High-end medical devices, including those made in the United States, may be especially vulnerable to tariffs because they’re built with parts from around the world.

President Donald Trump is threatening a 50% tax on all imports from the European Union as well as a 25% tariff on smartphones unless the products are made in America.

President Donald Trump spoke with Russian President Vladimir Putin about ending the war in Ukraine, hosted the president of South Africa at the White House and threatened more stringent tariffs against the European Union this week.

U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy.

Tom Fitzgerald sits down with Nelson Cunningham, a global trade expert, to discuss Trump's tariff impacts in Asia.

Since taking office, Mr. Trump has raced to enact his economic vision, aiming to pair generous tax cuts with sweeping deregulation that he says will expand America’s economy. He has fashioned his steep, worldwide tariffs as a political cudgel that will raise money, encourage more domestic manufacturing and improve U.S. trade relationships.

According to JPMorgan, U.S. President Donald Trump is trying to achieve conflicting objectives with his tariff policy by trying to keep the door open for negotiations while also expecting higher revenue and a change to world trading structure.

While tariff-fueled inflation has yet to show up broadly in the economy, it could be driving a noticeable uptick in the cost of furniture and other household furnishings.