Singapore Prime Minister Lawrence Wong said on Tuesday a 10% universal tariff rate imposed by the United States does not look open for negotiation and warned of potential upheaval in the domestic economy from a global escalation of trade disputes.

Days after U.S. President Donald Trump's announcement of sweeping tariffs shocked multiple U.S. trading partners and global markets, a handful of countries are emerging as potential winners although the risk of a tariff-induced recession will limit the upside.

Congress could stop the tariffs at any time. The Constitution gives Congress the power to control tariffs, but lawmakers have over the decades ceded their power to the White House with laws expanding the president’s trade powers,

Tariffs have dominated headlines over the past week, with President Trump’s sweeping new trade moves shaking up the economy and erasing more

U.S. stocks dove Tuesday following another stunning reversal, with Wall Street veering from a huge gain at the opening of trading to more losses at the close, because investors still have no idea what to make of President Donald Trump’s trade war,

The Trump tariffs sent the markets into a tailspin late last week, following the president’s announcement of a steep set of border taxes on

Trump's sharp tariff hikes last week have heightened many economists' worries that the US could tip into recession.