Trump's sudden 100% tariff on Chinese imports, effective Nov 1, severely challenges retailers leaving no time for supply chain adjustments ahead of holidays.

The Wharton finance professor said if the levies are lifted, the market is likely to pass new milestones.

A 100 percentage-point increase in U.S. tariffs on China doesn’t have to happen, said Treasury Secretary Scott Bessent, saying the two sides could step back from an escalation in their trade war through talks in the coming weeks.

Finance chiefs gathering in Washington this week were ready to discuss the global economy's surprising resilience in the face of Donald Trump's tariff assaults - until the U.S.-China trade war erupted again with the U.

Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.

The Chinese Ministry of Commerce said the controls, issued Oct. 9, were part of Beijing's effort to "better safeguard world peace and regional stability."

This was almost the perfect storm coming together,” he warned. Meanwhile, White House budget office said Friday that mass firings of federal workers have started and could to