The White House isn't budging on a 10% baseline tariff on most imports. One administration official argued that consumers will not foot the bill for tariffs.

It’s important to understand how quickly we were able to come to an agreement, which reflects that perhaps the differences were not as large as maybe thought.”

Despite the White House's statements, Ford's top executive recently said he could not promise consumers wouldn't pay more.

The White House on Monday said no final decisions have been made about tariffs on foreign firms, after President Trump a day prior called for a 100 percent tariff on movies produced in other

The White House on Thursday rebuffed an effort to give small U.S. business owners any immediate relief from tariffs, saying those companies would get economic relief from tax cuts that Congress is seeking to extend.

Donald Trump’s Truth Social announcement that he planned to impose 100% tariffs on films shot outside the United States surprised the entertainment industry and even members of his administration. Since then,