President Donald Trump introduced his “discounted reciprocal tariffs” on over 200 countries on April 2. Most countries receive a base tariff rate of 10%, but for countries receiving more, the rates were calculated by halving a rate he displayed as “tariffs charged to the U.S.A. including currency manipulation and trade barriers.”

As global markets fluctuate, particularly with rising tensions in international trade, investors often flock to gold to hedge against potential economic downturns. In this case, ahead of President Trump's tariff announcement,

UPDATE (April 9, 2025): President Trump signed an executive order raising the reciprocal tariff rate on China from 34 percent to 84 percent, bringing the final rate to 104 percent. The additional 50 percent rate was implemented after China did not repeal ...

As Bill Ackman, Elon Musk and others turn on Trump over tariffs, it's worth remembering that this is exactly what Trump promised.

President Trump’s trade policies will make imports more expensive and calculating and paying the tariffs more complicated.

President Trump blinked on Wednesday, pausing most of the tariffs he had sought to put on nations around the world. The one big exception is China, now the focus of an escalating trade war.

The Trump administration has given a variety of reasons and mixed messages for ratcheting up the tariffs charged on goods coming into the United States.

President Trump's aggressive use of tariffs has fueled concerns about the economy and roiled the stock market.