of tariffs on the economy have been mixed.

On the Detroit Economic Club panel on Tuesday are (from left) Quentin Messer, CEO of the Michigan Economic Development Corp.; Gabriel Ehrlich, director of Research Seminar in Quantitative Economics at the University of Michigan; and Mary Buchzeiger, CEO of Lucerne International.

President Donald Trump is promoting the idea of sending a $2,000 check to most Americans funded by revenues brought by his tariffs on imports. The scheme has received a frosty reception from Trump’s fellow Republicans in Congress and economists ...

The president postponed an import tax hike that would have put pressure on companies like RH and Wayfair. Two stocks surged Monday in the wake of President Donald Trump's latest tariff announcement, and both now may be positioned for a great 2026.

The holiday season is notoriously tough on the wallet. And this year, the impact may be even more dramatic, thanks to price hikes resulting largely from the slate of tariffs enacted under President Donald Trump. Even though the “impact so far this year ...

President Donald Trump is promoting the idea of sending a $2,000 check to most Americans funded by revenues brought by his tariffs on imports. The scheme has received a frosty reception from Trump’s fellow Republicans in Congress and economists alike ...

President Donald Trump is promoting the idea of sending a $2,000 check to most Americans funded by revenues brought by his tariffs on imports. The scheme has received a frosty reception from Trump’s fellow Republicans in Congress and economists alike ...