In the hours before fresh tariffs on China went into effect, with imports from the country now carrying a cumulative duty of 104%, the president also touched on what he sees as the country’s attitude to the escalating trade war between Washington and Beijing.

The European Commission is working on a plan that could be ready as early as next week to counter President Trump’s auto export levies and a 20% tariff on goods from the bloc, a spokesperson said.

Trump has promised higher rates for his latest and most severe volley of duties, which he calls “reciprocal” tariffs. With so many back-and-forth tariff actions and threats, it can be tough to keep track of where things stand.

US President Donald Trump’s sweeping new tariffs have gone into full effect. When Mr Trump announced the latest round of tariffs on April 2, he declared that the US would now tax nearly all of America’s trading partners at a minimum of 10% – and impose steeper rates for countries that he says run trade surpluses with the US.

President Trump is planning to increase tariffs on China by an additional 84% at midnight, bringing the total of the tariffs imposed in his second term on the world’s second-largest economy to 104%. H

U.S. stocks are surging on a euphoric Wall Street after President Donald Trump said he would temporarily back off on some of his tariffs, as investors had desperately hoped he

The Supreme Court on Monday lifted an order blocking President Donald Trump ’s administration from deporting Venezuelan migrants under the Alien Enemies Act, a rarely used 18th-century wartime law. In a bitterly divided 5-4 decision,