U.S. allies and partners like the U.K. and the European Union facing higher tariffs but countries like Brazil, China and India get a reprieve.

It was always unthinkable that President Donald Trump would choose a new “most beautiful word” in the dictionary after the Supreme Court knocked back his emergency tariff powers.

The US Supreme Court ruled against the tariffs imposed by Trump under IEEPA. Based on the financial world’s initial reaction, the effects will be relatively minor. Read more

Donald Trump has introduced tariffs on goods coming into the US from most countries around the world. The US president argues that the taxes will boost domestic manufacturing and create jobs. But critics have warned of higher prices for consumers and ...

Tariffs of up to 50% on countries with large U.S. trade deficits are linked to price increases for goods like vehicles, furniture, toys and food. Although the Consumer Price Index rose 2.7% over the past year, future inflation is expected as businesses ...