Trump has sought to impose tariffs on U.S. importers for virtually all foreign goods, which he says will stimulate domestic manufacturing and which critics say will instead make many consumer goods more expensive for Americans.

America has a huge debt, and it's financed by half the world. If foreign nations and investors coordinated, it could force Trump to negotiate more reasonably on tariffs. But the threat on the world economy is huge.

Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of U.S. imports. In recent days, however, Trump announced plans to slap tariffs as high as 50% on dozens of countries, including 25% tariffs on top U.S. trade partners such as Japan and South Korea.

President Donald Trump’s plan to slap a 50% tariff on copper imports is exposing the tangled web of regulations that have long stifled America’s ability to mine and refine its critical minerals. The new tariff is set to take effect in August and will target refined and semi-finished copper,

China warned the Trump administration on Tuesday against reigniting trade tension by restoring tariffs on its goods next month, and threatened to retaliate against nations that strike deals with the United States to cut China out of supply chains.

The Trump administration is imposing a substantial tariff on a raw material that is critical for electric vehicle batteries, which could significantly raise the cost of building EVs in the United States.

The deadline for the start of Trump's heaviest tariffs has been delayed a few weeks, but a new report has nonetheless shown that inflation is once again on the rise.

President Donald Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties in two weeks, ramping up his push to reshape the US’s standing in the global trading system by penalizing purchases from abroad.