The incoming president has floated numerous tariff plans. Retailers say their livelihood could depend on which ultimately come to fruition.

Trump's biggest first-term trade impact was to shatter decades of political consensus favoring ever-lower trade barriers.

President-elect Trump has expressed support for a negotiated solution with Iran on all outstanding issues, while Iranian President Masoud Pezeshkian has stated that Tehran is ready for constructive dialogue with the West about nuclear power and willingness to improve relations with the United States.

Donald Trump is promising to put import taxes back at the center of US economic policy during his second term as US president. The country heavily taxed imports for much of its history before largely abandoning the policy,

Based on what’s known so far about President-Elect Donald Trump’s plan to raise tariffs on all imported goods, it’s likely U.S. shoppers would see prices rise for a wide range of items, including: That’s because tariffs are paid by the domestic companies importing foreign goods and materials,

Canada on Friday (Jan 17) issued a stark warning to the United States, promising that the nation would be hit with a "Trump tariffs tax" if US president-elect Donald Trump follows through on his plan to impose 25 per cent tariffs on Canadian imports.