The massive tariffs that President Donald Trump announced for dozens of trading partners Wednesday were pitched as “reciprocal,” simply aiming to match the tariffs other countries charge the United States.

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.

The price tag for Apple’s iPhones may increase by more than 40% after President Donald Trump announced sweeping reciprocal tariffs on U.S. trade partners, analysts said Thursday, as Trump’s trade policies will likely increase prices across several imported goods, including new cars, coffee, chocolate and other products.

U.S. drinkers will pay more for cocktails, champagne and foreign beers, brands will disappear from bar menus and jobs will be lost on both sides of the Atlantic as a result of U.S. President Donald Trump's reciprocal tariffs,

U.S. financial markets responded with significant losses after President Donald Trump unveiled his tariff plans.

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.

President Donald Trump's standing with critical swing voters appears to have taken a hit as his new tariff policies kick in, according to a new analysis from Impact Social that was shared with Newsweek.

President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, “I think it’s going very well.”

The sweeping new tariffs announced by President Donald Trump on Wednesday triggered a slump in global stock markets, with the US S&P 500 having its worst day since the impact of Covid in 2020. Traders are concerned the tariffs will increase prices and weigh on growth in the US and abroad.