US President Donald Trump said Friday that he would double steel and aluminum import tariffs to 50 percent from next week, the latest salvo in his trade

Court decisions striking down President Donald Trump's tariffs on dozens of countries have reduced pressure to 'cave in' to his demands, said one official.

The White House last month paused far-reaching “reciprocal tariffs” on dozens of countries, just hours after the measures took effect. Trump has also eased sector-specific tariffs targeting ...

The White House says it will appeal, adding "it is not for unelected judges to decide how to properly address a national emergency".

NEW YORK] A US trade court blocked most of President Donald Trump’s tariffs in a sweeping ruling on Wednesday (May 28) that found the president overstepped his authority by imposing across-the-board duties on imports from US trading partners.

Hours before President Donald Trump’s “reciprocal” tariffs were set to take effect last month, he said, “These countries are calling us up, kissing my a**. They are dying to make a deal. ‘Please, please,

Tariffs are still relatively high compared with previous rates, and the tech industry faces the prospect of additional sector-specific import ... are now going to be in effect as of tomorrow ...

Trump imposed sweeping tariffs against most countries, introducing steep duties for several trading partners - including the EU - and sector-specific measures on automobiles, steel and aluminum not produced in the United States.

Significant duties remain despite the Trump administration’s partial rollback on specific tariffs ... reliance underscores the sector's vulnerability to tariff-induced disruptions.

Second, stay the course on sound macroeconomic policies. In times of uncertainty, markets will scrutinize fundamentals. Durable policies can limit increases in risk premia. This means that central banks should remain cautious on monetary normalization and governments need to keep an eye on fiscal sustainability.

When assessing the impact of tariffs, companies need to consider two primary factors, said McKinsey: the value-add stage at which the tariff is assessed (for example, chip-level and end-device tariffs) and how the product’s exporting country of origin is defined (such as the final value-add step or country of last substantial transformation).