One reason governments use tariffs is to protect domestic industries. However, tariffs can have downsides, including reducing the purchasing power of consumers.

If all of President Donald Trump's tariffs are implemented, it could create a trade war with back-and-forth retaliatory tariffs, which might raise consumer costs and unemployment rates.

Investors are assessing China's instant retaliation to Trump's additional tariffs, amid worries about the risk of a trade war ...

Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.

When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and ...

Bitcoin has experienced a decline in value amid escalating trade tensions. Currently, BTC is trading at $100,780, which is ...

China imposed targeted tariffs on U.S. imports on Tuesday and put several companies, including Google, on notice for possible sanctions, in a measured response to the sweeping duties on Chinese ...

Clearly, the tools of global trade policy are back in the hands of the master of "The Art of the Deal," but what’s less clear ...

China's tariffs - due to begin next Monday - would also apply to US oil and farm machinery, but more talks are due this week.

Yet as a source of revenue relative to the size of today's global economy, income from tariffs is "modest", said the Council ...

Tariffs have dominated headlines since President Donald Trump took office just over two weeks ago, as he threatened steep, sweeping tariffs on goods the United States imports from its three largest ...

GM, Ford and Stellantis stock plunged in initial trading Monday in light of a pending trade war. But Wall Street showed some resiliency later.