President Donald Trump announced on Saturday that the European Union and Mexico will face 30% tariffs, starting Aug. 1. ABC News Senior White House Correspondent Selina Wang breaks down the latest.

America’s biggest trading partners have tried tactics ranging from appeasement to retaliation to avoid higher tariffs. All ...

President Donald Trump released two tariff letters on Saturday, imposing duties of 30% on products from Mexico and the ...

Senior EU officials told the FT that they did not expect Trump to ultimately go through with his new threat of 30 per cent ...

President Donald Trump has announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1 ...

Most nations are still negotiating in hopes of avoiding punitive import taxes. At the same time, they’re looking for trading ...

Businesses typically pass tariff costs onto consumers through higher prices. Sometimes, that process is less subtle.

President Donald Trump posted letters to the leaders of Mexico and the European Union, saying they had not done enough to ...

The tariffs are likely to inflame tensions with one of the largest U.S. trading partners.

Leaders from both economies had been trying to negotiate more favorable terms, only to have those efforts blown up by form ...

President Donald Trump has posted two new letters on his social media platform announcing tariffs on the European Union and ...

The U.S. will charge a 30% tariff on goods from the European Union and Mexico effective Aug. 1, President Trump said in ...