President Donald Trump is scheduled to announce significant tariffs on other countries in a speech Wednesday afternoon at the White House.
White House press secretary Karoline Leavitt will speak to reporters Tuesday afternoon, a day before President Trump’s tariffs on the Canada, Mexico, China and certain product imports, are
The Trump administration took that formula’s figure, -0.5 for South Korea, and divided it by two to calculate the U.S. “discounted reciprocal” tariff rate. So, while South Korea imposes an effective tariff rate of .79 percent on U.S. goods, the reciprocal tariff rate the U.S. is imposing on South Korea is 25 percent.
More than a dozen countries set for US reciprocal tariffs spent the first day of President Donald Trump's tariff rollout not only bracing for the economic fallout but with confusion about exactly what rates they might face.
China announced Friday that it will impose a 34% tax on all U.S. imports next week, part of a flurry of retaliatory measures to U.S. President Donald Trump’s new tariffs that delivered the strongest response yet from Beijing to the American leader's trade war.
The US began collecting a 10% "baseline" tariff on all imports on Saturday as President Donald Trump urged Americans to "hang tough" after market turmoil. The UK and France are among hundreds of countries impacted and its leaders have said nothing is off the table.
President Trump on Saturday took a victory lap over the sweeping new tariffs he levied on nearly all foreign trading partners, claiming the end result will serve as an “economic
The fallout continues after President Donald Trump's unveiling of severe tariffs against virtually all U.S. trading partners. Thursday was the worst day for U.S. stock markets since June 2020. China struck back on Friday,