The average effective tariff rate has been around 16%, Morgan Stanley Wealth Management calculates, 5 times higher than the past average of 3%.

A common theme running through these global developments is that rivals such as China seem to be faring better in dealing with Trump’s challenge to the global order than are traditional U.S. allies ...

U.S. Secretary of State Marco Rubio says there are “areas of potential cooperation” between Washington and Beijing ...

The EU executive is preparing a list of proposed restrictions on US services companies -- including tech giants -- should ...

Volvo CEO Hakan Samuelsson urged the European Union to slash its auto tariffs on the US — an apparent bid to sway President ...

President Trump threatens to raise tariffs, claiming the European Union won't buy U.S. cars or food — but 2024 trade data shows otherwise.

Leaders say it is imperative that the EU negotiate that percentage down by Aug. 1 to avoid "severe" consequences.

Trump’s tariffs have raked in a record $64 billion, but few countries are fighting back. Canada and China tried—then backed off. The rest? Mostly waiting to see what happens before the August 1 ...

Former Russian President Medvedev calls for preemptive strikes while Trump gives Putin a 50-day ultimatum to reach peace with ...

Amidst Trump's threat of secondary tariffs on countries trading with Russia, will India's crude oil supply face uncertainty? Russia has become India's top oil supplier due to discounted rates, ...

A utomaker company Jaguar Land Rover plans to shed 500 management jobs in the UK due to trump tariffs, a clear deviation from ...

It’s not just the exportation of cars from the port that has slowed this year. Approximately 31.5 percent less “high and ...