The new normal for U.S. tariffs on foreign goods starts at 15%.

U.S. President Donald Trump on Friday said there was a 50-50 chance that the United States would reach a trade agreement with the European Union.

The federal government has collected about $100 billion in tariff revenue since the Trump administration instituted its higher import duties earlier this year, which could increase to $300 billion pe...

U.S. President Donald Trump's August 1 deadline for trade partners to sign deals or face hefty tariffs is fast approaching, and investors are playing it cool.

Those directly contradictory takeaways in the White House and on Wall Street have further heightened the stakes ahead of Trump’s self-imposed August deadline, as major trade partners like the Europea...

President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday. Sales in North America plunged 16% due primarily to U.S. tariffs, said Volkswagen, which owns a host of brands including Audi, Lamborghini and Porsche.

Volkswagen lowered its profit and cash flow guidance for the year after the German auto group’s quarterly operating profit dropped 33 per cent due to €1.3bn in tariff costs and its own restructuring c...

U.S. President Donald Trump is unlikely to follow through on his threat to place 100% tariffs on countries that buy Russian oil because it would worsen politically-damaging inflation pressures and hi...