European and Asian markets slump again as the US president's taxes on goods from 60 "worst offending" countries kick in.

President Donald Trump’s promised higher tariffs have gone into effect today, targeting many countries whose goods imported to the US were already subject to a 10 percent base tariff that started on April 5th.

President Trump said he will slap more tariffs on imports from China if it doesn't withdraw a retaliatory tariff on U.S. products. Beijing bristled at his latest threat.

The Supreme Court on Monday lifted an order blocking President Donald Trump ’s administration from deporting Venezuelan migrants under the Alien Enemies Act, a rarely used 18th-century wartime law. In a bitterly divided 5-4 decision,

President Donald Trump announced an additional 50% tariff on goods imported from China, which could potentially double the price of Chinese imports. Trump's additional tariffs followed China's announcement that it was matching the "reciprocal tariff" Trump announced last week amid the new sweeping tariffs on US imports.

The higher rates are set to be collected beginning Wednesday, ushering in a new era of economic uncertainty with no clear end in sight.

The measure, which is intended to bring car factories to the United States, could significantly raise prices for consumers.

President Donald Trump on Tuesday said the U.S. will soon announce a "major" tariff on pharmaceutical imports. Speaking to an event at the National Republican Congressional Committee, Trump said the tariff will incentivize drug companies to move their operations to the U.

While Americans doling out more for groceries and consumer goods would be the most probable outcome of President Donald Trump’s tariff hikes, it’s not the only one.

Trump's punishing tariffs have shaken a global trading order that has persisted for decades, raised fears of recession and driven worldwide stocks sharply downward. The S&P closed below 5,000 for the first time in nearly a year on Tuesday and is nearing a bear market,

U.S. President Donald Trump said on Tuesday the United States is taking in $2 billion per day from tariffs. He made the comment without providing details during an event at the White House. Trump has imposed an array of tariffs on other countries since taking office in January.

The White House is sending mixed messages on tariffs as it pursues conflicting goals, and Senators on Capitol Hill are responding to concerns over tariffs and volatile markets.

South Korea on Wednesday announced emergency support measures for its auto sector, seeking to reduce the blow of U.S. President Donald Trump's tariffs on a sector that has seen years of sharply rising exports to the United States.

Americans will start paying sharply higher prices on imported goods beginning Wednesday, as President Trump enacts sweeping tariffs targeting key U.S. trade partners. Trump on April 5 introduced a universal 10% tax on all imports.

U.S. Trade Representative Jamieson Greer addressed the Senate Finance Committee a day after global markets swung wildly and some business leaders lambasted the president's aggressive bid to raise tariffs on almost every nation on earth.