Economists told Newsweek it could take years or decades for Americans to know if Trump's tariffs achieved their goals—if they ever do.

President Donald Trump promised a “boom” multiple times in a matter of seconds Thursday in response to nosediving markets brought on by his new tariffs. That prompted an explosion of snide responses on social media. “Boom might not be the best choice of word,” one person on X wrote.

President Donald Trump’s much vaunted “reciprocal tariffs” aren’t reciprocal and aren’t really about tariffs – they’re about his fixation on trade deficits with other countries. (With apologies to Voltaire.

Britain said it believed a trade deal with the United States was close as it sought to soften the impact of U.S. President Donald Trump's sweeping tariffs which threaten an escalating global trade war that would hurt its open economy.

Trump’s tariffs are an economic emergency. If implemented, the US’s average tariff rate would be higher than under Smoot-Hawley. They would constitute the largest tax increase since the 1968 levies to fund the Vietnam war.

Tariffs are taxes charged on goods imported from other countries. Companies bringing the goods into the country pay the amount, typically a percentage of the goods' value, to the government. Trump has announced a 10% "baseline" tariff on all imports to the US – this is what the UK will face.

World markets were left reeling on Thursday after U.S. President Donald Trump unveiled reciprocal tariffs to match duties put on U.S. goods by other countries.

One Anglesey firm is braced for the tariffs being brought in by Donald Trump Donald Trump's new 10% tariffs on all imports to the United States could spell the end of one Welsh company's sales there but could present opportunities for others,

EU chief Ursula von der Leyen says US tariffs will see "uncertainty spiral" as world leaders react to Trump's announcement.

TikTok's deadline to sell the app's US operations is looming, and the app that is used by one-third of Americans could be banned.

President Donald Trump says he's signing an executive order to keep TikTok running in the U.S. for another 75 days to give his administration more time to broker a deal to bring the social media platf

President Donald Trump on Friday gave TikTok another 75 days to be sold or banned in the United States, one day before the deadline.