Asian markets and U.S. futures tumbled Thursday after U.S. President Donald Trump announced big increases in tariffs on imports of goods from around the world.

After weeks of hype, Trump announced new 10% across-the-board tariffs, giving the nation its biggest tax increase in decades.

The strategy has been great for Big Pharma’s bottom line—and for countries such as Ireland, too. But as President Trump’s trade war picks up steam, that model could start to

New import taxes imposed or potentially in the offing from the Trump administration could raise the average effective tariff rate on goods coming into the U.S. from the current 2.2% to around 17%, while posing "widespread disruptions" focused on manufacturing industries in Midwestern and Southern states,

Republican senators are meeting with President Donald Trump at the White House as they push ahead on his tax breaks and spending cuts

This week on the podcast, host Rebecca Jones asks Bloomberg News government reporter Ben Westcott about the key issues to be debated in the coming weeks, from tax cuts to Donald Trump, and the key things you should know about the battle for the top job.

Former Vice President Mike Pence says Trump's tariff plans are the "largest peacetime tax hike in U.S. history."

President Donald Trump declared on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with