The Trump administration's aggressive global tariff regime against imported goods from some of its closest allies has drawn strong reactions across the board.

The much-anticipated tariffs announcement fuels a global trade war and comes amid warnings from around the world that retaliation would follow.

Britain said it believed a trade deal with the United States was close as it sought to soften the impact of U.S. President Donald Trump's sweeping tariffs which threaten an escalating global trade war that would hurt its open economy.

President Donald Trump said he'll be rolling out reciprocal tariffs. Here's what that means for the U.S. and its global trading partners.

Trump imposed the steepest US tariffs in more than a century, stepping up his campaign to reshape global trade.

Trump stokes trade war as world reels from tariff shock President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.

President Donald Trump is imposing tariffs on US trading partners worldwide, his biggest assault yet on a global economic system he has long bemoaned as unfair. \| Trump said Wedne

President’s ‘Liberation Day’ announcement spares UK from worst of tariffs but will undo trade arrangements that have been in place since 1947

These economies are deeply reliant on selling goods to the United States, and many of them were hit with especially steep taxes.

For decades, global commerce abided by tariff rates agreed to by the U.S. and 122 other countries during the 1980s and 1990s. On Wednesday, Trump detonated that arrangement, saying that other countries had exploited the system and “ripped off’’ the United States for years, causing its once-mighty manufacturing base to shrink.

Stocks nosedived at the opening bell after President Donald Trump upended global markets by announcing tariffs on almost all imports coming into the United States. NBC News' Brian Cheung reports on how the markets are reacting to the tariffs.

Trump announced sweeping global tariffs. President Trump unveiled yesterday his most expansive tariffs to date, hitting all of the U.S. trading partners except Canada and Mexico w

Former President Donald Trump unveiled sweeping new tariffs as he continues to move ahead with his domestic and foreign policy agenda. Follow here for the latest live news updates.

World markets were left reeling on Thursday after U.S. President Donald Trump unveiled reciprocal tariffs to match duties put on U.S. goods by other countries.

Financial markets around the world are reeling following President Trump’s latest and most severe volley of tariffs, and the US stock market is taking the worst of it so far.

President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war would push an already fragile world economy into recession.

Trump announced he was signing an executive order “instituting reciprocal tariffs on countries throughout the world. Reciprocal—that means they do it to us and we do it to them.” In practice, the White House said that will translate into a new 10 percent tariff on all imported goods,

President Donald Trump has dubbed April 2, the day many of his major tariffs will take effect, "Liberation Day." Still, the reality of the situation will be a lot less grandiose for everyday people.

Presented by National Council on Aging{beacon}Trump leans in on tariffs as stocks plummet President Trump’s new tariffs on dozens of countries exporting goods to the U.S. sent markets into a