The 10% or greater tariffs on imports from most countries worldwide announced Wednesday by President Donald Trump earned a scathing reaction from the top U.S. economist at the U.S’ biggest bank, JPMorgan Chase, leading a cold response from Wall Street to Trump’s plans to upend the global trade order.

President Donald Trump just announced a 10 percent baseline tariff on all imports to the U.S. Even before today’s announcement, a majority of chief financial officers have said that they expect the economy to be in recession in the second half of 2025,

The latest round of U.S. trade tariffs will sap yet more vigour from a world economy barely recovered from the post-pandemic inflation surge, weighed down by record debt and unnerved by geopolitical strife.

We’re going to start being smart, and we’re going to start being very wealthy again,” President Donald Trump announced today as he laid out a plan that risks derailing America’s economy. At his “Liberation Day” event,

U.S. Council of Economic Advisers Chair Stephen Miran told Fox Business on Wednesday that there will be short-term bumps caused by tariffs announced by Washington, while Treasury Secretary Scott Bessent urged other countries not to retaliate.

We’re bringing you an afternoon Inside Congress update because we just got our hands on what the White House is telling rattled Capitol Hill Republicans about President Donald Trump ‘s latest wave of tariffs.

The Senate vote came after Trump implemented 10% across-the-board tariffs on imports and additional reciprocal tariffs on goods from 60 countries.

A measure to cancel some Canadian tariffs is all but certain to stall in the House. But with a handful of Republicans in favor, the vote sent a signal of opposition to the levies.

A bipartisan pair of U.S. Senators introduced legislation on Thursday that would require Congress to approve all tariffs within 60 days. Sen. Chuck Grassley, R-Iowa., and Maria Cantwell, D-Wash., proposed the measure.

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

The tariffs were fueling the strongest GOP pushback since Trump's inauguration, though Speaker Mike Johnson defended them

The U.S. Senate on Wednesday passed legislation that would terminate new tariffs on Canada, just hours after President Donald Trump unveiled a raft of duties on foreign goods against countries spanning the globe.

President Trump's new tariffs against more than 60 countries sent markets tumbling in Asia. CBS News New York's Jared Hill reports.

Analysts have questioned claims that new tariffs are reciprocal and based on those charged against the US.

Countries will struggle to figure out how Trump’s officials calculated each specific rate, which he said was based on a mix of tariffs, subsidies and currency manipulation. A few, such as Brazil and the UK,

President Donald Trump and his advisers landed on tariffs of at least 10% on imports, with nearly 60 countries and the EU facing even higher taxes.

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.

Based on the possibility of broad 20% tariffs that have been floated by some White House aides, most analyses see an economy tarnished by higher prices and stagnation. U.S. econom

Trump announced on Wednesday that his administration will be imposing reciprocal tariffs on dozens of countries. Here's when they go into effect

President Donald Trump on Wednesday unveiled global reciprocal tariffs during an event at the White House. Following are highlights of Trump's remarks: * "In many cases, the friend is worse than the foe in terms of trade,

Senate Republicans are facing pressure from President Donald Trump to resist voting for a Democratic resolution to nullify the presidential emergency on fentanyl he is using to implement tariffs on Ca

The announcement, which has been teased by the administration, comes on the heels of other tariffs already put in place on good from Cananda and reciprocal tariffs tariffs by the neighbors to the north on American goods Trump will unveil his global tariffs plan today at a 4 p.