Tariffs imposed on China during President-elect Donald Trump’s first term had negative effects for the US economy, according to newly released research from the Federal Reserve Bank of New York.

He’s loyal but too timid to take big, risky swings.” Presumably, this means that Trump’s pick for the role, Lighthizer’s former chief of staff Jamieson Greer, will be willing to take those risky swings.

General Motors, Ford and Stellantis shares slid Tuesday after President-elect Trump threatened 25% tariffs on all imports from Canada and Mexico. The move by the new administration would likely stop American car demand in its tracks,

Trump has said he will impose a 25% tariff on all imports from Mexico and Canada, as well as a 10% tariff on Chinese products.

The president-elect posted that he would slap BRICS countries with a 100% tariff if they stop using the U.S. dollar for their main currency for trade. Peter Speigel and Peter Goodman join Stephanie Ruhle.

Small businesses are bracing for stiff tariffs that President-elect Donald Trump has proposed as one of his first actions when he takes office.

Canadian Prime Minister Justin Trudeau says he wants to work with President-elect Donald Trump to avoid a costly trade war.