In fact, the economic objectives are internally contradictory. On the one hand, Trump says that the dollar is over-valued, and this has impeded America’s competitive position in global markets. But on the other, the imposition of tariffs tends to worsen this problem because it raises the value of the dollar and thereby the price of US goods.

President Donald Trump ordered a 25% tariff on steel and aluminum imports, escalating his efforts to protect politically important US industries with levies hitting some of the country’s closest allies.

Donald Trump ordered tariffs on Mexican, Canadian, and Chinese imports. Here's a breakdown of what tariffs do, how they can affect your wallet.

The move likely will trigger retaliation and risk igniting a trade war that could cause broad economic disruption for all countries involved.

President Trump announced sweeping tariffs on goods imported from Mexico, Canada and China, triggering a trade war and raising fears about consumer costs.

The president had promised action, though his team had been in negotiations over how to potentially dial back tariffs.

Chinese tariffs on U.S. products including LNG, coal and agricultural equipment were imposed Monday, in response to Trump’s 10 percent blanket levy.

China has struck back at the US with tariffs of its own, targeting billions in goods and potentially dragging the world's two largest economies into a trade war