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.

President Donald Trump set out early in his second term to fulfill a decades-long desire of reshaping US trade with the world ...

In the last week, Trump has slapped trading partners with tariffs rather than slog through prolonged talks to reach ...

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

President Donald Trump on Saturday threatened duties of 30% on products from Mexico and the European Union, two of America’s ...

President Donald Trump on Saturday announced he's levying tariffs of 30% against the European Union and Mexico starting Aug. 1, a move that could cause massive upheaval between the United States and ...

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

It's a strategic move. Ford believes that people have seen increasing costs in other parts of their lives, including higher ...

A senior German politician said on Sunday the European Union and Washington could negotiate further and postpone higher import duties after U.S. President Donald Trump ramped up the trade war by ...

President Donald Trump said in a letter that he will raise taxes on many imported goods from Canada to 35%, deepening a rift between two North American countries that have suffered a debilitating blow ...

President Trump has announced the U.S. will impose 30 percent tariffs on imports from two of its largest trading partners, Mexico and the European Union beginning August 1. Here in the Bay Area, ...