When President Donald Trump last rolled out tariffs this high, financial markets quaked, consumer confidence crashed and his popularity plunged.

August 1st, they pay and everybody pays. Everybody has to pay,” said President Donald Trump regarding the new tariff rates he ...

The administration's missives reupping — but also delaying — his tariff threats are further souring the mood toward the US ahead of Secretary of State Marco Rubio's trip to the region.

It came after the Trump administration released letters informing Japan and South Korea that their goods will be taxed at 25 per cent starting on August 1, citing persistent trade imbalances with the ...

RBA STUNS MARKETS The standout performer among the major currencies on Tuesday was the Aussie dollar, which rose more than 1% in response to the RBA's surprise decision to leave rates unchanged. It ...

President Donald Trump sent letters to 14 countries Monday outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1. In the letters, which were posted on Truth ...

Blink - Online identity & payment technologiesHistorically, discussions of tariffs have not always been directly tied to xenophobia, but the debates surrounding each have grown intertwined over ...

Cushing, however, projects an even steeper price hike. "A doubling of tariffs from 25% to 50% could raise the cost of a car from $1,500 to $3,000 per vehicle," he told CBS MoneyWatch in an email.

WATCH: Trump says he’s doubling steel import tariffs to 50% at U.S. Steel plant The 50% tariffs went into effect just after the clock struck midnight on Wednesday.

NEW YORK — U.S. President Trump has promised to hike nearly all of his tariffs on foreign steel and aluminum to a punishing 50% Wednesday, a move that would hammer businesses from automakers to ...

President Trump announced Friday he'll double steel tariffs from 25% to 50% during a visit at a U.S. Steel mill in the Pittsburgh area.