President Donald Trump said countries, whether staunch allies or adversaries, would be subject to at least a 10% tariff.

The president wants to rebalance America’s relationship with the rest of the world. Experts warn of price hikes and a possible recession.

President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.

Trump announced sweeping global tariffs. President Trump unveiled yesterday his most expansive tariffs to date, hitting all of the U.S. trading partners except Canada and Mexico w

During Trump’s first term, the trade war largely centered on US-China tensions. Now his trade campaign is wider and deeper. The president also seems far more focused on bringing investment into the US,

President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war would push an already fragile world economy into recession.

Investors’ shock at the size of the levies sent markets in Asia sharply lower. Experts warned that the global economy could be upended.

President Donald Trump is set to announce sweeping "reciprocal" tariffs on Wednesday, which he has called "Liberation Day."