4.8%. That’s how much the U.S.’ weighted average tariff rate would be if Trump implemented the country-level strategy, Deutsche Bank economists led by Justin Weidner estimated in a Monday note. That’s a 3.3 percentage-point increase from the 1.5% effective rate U.S. imports had in 2022, according to the World Bank.

U.S. President Donald Trump said that he may sign an order on Wednesday to impose reciprocal tariffs on every country that charges duties on U.S. imports. "I may do it later on, or I may do it tomorrow morning,

Those and other legal setbacks have prompted Trump, key members of his administration and Musk to attack judges who have blocked major pieces of his agenda, in some cases arguing judges have no power to intrude on the president's authority.

Citadel founder Ken Griffin said he’s grateful that Elon Musk is taking time away from his companies to slash government spending but offered blunt criticisms of President Donald Trump’s rhetoric on tariffs.

Prime Minister Narendra Modi’s longstanding bonhomie with President Donald Trump may be tested as the Indian leader kicks off a visit to Washington, eager to avoid tariffs that have been slapped on ot