Trump's new tariffs could drive up prices, impact jobs, and shift global trade. Explore the economic effects and what’s at stake for consumers and businesses.

President Donald Trump on Thursday moved to tear up decades-old low U.S. tariff rates, raising them to match those of other countries and counteract other barriers to American goods to try to shrink a U.

Trump calls it unfair that some countries apply higher tariffs to specific American goods than the U.S. applies back. A new executive order seeks to change that.

On today’s Big Take Asia podcast, why a second trade war between the US under Trump and China under Xi could look very different from the first

"I’ve decided for purposes of fairness that I will charge a reciprocal tariff," Trump said in the Oval Office at the proclamation signing. “It’s fair to all. No other country can complain.” Trump's Republican administration has insisted that its new tariffs would equalize the ability of U.

President Donald Trump doubled down on his extraordinary push for more balanced trade, ordering on Thursday that agencies should investigate plans for new reciprocal tariffs that could boost America’s revenue — but could also ignite a global trade war and add to America’s rebounding inflation problem.

President Donald Trump said today our trading partners impose unfair tariffs on American goods. He is now planning to set up reciprocal tariffs on other countries.