US President Donald Trump suggested that he would not go below 15% as he sets so-called reciprocal tariff rates ahead of an Aug. 1 deadline, an indication that the floor for the increased levies was rising.

President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday. Sales in North America plunged 16% due primarily to U.S. tariffs, said Volkswagen, which owns a host of brands including Audi, Lamborghini and Porsche.

Trump's proposed 30% tariffs on EU imports could significantly increase olive oil costs for American consumers who rely heavily on Mediterranean suppliers.

On the House floor several days ago, Congresswoman Marcy Kaptur (D-OH) delivered remarks berating Donald Trump and his reckless, thoughtless tariff policies.

President Donald Trump is visiting the Federal Reserve headquarters, a week after indicating that Fed chair Jerome Powell's handling of a renovation project could be grounds for firing.

Meanwhile, German automobile giant Volkswagen has seen profits tumble as a result of US tariffs. Meanwhile, the number of deportations from Germany is up slightly compared to the first half of last year.

Two projections show that the Trump administration's tariff revenues would not cover the next 10 years of projected deficits

Pharmaceutical tariffs are coming, part of President Trump’s stated goal of bringing drug manufacturing back to the U.S. Untangling the sprawling, global supply chain will be complicated and expensive,