Residents of South Jersey and the rest of the U.S. may soon pay more for coffee, clothing and more under new tariffs announced this week by Trump.

President Donald Trump, speaking at the White House, held up a chart showing proposed import taxes: 34 percent on China, 20 percent on the EU, among others.

President Trump introduced new reciprocal tariffs for several countries to bring back manufacturing jobs to the US. China faces 54% tariffs, India 26%, Japan 24%, and the EU 20%. His announcement received global backlash and mixed reactions within the US.

Big investors reeling from the shock of U.S. President Donald Trump's hefty new tariffs are pulling out their global recession playbooks and rushing to diversify away from battered Wall Street stocks and the dollar.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill

U.S. President Donald Trump disrupted a global trading system that had been in place for over 75 years by introducing a new baseline 10% U.S. tariff on goods from all economies. Higher reciprocal tariff rates were imposed on some economies,

Sweeping tariffs imposed by U.S. President Donald Trump on Wednesday are set to increase prices of cannabis products in the country, as many firms rely on Asia for manufacturing. The latest levies will stack up on any duties imposed earlier on countries like China,

The global fashion industry was left stunned on Wednesday after US President Donald Trump announced the highest and most comprehensive tariffs in nearly a century, with the most severe levies reserved for some of the biggest apparel manufacturing hubs.

Now, Trump’s tariff plan will send them further upward. It’s impossible for literally everything to be grown in the United States, as the country’s climate is not right for bananas, avocados, coffee and other produce at the scale necessary to meet U.