President Donald Trump imposed tariffs of 20% on the European Union as part of his “Liberation Day” tariff policy.

Speaking to a group of conservative Italian politicians, Elon Musk on Saturday called for a "free trade zone" between Europe and North America.

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The European Union is poised to approve a plan to hit back at President Trump’s steel and aluminum levies. Further measures could come next.

Some Europeans have acknowledged U.S. grievances over trade but wonder whether the Trump administration is serious about finding a middle ground.

Europe has “a strong plan” for striking back at the United States in response to Donald Trump’s tariff hikes “if necessary,” a top official said Tuesday on the eve of a long-anticipated announcement of massive import levies by the US president.

Trump has promised higher rates for his latest and most severe volley of duties, which he calls “reciprocal” tariffs. With so many back-and-forth tariff actions and threats, it can be tough to keep track of where things stand.

Trump’s tariffs of 104% went into effect on Chinese exports to the U.S. BANGKOK (AP) — China has raised tariffs to 84% on goods coming from the U.S. in an additional countermeasure. Last week, China said it would levy 34% tariffs on all U.

U.S. President Donald Trump said on Tuesday the United States is taking in $2 billion per day from tariffs. He made the comment without providing details during an event at the White House. Trump has imposed an array of tariffs on other countries since taking office in January.

How are Trump's latest tariffs affecting the global economy? Find full subtitles and a worksheet for this episode at: We use cookies to give you the best online experience. Strictly necessary cookies are on by default.

European Union member states will on Wednesday vote on whether to impose tariffs on a list of U.S. goods in response to President Donald Trump 's tariffs on the bloc. Trump hit EU imports with a 20 percent tariff on April 2,

What the EU will say in response to Donald Trump’s tariff rampage is still being negotiated. It is far from the hardest-hit victim of the tariffs that America has implemented as of April 9th: the EU ’s rate is now set at 20%,