U.S. President Donald Trump announced a new wave of tariffs, targeting several nations with varying rates. These tariffs, known as “reciprocal tariffs,” are meant to counter what Trump calls unfair trade practices.

President Donald Trump imposed the steepest American tariffs in a century as he steps up his campaign to reshape the global economy, sparking threats of retaliation and a selloff in markets around the world.

U.S. President Donald Trump smashed a more than 75-year-old global trading system with a new baseline 10% U.S. tariff on goods from all countries and higher reciprocal tariff rates for countries that his administration says have high barriers to U.

President Donald Trump said he'll be rolling out reciprocal tariffs. Here's what that means for the U.S. and its global trading partners.

US President Donald Trump has imposed a 10% tariff on goods from most countries being imported into the US, with even higher rates for what he calls the "worst offenders". But how exactly were these tariffs - essentially taxes on imports - worked out?

Trump imposed the steepest US tariffs in more than a century, stepping up his campaign to reshape global trade.

Speaking in the Rose Garden of the White House, the president announced new “reciprocal” tariffs on almost all America’s trading partners. There will be levies of 34% on China, 27% on India, 24% on Japan and 20% on the European Union.

Following President Trump’s announcement of sweeping tariffs on goods imported to the U.S., many world leaders are vowing to impose their own countermeasures. NBC News’ Molly Hunter breaks down which countries could be the most affected by the president’s tariffs and how world leaders are responding.

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The iPhone maker spent years trying to move production of some products out of China to avoid tariffs. But now that may not matter.

Trump’s tariffs are an economic emergency. If implemented, the US’s average tariff rate would be higher than under Smoot-Hawley. They would constitute the largest tax increase since the 1968 levies to fund the Vietnam war.

US President Donald Trump is set to unveil a new round of sweeping tariffs on Wednesday, his so-called "Liberation Day," framing the move as a push for fairer trade. Trump is promising new "reciprocal tariffs" to punish other countries for their tariffs and trade barriers.

New tariffs from President Trump is expected to take effect overnight Tuesday into Wednesday. Kid Rock has revealed that comedian Bill Maher’s “mind was blown” after his White House sit down with President Donald Trump.