In the global market turmoil, economists, analysts, and even figures from within Donald Trump's camp, including Elon Musk, have openly criticized the US president's new "reciprocal tariff" formula for ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

President Donald Trump announced "reciprocal" tariffs in an early morning post on Truth Social then rolled out his plan on Thursday afternoon in the Oval Office. "THREE GREAT WEEKS, PERHAPS THE BEST ...

As with many of his political positions, President Trump’s extraordinary new tariffs are based on the presumption that the United States is being treated unfairly by the rest of the world. He ...

The fresh round of tariffs escalated a global trade war. President Donald Trump unveiled sweeping new tariffs on Wednesday, which the White House dubbed "Liberation Day." "This is one of the most ...

It is often unclear what the president is trying to accomplish with his reciprocal tariffs, which adds to the uncertainty surrounding his trade wars. File - A cargo ship sails past the Panama Canal's ...

President Donald Trump on Thursday signed an executive order imposing reciprocal tariffs on U.S. trading partners, effectively raising duties on imports to match those levied on America's exports.

President Trump announced Friday he would place reciprocal tariffs on Canadian dairy and lumber if Ottawa does not drop its rates. “Canada has been ripping us off for years on tariffs for lumber and ...

After months of speculation, President Donald Trump on Wednesday revealed his long-awaited tariff strategy to restore manufacturing—one that threatens to stoke inflation at home and retaliation abroad ...