The higher import taxes are part of his strategy to reduce the U.S. trade deficit and encourage foreign investment in America ...

The post came just hours after tariffs of 10% or more took effect on goods from over 60 countries and the European Union.

The US tariff rate now averages 20.1 per cent, the highest level since the early 1910s -- except for a brief spike earlier this year -- after new duties took effect Thursday, World Trade Organisation ...

Japanese stocks rallied Friday on a mixed day for Asian markets, fueled by relief that Tokyo and Washington had settled a tariff issue that raised concerns about their trade deal. The news compounded ...