Hedge fund trader James Litinsky turned a $20 million distressed bonds bet into a billion-dollar mining fortune—with a little help from Uncle Sam and the Chinese.

President Donald Trump’s “reciprocal” tariffs aim to level the playing field in global trade by imposing duties based on where a product is made.

FOX 5's Tom Fitzgerald discusses President Donald Trump's tariffs and their global impacts with former trade advisor Shanker Singham.

Many smaller countries’ exports have faced 10 percent tariffs since the president first announced, then suspended, an initial wave of policies in April. Others have staved off eye-watering rates after brokering deals with the United States that set their tariffs generally between 15 and 20 percent.

When the Killarney Brewing & Distilling Co. expanded in 2022, it boasted of being Ireland’s largest independently owned beer and whiskey producer, replete with visitor center. Last month, it closed down,

Countries are scrambling to respond to President Trump's tariffs, as U.S. businesses and consumers prepare to face higher costs. The Yale Budget Lab estimates households may pay $2,400 more annually.

President Donald Trump on Thursday imposed once unthinkably high U.S. taxes on imports from dozens of countries, part of his campaign to turn one of the world’s most open economies

There was suspense over the fate of the India-US trade negotiations after American President Donald Trump said that there would be no talks till the tariff issue is resolved. "No, not until we get it resolved,

According to a new study from the Yale Budget Lab, the new Trump tariffs combined with existing import taxes will cause consumers to pay an overall effective tariff rate of 18.6 percent, the highest tariff level for U.

US President Donald Trump has ruled out the possibility of trade negotiations with India, until the issue of tariffs is resolved. “No, not until we get it resolved,” Trump said in the Oval Office in response to a question on whether he expects increased trade negotiations with India since he has announced 50 per cent tariffs on the country.