President Trump escalates his trade war, imposing new tariffs on Mexico and the EU. The move raises concerns about rising consumer prices and economic uncertainty.

President Donald Trump has been sending letters to countries outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1.

Trump insiders maintain that it would make little sense — politically or from a policy standpoint — for the president to offer any further extensions on trade.

Trump this week announced tariffs on other countries, including Japan, South Korea, Canada and Brazil, as well as a 50% tariff on copper.

Free Trade. Trump Undermines His Own South Korea Trade Deal With New 25 Percent Tariffs In 2018, Trump hailed a trade deal with South Korea as "fair and reciprocal" and said it was "a historic ...

President Donald Trump has managed to make his erratic trade policies even more baffling to countries desperate to negotiate an escape from his wrath.

Trump said on Tuesday that South Korea should be paying for its own military protection, suggesting the US ally needed to pay more for the US troop presence there, a day after the tariff announcement.

The yen took a hit on Tuesday from U.S. President Donald Trump reiterating his plan to impose 25% tariffs on goods from Japan and South Korea in the latest twist of his chaotic trade war. The Australian dollar charged higher after the country's central bank defied market expectations and left its cash rate steady at 3.