Since the 1960s, tariffs — or import taxes — have emerged from negotiations between dozens of countries. Trump wants to seize the process. “Obviously, it disrupts the way that things have been done for a very long time,

European Commission President Ursula von der Leyen said during the Munich security conference Friday the European Union will respond if the United States imposes reciprocal tariffs.

I’ve decided for purposes of fairness that I will charge a reciprocal tariff,” Trump said in the Oval Office at the proclamation signing. “It’s fair to all. No other country can complain.”

Prices could go up somewhat in the short term, but prices will also go down,” Trump said, before later adding that “nobody really knows what’s going to happen, other than jobs are going to be

Treasury Secretary Scott Bessent defended President Trump’s recent decision to study the proposed reciprocal tariffs instead of immediately enacting them. “As we’ve learned that with

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

President Trump calls for reciprocal tariffs to counter what he has described as "unfair and unbalanced" practices with trading partners.

America's trading partners keep their markets to closed to U.S. exports, White House says in ordering up plan to impose global tariffs.