Commerce Secretary Howard Lutnick said that the tariffs would be relatively insignificant for addressing President Trump’s goals of reducing trade imbalances.

Gov. Gretchen Whitmer is warning that President Donald Trump’s “chaotic policies” on tariffs will cost Michigan residents thousands of dollars each year.

The U.S. dollar rose alongside Treasury yields on Wednesday, which in turn kept pressure on the yen after the latest U.S. inflation report showed signs that President Donald Trump's tariffs were beginning to feed into prices.

American importers can store goods in the U.S. Customs and Border Protection's bonded warehouses nationwide to defer import duties amid rising tariffs.

US inflation heated back up in June, rising to its highest level in four months, as price increases — including those from tariffs — packed a bigger punch. Consumer prices rose 0.3% last month,

The flow of new tenants into the office market dropped by 23% in April, and the total square footage being sought fell 26%.

National Economic Council Director Kevin Hassett, a top economic advisor to Trump, on Monday rebuked concerns about tariff-related inflation. The Fed, Hassett told CNBC, has been "very, very wrong" in its assessment of a potential resurgence of price increases.

Donald Trump's threats of severe tariffs on Russia is leading the front pages of Tuesday's papers, with the US president pushing for Moscow to accept a deal to end the war within 50 days. The Financial Times says Trump has told Russia to expect 100% "secondary" tariffs if the Ukraine war does not end within the timeframe,