Trump’s plan to boost tariffs isn’t likely to endear him to global leaders, but in the long run, may cause nations already imposing tariffs on American goods to back off these

The move, which goes beyond the imposition of a flat tariff on all nations, threatens to shatter what remains of the global trading system that has been in operation since 1947.

Trump signed proclamations raising the U.S. tariff rate on aluminum to 25% from his previous 10% rate and eliminating country exceptions and quota deals. The measures will take effect on March 4.

US president Donald Trump signed a memo on February 13, 2025 ordering his economics team to create plans for reciprocal tariffs on every country that tax imports from the United States. Dubbed the ‘Fair and

The president tasked top Cabinet officials to study the matter further before deciding on specifics, a process the White House said could take weeks or months.

Trump calls it unfair that some countries apply higher tariffs to specific American goods than the U.S. applies back. A new executive order seeks to change that.

President Donald Trump says he’ll sign an order that increases U.S. tariffs to the rates other countries charge on imports

U.S. President Donald Trump tasked his economics team on Thursday with devising plans for reciprocal tariffs on every country taxing U.S. imports, ramping up prospects for a global trade war with American friends and foes.