That’s more or less the go-to line for Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and a host of other top Trump aides and White House officials when they share the administration’s plans for tariffs and trade negotiations.

Trump’s so-called reciprocal tariffs are scheduled to go into effect on August 1 after a 90-day delay—just as American families begin back-to-school shopping—and could hike up the cost of consumer goods imported from other countries.

Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of U.S. imports. In recent days, however, Trump announced plans to slap tariffs as high as 50% on dozens of countries, including 25% tariffs on top U.S. trade partners such as Japan and South Korea.

Retailers exploit tariffs to justify price hikes on products not affected by trade policies, contradicting Trump's America First agenda to lower consumer costs

General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst expectations for the period on Tuesday, supported by strong sales of its core gasoline trucks and SUVs.

With President Donald Trump’s controversial tariff policies fluctuating on a nigh-daily basis, news headlines the world over are dominated by discussion over the potential impacts on the U.S ...

President Trump is facing his most challenging political moment of his second term, with rough poll numbers and growing furor over his administration’s handling of the Jeffrey Epstein case.

European Commission President Ursula von der Leyen announced that she is to meet with US President Donald Trump on Sunday in Scotland. The meeting would come days ahead of August 1, when Trump said we would impose tariffs of 30% on imports from the European Union for alleged trade imbalances.