On his so-called "Liberation Day," Trump imposed a wave of import tariffs on dozens of countries. But how do tariffs work? And who gets the money?

"Everything is going to be more expensive," one auto industry analyst said after Trump's tariffs. Rising prices will put pressure on automakers, consumers and dealers.

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.

President Trump’s tariff shock is forcing a reassessment by countries on how to respond and pushing U.S. investors to revise assumptions about profit margins, investments, and inflation.

Musk during a talk with Italian Deputy Prime Minister Matteo Salvini said he'd like to see a "free trade zone" between Europe and the US.

Economists say the tariffs are expected to increase prices for everyday items and many are now raising the likelihood that the economy will fall into a recession.

Alencia Johnson, Political Strategist and Founder of 1063 West Broad joins Katie Phang to discuss the fallout from President Trump's tariffs and her new book that discusses reclaiming Christianity as a tool for justice.

Economist Wojtek Kopczuk asked ChatGPT to calculate tariffs to balance out the U.S. trade deficit. He received a similar answer to the White House’s documentation, showing the AI used “a basic approach” that divided the trade deficit by the total trade. Entrepreneur Amy Hoy ran a similar experiment, yielding identical results from AI models.

The exemption may be short-lived if President Trump makes good on threats to use tariffs as leverage to bring drug production back to the United States.

Spooked by Trump's new tariffs, Nintendo is pausing console pre-orders in the US. However, the June 5 launch remains unchanged.

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,