President Donald Trump announced 25% taxes on products from Japan and South Korea, in addition to the threat of higher potential tariffs on goods from those nations if they raise their tariffs on American goods.

President Donald Trump unveiled his most sweeping volley of tariffs yet — holding up large charts from the White House Rose Garden to outline new import taxes that the U.S. would soon slap on goods fr

U.S. President Donald Trump on Monday (July 7) began telling trade partners - from powerhouse suppliers like Japan and South Korea to minor players - that sharply higher U.S. tariffs will start August 1,

Instead of treating tariffs as part of a broader trade policy, President Trump views them as a valuable weapon he can wield on the world stage.

Trump sent letters to 14 countries threatening them with new tariffs, and the White House said more countries may be included in the coming days.

A day later, Trump said the U.S. will impose 50% tariffs on copper, as well as 200% tariffs on pharmaceuticals.Trade deals could be coming. Japan’s top trade negotiator, for example, said July 8 that talks with the U.