Mr. Trump insists that these actions are his way of standing up for farmers and ranchers. Other nations such as Japan, China and India have charged higher tariffs than the U.S. for importing American farm goods.

Trump has repeatedly called April 2 "Liberation Day." He is expected to enact reciprocal tariffs on major trading partners, especially those that contribute the most to the $1.2 trillion U.S. trade deficit.

President Donald Trump announced 10% reciprocal tariffs on all countries, as well as far higher levies for some trading partners, including China.

The worst sell-off of 2025 (so far) came on April 3, with the Dow Jones Industrial Average dropping 3.98%, the S&P 500 down 4.84%, and the Nasdaq 100 plummeting 5.41% by the market close.

Here's how Trump's latest tariffs could impact mortgage rates and homebuilding costs in a market that's already fraught with affordability woes.

They could not have imagined a president would use emergency authority to bypass Congress and impose tariffs on the entire world.”

Democratic California Gov. Gavin Newsom said Friday he’s seeking direct trade agreements with foreign governments to spare his state from

U.S. stocks plummeted by market close on Friday as President Donald Trump’s sweeping tariffs continue to rattle markets across the

Plans to lower egg prices could be disrupted by tariffs. The Trump administration in March said it would import eggs from other countries to offset price increases in the U.S. Tariffs, though, could result in higher prices,