Dozens of economies including India, Canada and Mexico face threats of higher tariffs Friday if they fail to strike deals with Washington. - Global tariffs - US "reciprocal" tariffs -- imposed under legally contentious emergency powers -- are due to jump from 10 percent to various steeper levels for a list of dozens of economies come August 1,

The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.

There will be no more extensions on tariff deadlines, and they will go into force as scheduled on August 1, Commerce Secretary Howard Lutnick said Sunday. Why it matters: Since January, the world has gotten accustomed to President Trump announcing tariffs and then reversing them,

The customized tariff rates were slated to take effect on April 9, but then got delayed 90 days and then postponed again until Aug. 1.

With inflation creeping back into the US economy, it's as important as ever to have a firm grasp on Donald Trump's tariffs and what they mean.

Breaking down the umbrellas and beach gear for his Quebecois family of 11 one afternoon this week, Paul Genier, 63, said the big group was missing many people. “Usually we are a group of let’s say 30 persons,

President Trump announced a sweeping new preliminary trade deal with the European Union in which the 27-country bloc will agree to purchase $750 billion of American energy and invest $600 billion into the US beyond current levels.

Trump recently said he will impose a 35% tariff on Canada, the latest salvo in his on-again, off-again trade war with the U.S. ally and top trade partner.