The sweeping tariffs President Trump announced last week were a "negotiating strategy," Treasury Secretary Scott Bessent suggested Wednesday as the president announced a 90-day pause on most of those tariffs.

Former Reagan economic advisor Art Laffer said Tuesday both the world and U.S. would see benefit from President Donald Trump’s tariffs and trade negotiations that arise out of them.

President Donald Trump has said that higher tariffs will be paused for most countries for 90 days, with an overall 10% tariff on all countries still in place.

President Donald Trump was set to meet with his Cabinet on Thursday in the 11 a.m. hour, according to the White House schedule. It comes after Trump changed course on tariffs on Wednesday, abruptly backing down on most of his severe levies against dozens of trading partners for 90 days while leaving in place a baseline 10% tariff on nearly every nation.

Fractured trade relations and a potential global recession are poised to reduce international sales and domestic output of fossil fuels.

A number of import taxes are still in place, and with many back-and-forth tariff actions and threats, it can be tough to keep track of where things stand.

President Donald Trump shared on Truth Social that he has “ authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%.” Trump also raised the tax rate on Chinese imports to 125%.

Trump has paused the higher tariffs for most countries but still imposed a 10% baseline.

The worldwide ripple effects from President Donald Trump’s tariffs have been so widespread that one analyst says some in the business world fear the issue may go beyond Trump simply taking a political stand.

The fast-worsening trade war between the United States and China — the planet’s premier geopolitical powers, whose economies are intricately entwined — threatens to wreak severe damage on both nations and will send shockwaves worldwide.

The editorial board of the Wall Street Journal is questioning whether President Trump has a clear agenda on trade as the tariff war with China heats up. “The reality is that Mr. Trump is

Days after imposing large tariffs on virtually every U.S. trade partner – and an island chain inhabited chiefly by penguins – Trump paused most of the duties in response to a stock market collapse and turmoil in the bond market that presaged long-term economic pain at home.

U.S. President Donald Trump said on Thursday that he would love to get a deal with China to end an escalating trade war.

China had raised its duty on American goods to 84% in tit-for-tat hikes that threaten to disrupt trade between the world’s two largest economies.

The ongoing turmoil in financial markets from the day the president declared “Liberation Day” finally generated enough pressure for at least a temporary pause.

Trump defended the tariffs he imposed on other nations but acknowledged some problems with the rollout in a meeting with his Cabinet, "but in the end it's going to be a beautiful thing." Meanwhile, the White House raised the tariffs on all Chinese exports to 125% after Beijing's latest round of retaliation -- that's in addition to the 20% fentanyl-related tariffs imposed in early February,

The move announced on Friday is the latest tit-for-tat retaliatory tariffs hike in a growing trade war between the two superpowers

President Donald Trump's trade war rattled global markets anew on Thursday as stocks and oil prices sank amid fears China may once again respond in kind with higher tariffs to match the latest levies imposed by the United States.

The first read is that this was Trump's plan all along: shock the system, get all these countries to come to the table to make their own trade deals with the U.S. The big chart, t

Two high-profile hedge-fund managers employed colorful language as they debated the finer points of the tariff strategy of President Donald Trump.

Billionaire investor Bill Ackman said on Thursday China was now isolated and other U.S. trading partners were lining up to make deals following President Donald Trump's stunning reversal of his tariff decision.