The U.S. Congress Joint Economic Committee -- Minority attributes the rising prices to President Donald Trump's sweeping tariffs announced in April. The report found that since the tariffs were ...

U.S. President Donald Trump speaks on the balcony of the White House in Washington, D.C., the United States, on July 4, 2025.

The manufacturing downturn coincided with a dramatic collapse in automotive sales momentum. "The springtime surge in U.S. auto sales landed with a thud last month, setting up a slowdown in the months ...