And there is of course the Smoot-Hawley Tariff Act of 1930, which the US introduced, imposing huge raft of tariffs across the board and it plunged the world basically into a recession which fanned the ...

Markets are facing their worst crisis since the COVID crash after China matched President Donald Trump’s big raise in tariffs ...

Global stocks sink and FTSE sees biggest drop since Covid pandemic on second day of market turmoil - Beijing hits back after ...

Trump’s latest announcement of a “universal” minimum tariff of 10% on most imports (with punitive rates as high as 20–34% on strategic rivals like the EU and China) represents a seismic shift in U.S.

The White House claims that the sweeping tariffs are aimed at freeing America from its dependence on foreign goods.

The worldwide fallout of the US President Donald Trump’s tariffs could hit the European Union particularly hard, economists who spoke to RFE/RL said, sparking fears of coming inflation and an embattle ...

The European Union, already feeling abandoned by the Trump administration over security, said the common market of 450 ...

Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a global trade war — all while ...