It comes as the president recently announced a 25% tariff on imported vehicles and some auto parts among other tariffs.

In his speech, he listed the new tariffs to be imposed on a number of countries, including the country's biggest trading partners, and a more complete list was released later by the White House. No further tariffs were announced for Canada or Mexico.

US President Donald Trump's new sweeping global tariffs came into effect on Saturday. The US government introduced universal tariffs of a minimum of 10% on imports from all countries. Significantly higher punitive tariffs will apply for some,

Residents of South Jersey and the rest of the U.S. may soon pay more for coffee, clothing and more under new tariffs announced this week by Trump.

U.S. President Donald Trump's cumulative tariff hikes amount to about 22%, which would be equivalent to the biggest U.S. tax increase since 1968, according to a note from JPMorgan.

The US president, who has vowed to remake the global trade order, dismissed concerns, noting the US jobs market is strong.

Not even 24 hours after his party lost a key Wisconsin race and underperformed in Florida, President Donald Trump followed the playbook that has defined his political career: He doubled down. Trump’s move on Wednesday to place stiff new tariffs on imports from nearly all U.