Prices of clothing and shoes are expected to be particularly impacted by the tariffs, Yale University’s Budget Lab found.

President Trump's move to impose a 50% tariff on U.S. copper imports targets a vital metal that is widely used in many products and industries, which could lead to higher prices for everything from appliances and electronics to cars and home repairs,

President Donald Trump says he will put a 50% tariff on copper imports before noting the value of the versatile metal.

Volatility in Brazilian assets soared as traders rushed to assess the endgame of President Donald Trump’s threat to impose 50% tariffs on all goods from the South American nation. A measure of one-month swings for the real jumped to the highest since April as the currency went from the worst to the best in emerging markets in the span of an hour.

Brazilian President Luiz Inácio Lula da Silva says he will impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50%.