Trump's tariffs slashed farm exports, raised input costs and left farmers reliant on unsustainable bailouts, experts warn.

The U.S. trade deficit narrowed significantly in April as President Donald Trump sharply escalated tariffs before pausing a large swath of the levies, U.S. Commerce Department data on Thursday showed.

The US trade deficit more than halved in April as President Donald Trump's global tariffs reversed an import surge that preceded the new duties.

U.S. homebuyers stand to bear the brunt of higher costs for builders from the new 50-percent tariffs on imported steel and aluminum.

Consumers are watching what effect President Trump's tariffs will have on homebuilding, as Trump doubled down on steel import taxes.