The 15% tariff would be lower than previously threatened but remains a high duty on America’s largest trading partner.

The Trump administration's tariff strategy aims to secure better trade deals, but experts warn of inevitable consumer price hikes. As tariffs on steel, aluminum, and other imports increase, the cost of essential goods is set to rise,

Local businesses are bracing for the impact of President Donald Trump's sweeping retaliatory tariffs, set to take effect next week.

DETROIT (FOX 2) - The impact of tariffs is causing frustration for Metro Detroit businesses both large and small. On Wednesday, a group of small business owners gathered and spoke about their growing concerns about the Trump Administration's tariffs that they say are hurting the bottom line of many.

That’s exactly what happened in 2019, when Trump first imposed tariffs on Chinese imports. The yuan depreciated enough to offset the tariffs, leaving dollar prices largely unchanged and U.S. sales steady. Chinese exporters took the hit, earning fewer dollars per sale.

The Trump administration’s tariffs are causing a significant shift in supply chains and diplomacy, with major U.S. corporations and trading partners scrambling to cope with the new rules.

The on-again and off-again tariffs that President Donald Trump has been imposing and then rescinding on other countries has created uncertainty in agricultural markets worldwide and is affecting ag pr

Brazilian motor maker WEG said on Thursday it expects to offset most of the impact from the 50% tariff U.S. President Donald Trump said he would impose on Brazilian goods partly by adjusting some export routes.

President Donald Trump's tariff policies have created global economic uncertainty since taking office. A timeline of key actions reveals rising tariffs on Mexican, Canadian, and Chinese imports, causing market chaos and affecting worldwide trade relations.

With inflation back on the rise, keeping track of specific products for price changes can help give you a clearer picture of where things stand.

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.