While the varied "reciprocal" tariffs announced last week are on pause, universal 10% tariffs and sector-specific import taxes could still have major effects on the economy.

In the aftermath of Wednesday’s tariff whiplash, President Donald Trump is deciding exactly what he wants out of trade talks with as many as 75 nations in the coming weeks

The U.S. and China have escalated trade war by raising tariffs even as Trump hit a pause on tariffs for other countries.

Donald Trump announced a massive tariff plan last week that would have upended the global economic order as well as long-established trading relationships with America's allies. But that plan - or at least a significant part of is - is on ice after the president suspended higher tariffs on most countries for 90 days while leaning into a trade war with China.

The tariff fight between the world’s two largest economies escalated as President Trump tried to narrow his global trade war into a direct face off with Beijing.

President Donald Trump's trade war rattled global markets anew on Thursday as stocks and oil prices sank amid fears China may once again respond in kind with higher tariffs to match the latest levies imposed by the United States.

US President Donald Trump's political allies reacted with relief after Wednesday's U-turn on tariffs, insisting it was part of a wider plan. Trump backed off imposing worldwide higher-rate tariffs, or taxes on imports.