US President Donald Trump is set to announce a new raft of tariffs against multiple countries as early as tonight, in what he has dubbed a "Liberation Day" to redress supposedly unfair trade imbalances

One might be forgiven for thinking that the turbulence unleashed by Donald Trump’s trade policies during his first term as president of the United States was overhyped—especially since Bangladesh’s export contraction between July 2019 and February 2020,

Colombia's left-leaning President Gustavo Petro did not back down, announcing his own tariffs against US products

Trump responded on his Truth Social platform after the Washington Post cited three sources familiar with the matter as saying that Trump aides were exploring a narrower approach to tariffs

US tariffs weigh on many industries. The American Apparel & Footwear Association (AAFA) estimates retail prices have risen five percent to 10 percent annually since 2020