The White House describes the tariffs as a response to inadequate border and drug enforcement. They are forecast to add thousands of dollars to the price of vehicles.
President Trump's tariff policy is creating uncertainty for places like Tupelo, Miss. with a manufacturing-dependent economy. It's in a conservative county where Trump got nearly 70% of the vote.
China will impose additional tariffs of up to 15% on imports of U.S. farm products, including chicken, pork, and soy. They follow Trump's order to raise tariffs on imports of Chinese products to 20%.
President Trump cited outdated drug overdose data to justify tariffs against Canada, China, and Mexico. He also offered no evidence Canada is fueling the U.S. drug crisis.
Little about how Trump discusses tariffs is normal — not only because he threatens tariffs on a weekly, even daily, basis, but also because it's often unclear if or when those tariffs will happen.
President Trump has declared multiple national emergencies since taking office. That's helping him act quickly. There are few checks and balances on the emergency powers he's claiming.
India's Prime Minister Narendra Modi, a nationalist criticized over India's democratic backsliding, has welcomed President Trump's return to the White House. India so far has been spared new tariffs.
Vance will likely use the summits to resist further AI regulation while reiterating a common Trump refrain: that military allies need to further ramp up spending that supports NATO and Ukraine.
A tax on all imported steel and aluminum could give a helping hand to domestic steel and aluminum makers, but raise costs for businesses and consumers that buy the metals.
The tariffs from China range from 10% to 15% and are applied to crude oil, liquefied natural gas, farm machinery and select other products from the U.S.
President Trump's threats to impose new tariffs on European goods has led Americans to suddenly stockpile their favorite Italian wines, especially sparkling Prosecco.
Tariffs are now in effect on goods from China, and imports from Canada and Mexico could be next (again). Americans are likely to see higher prices on a wide variety of products as a result.