Per an Axios breakdown: "The formula is to divide the U.S. trade deficit with each country by that country's exports to the U.S. The final reciprocal tariff was then divided by 2, with a minimum of 10% (which applies even to those countries with which the U.S. has a trade surplus)."

Companies that embraced supply-chain diversification by moving some operations to economies geographically close to China now face an array of bad options.

Were the April special elections a win for Democrats? How will Trump’s “Liberation Day” tariffs affect American consumers? Plus, KCRW discusses the feasibility of a third Trump term.

Chinese state media took to social media to post short movies and songs generated with AI in reaction to Trump's tariffs.

The iPhone maker faced its biggest one-day drop in five years as investors panicked over Donald Trump's heavy tariffs on its supply chain hubs.

Trump has imposed world-spanning tariffs. China has responded in kind and further retaliation across Europe and Asia remains expected

The fallout continues after President Donald Trump's unveiling of severe tariffs against virtually all U.S. trading partners. Thursday was the worst day for U.S. stock markets since June 2020. China struck back on Friday,