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.

A heavyweight of Japan’s ruling Liberal Democratic Party called US tariffs “a real mess” after President Donald Trump hiked levies in response to a Supreme Court decision that his previous tariffs were illegal.

By Selena Li and Ben Blanchard HONG KONG/TAIPEI, Feb 22 (Reuters) - U.S. trading partners in Asia were weighing fresh uncertainties this weekend after President Donald Trump announced a new tariff on imports,

Here’s a breakdown of all the U.S. trade levies on countries and sectors—and the turbulent timeline to get there.

The country’s top trade court has clarified that it can order refunds on tariffs owed more than 314 days prior should the Supreme Court strike down President Donald Trump's emergency tariffs, easing importers' fears of a potential barrier to a refund rollout

The monthly trade deficit fell to its lowest level in five years after the president’s imposition of sweeping global tariffs. But it’s unclear whether the trend will persist. Note: Data shows goods and services. Source: Bureau of Economic Analysis.

The Trump administration’s trade policy—specifically its broad, aggressive use of tariffs—has several direct economic costs and benefits: higher inflation, an effective tax on consumers and businesses, and increased government revenue. Trade policy ...