President Trump triumphantly held up a poster board in the Rose Garden on Wednesday showing the reciprocal tariffs he plans to impose on nearly every country in the world. But just how the White

President Donald Trump claimed Wednesday that sky-high new taxes on imported goods would be “reciprocal,” meaning they were payback for tariffs other countries have slapped on U.S. exports. But the reciprocal tariffs turned out not to be based on actual levies imposed by other countries.

As the world tries to make sense of Trump’s sprawling new import taxes, the administration’s internal instructions say advisers should characterize the tariffs as a response t

The price tag for Apple’s iPhones may increase by more than 40% after President Donald Trump announced sweeping reciprocal tariffs on U.S. trade partners, analysts said Thursday, as Trump’s trade policies will likely increase prices across several imported goods, including new cars, coffee, chocolate and other products.

Russia and North Korea were excluded from Trump's tariff list as neither country engages in meaningful trade relations with the United States.

Canadian and Mexican goods that are compliant with the U.S.-Mexico-Canada Agreement will continue to be tariff-free, the White House has said. An administration official said Wednesday that new reciprocal tariffs wouldn't apply to Mexico and Canada,

Vice President JD Vance acknowledged the economic upsides of Trump’s tariffs won’t “happen immediately,” however.

Confusion reigned even among some White House officials about what rate the approximately $440 billion in Chinese imports would face.