President Donald Trump is scheduled to announce significant tariffs on other countries in a speech Wednesday afternoon at the White House.
The Trump administration took that formula’s figure, -0.5 for South Korea, and divided it by two to calculate the U.S. “discounted reciprocal” tariff rate. So, while South Korea imposes an effective tariff rate of .79 percent on U.S. goods, the reciprocal tariff rate the U.S. is imposing on South Korea is 25 percent.
White House press secretary Karoline Leavitt will speak to reporters Tuesday afternoon, a day before President Trump’s tariffs on the Canada, Mexico, China and certain product imports, are
More than a dozen countries set for US reciprocal tariffs spent the first day of President Donald Trump's tariff rollout not only bracing for the economic fallout but with confusion about exactly what rates they might face.
President Trump on Saturday urged Americans to "hang tough" and played golf as his baseline 10% universal tariffs went into effect.
President Trump on Saturday took a victory lap over the sweeping new tariffs he levied on nearly all foreign trading partners, claiming the end result will serve as an “economic
The president claims the measures will help autoworkers. But experts say that’s far from certain—and that they could tank the industry instead.
U.S. President Donald Trump’s sweeping ‘Liberation Day’ reciprocal tariffs were described as ‘meticulously planned,’ but among the targets are the landlocked African nation of Lesotho, an island home to a U.