President Trump says he reached a trade agreement with the Philippines following a White House visit by its president. The U.S., the Philippines and other Asian allies are increasing their cooperation to counter China,

In an exclusive interview with Newsweek, the former Commerce Secretary discusses trade, China and tariffs under Trump 2.0.

Trump said the U.S. will impose a 15% tariff on Japanese imports under the agreement, which he hailed as "maybe the largest deal in history."

The European Union still wants a trade pact with the US, but the bloc said to be readying its counterattack as President Trump plays hardball and makes a no-deal outcome more likely. EU member states are pushing for new and stringent measures to retaliate against US companies,

Trump's 145% tariffs on Chinese goods have caused cargo shipments to plummet by up to 60%. Major retailers warn of empty shelves and higher prices as the critical inventory-building period for holiday shopping approaches.

Helen of Troy's market value plummets as U.S. tariffs against China continue to hurt El Paso consumer products company's operations.

President Donald Trump plans to impose tariffs on countries purchasing Russian oil, including China, India, and Brazil, Republican Senator Lindsey Graham said. “These countries buy about 80% of cheap Russian oil,

The president’s “reciprocal” tariffs, which were paused in April after markets reacted negatively, are supposed to come into force on August 1 for countries that fail to strike trade deals with Washington.