As Donald Trump’s April 2 “Liberation Day” for announcing “reciprocal” tariffs on America’s trading partners approaches, the question in Beijing is whether this will be the moment when its nascent trade war with the US really escalates.

U.S. President Donald Trump's threat to impose secondary tariffs of 25% to 50% on buyers of Russian crude oil is just crazy and bold enough to perhaps achieve his stated aim of a ceasefire in Ukraine.

Trump’s comments on Sunday revealed the frustration at the White House with the Russian president as negotiations over a settlement of the war in Ukraine continue on without a clear breakthrough. The new threat to hit imports from countries that purchase Russian oil come as Trump prepares to impose tariffs on goods from many of America’s largest trading partners on Wednesday.

Trump has repeatedly called April 2 “Liberation Day,” with promises to roll out a set of tariffs, or taxes on imports from other countries, that he says will free the U.S. from a reliance on foreign goods. To do this, Trump has said he'll impose “reciprocal” tariffs to match the duties that other countries charge on U.S. products.

While prices are expected to increase across the board, some items will see a price bump more quickly than others.

WASHINGTON (AP) — President Donald Trump says Wednesday will be “Liberation Day” — a moment when he plans to roll out a set of tariffs that he promises will free the United States from foreign goods.

The details of Trump's next round of import taxes are still sketchy. Most economic analyses say average U.S. families would have to absorb the cost of his tariffs in the form of h

Stock markets in Europe and Asia also fell, after Trump warned all countries could be hit with tariffs on US imports.

U.S. President Donald Trump said on Sunday that reciprocal tariffs he is set to announce this week will include all nations, not just a smaller group of 10 to 15 countries with the biggest trade imbalances.

Stock markets in Europe have fallen in early trading, following on from steep falls in some Asian markets overnight ahead of Trump tariffs coming into effect this week. Japan's Ni

The president said he “couldn’t care less” if automakers raised prices in response to planned tariffs, reasoning that buyers would choose U.S.-made cars over foreign brands.

President Donald Trump’s tariffs, including levies of 25% on imported steel and aluminum and on goods from Canada and Mexico. “It’s going to cost the industry a substantial amount of money,” said Matt Cole,