Most economic analyses say average US families would have to absorb the cost of his tariffs in the form of higher prices and lower incomes.

Trump has repeatedly said he will announce details Wednesday for his plan to slap tariffs on countries around the world.

President Trump, and the economy, face a consequential week, as the president’s promised reciprocal tariffs are slated to go into effect on Wednesday. Trump will announce the details of his so-called “Liberation Day” in the Rose Garden,

Immigration remains a strength for President Donald Trump, but a new AP-NORC poll finds his handling of tariffs is getting more negative feedback

U.S. President Donald Trump said on Sunday that reciprocal tariffs he is set to announce this week will include all nations, not just a smaller group of 10 to 15 countries with the biggest trade imbalances.

Immigration remains a strength for President Donald Trump, but his handling of tariffs is getting more negative feedback, according to a poll from

The US exports less than $300,000 (£231,000) in jam each year to the bloc. It's an imbalance that US company JM Smucker, one of the biggest sellers of such products in the US, blames on a 24%-plus import tax its fruit spreads face in the EU.

Trump says his new tariffs will be “Liberation Day” for America. Economists and market analysts’ views are far more ominous.

Tariffs could push the Personal Consumption Expenditures price index, excluding food and energy, 0.3 percentage point higher by the end of the year, to 3.1%, further from the Fed'