President Donald Trump is expected to outline his trade policy for his second term in an executive action Monday. But that action – described by sources as a “placeholder” – won’t institute new global tariffs that Trump has promised would raise trillions of dollars.

President Donald Trump will issue a broad trade memo on Monday that stops short of imposing new tariffs on his first day in office but directs federal agencies to evaluate U.S. trade relationships with China,

Trump made the threat against the two major US trading partners hours after taking the oath of office -- and promised to make liberal use of tariffs as a foreign policy tool.

US President Donald Trump promised tariffs and taxes on other countries yesterday after being sworn in, although he held off announcing any

President Donald Trump did not immediately impose tariffs on Monday as previously promised but directed federal agencies to "investigate and remedy" persistent U.S. trade deficits and unfair trade practices and currency manipulation by other countries.

Hawkish voices in his White House—notably, Stephen Miller, deputy chief of staff for policy—are pushing for the universal tariffs that Mr Trump promised on the campaign trail. By using his presidential memo to call for an “America first” trade policy without specifying its actual content,

The dollar nursed broad losses on Tuesday after U.S. President Donald Trump stopped short of imposing new tariffs and reports suggested any new taxes would be imposed in a "measured" way, a major relief for trade-exposed currencies.