President Donald Trump and Federal Reserve Chairman Jerome Powell hinted at the impact that tariffs might have on the world's biggest economy, with both surprising investors by adopting a stance that seemed to contradict their previous views.

President Donald Trump said the Federal Reserve should cut interest rates, splitting with the US central bank as officials weigh the economic cost of his tariff push. “The Fed would be MUCH better off CUTTING RATES as U.

Federal Reserve Chair Jerome Powell on Wednesday said President Donald Trump’s tariffs are partly to blame for price increases, leveling the criticism minutes after the central bank announced its decision to hold interest rates steady.

Across wine country in France, Italy and Spain one number is top of mind: 200%. That's because last week U.S. President Donald Trump threatened a tariff of that amount on European wine, Champagne and other spirits if the European Union went ahead with retaliatory tariffs on some U.

President Donald Trump has threatened a 200% tariff on all alcoholic products shipped from the European Union, dismaying drinkers, restaurateurs, bar owners and suppliers across the US.

Chinese companies cut back on the small packages they shipped to the US last month, as President Donald Trump looks to close off the trade and impose tariffs on all imports from China.In February, the value of the small packages shipped from China to the US fell by almost 5% from a year earlier,

China's giant steel industry is facing mounting pressure on exports this year as it faces another wave of trade frictions from U.S. President Donald Trump's new tariffs. Trump announced plans earlier this month to impose 25% tariffs on all steel and aluminium imports into the United States,

The country's key indexes have seen significant gains in recent weeks fueled by optimism surrounding China's tech sector.