Trump has been advocating higher tariffs for decades. In 2018 and 2019, during his first term, he roughly doubled the trade-weighted average statutory tariff rate from 2% to 4%, the highest level since the North American Free Trade Agreement (NAFTA) went into force in 1994.

Sometimes there are real calculations behind its tariff rates. But those calculations don’t make sense to economists.

The court is examining whether Trump overstepped his powers by using the IEEPA to impose tariffs. Lower courts have already ruled that many of these tariffs were illegal.

No matter where you doom-scroll, your news feed is most likely filled with tariff talk and the ramifications of the resulting trade war. However, in all the noise, it’s easy to get lost in the complicated back-and-forth. What you need is a simple ...

Describing the pact as the most ambitious market opening India has ever offered a trading partner, the European Commission said it would give EU firms a strong competitive edge. The agreement grants privileged access to India’s 1.

Once operational, around 93% of India’s exports are set to gain duty-free entry into European markets, while Indian consumers are likely to see lower prices on premium European imports such as luxury automobiles and wines.

European Union (EU) leaders are preparing €93 billion retaliation after US President Trump threatened tariffs over Greenland. Several countries called the move blackmail and warned of a dangerous trade escalation.

The Supreme Court is deciding if Donald Trump had the power to use IEEPA to put tariffs on imports from China, Mexico, and Canada. Businesses like Costco challenged him. Experts say the law never meant for tariffs.