"Other trading partners observing these threats will have the same mistrust of the negotiation process," experts argue.

International brands are spreading the cost increases globally to soften the blow in the American market, which means that Trump’s tariffs are hitting consumers worldwide

After the announcement of a 30% surcharge on all European products, the 27 member states are opting for a three-pronged approach: negotiating, preparing countermeasures and forming alliances with other major countries to increase their leverage against the US.

Analysts including Deutsche Bank’s Jim Reid and Goldman Sachs’ Sven Jari Stehn suggest Trump's sharp escalation is more likely a negotiation tactic than a firm policy shift.

Following Trump’s 50% tariff hike on Brazilian goods, a decree creates fast-track process for countermeasures against countries targeting Brazilian interests.

European Commission President Ursula von der Leyen and Mexican President Claudia Sheinbaum, in response to President Trump’s latest tariff announcement, say they are open to trade talks but

Colorado Gov. Jared Polis on Monday took executive action in response to President Trump’s tariff policy Polis says “is causing uncertainty for many key Colorado Industries.”

President Donald Trump has sent letters this week outlining higher tariffs countries will face if they don't make trade deals with the U.S. by Aug. 1.

The president’s tariff announcements suggest he has not backed away from his initial strategy, where even smaller trading partners will face tariffs.

US President Donald Trump has settled on another tariff deal - this time with Indonesia. Both Trump and Indonesian President Prabowo Subianto said the tariffs faced by the southeast Asian country would be reduced from 32% to 19%.