While Black Friday 2024 won’t be harmed, if the new Trump tariffs become reality, shoppers could be in for a major shock over the year to come.

US motorists should brace for a hike in gasoline prices under the incoming Trump administration plans to slap tariffs on imports of products from Canada and Mexico.

Trump has pledged to punish Canada and Mexico for “ bringing Crime and Drugs at levels never seen before ” by imposing a 25 percent tariff on all imported goods from U.S. neighbors — with no exceptions made for oil and natural gas. Trump promised an additional 10 percent tax on goods from China.

Expert discusses the potential economic impact of President-elect Donald Trump’s proposed tariffs on Mexico and Canada.

Trump's threatened tariffs will hit the bottom line of U.S. automakers importing vehicles, and experts say that cost will no doubt be passed on to customers.

Justin Trudeau, Canada's prime minister, told reporters on Tuesday that he had a "good" conversation with Trump following the president-elect's post.

Mexico said Wednesday the United States will be shooting itself in the foot if President-elect Donald Trump implements his threats to impose 25-percent tariffs on Mexican imports.

President-elect Donald Trump’s threat on Monday to impose 25% tariffs on Canada and Mexico when he returns to the White House in January captured the attention of world leaders and prompted warnings from economists that his plans would raise prices for consumers.