One country missing from President Trump’s new tariff list, despite running a trade surplus with the U.S. of $2.5 billion: Russia. The country was left off of a list of dozens that have much smaller trade imbalances with America,

US President Donald Trump has slapped comprehensive tariffs on 185 countries worldwide, but not on Russia and Belarus. Following Russia's invasion of Ukraine, the US and other countries, particularly those in Europe,

U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.

Set aside the wisdom of the tariffs President Donald Trump has levied on nearly all of America's trading partners and consider instead the mechanism for imposing them. Trump was able to bypass Congress and put in place trade policy that has the potential to upend the nation's economy by invoking his authority under the International Emergency Economic Powers Act of 1977 to declare a national emergency caused by persistent trade deficits.

US President Donald Trump has declared a national economic emergency and implemented a policy of reciprocal tariffs. The US is imposing a baseline tariff of 10% on all countries, with higher tariffs on nations with significant trade deficits.

The president said he would not quickly reverse last week’s steep tariffs, which have sparked pushback and roiled markets.

The effects of President Donald Trump’s tariffs are starting to be felt across the globe, with his blanket 10% tax on imports now in effect. Much steeper tariffs are set to go into place by midweek, after a weekend that saw mass protests across the nation.

The impact of U.S. President Donald Trump’s blast of tariff hikes was reverberating across world markets Monday as America’s trading partners puzzled over whether there is room for negotiating better deals.