The U.S. is set to impose new tariff rates on trading partners Friday when the deadline President Donald Trump set for countries to negotiate rates with the U.S. expires—with only nine countries announcing agreements with the Trump administration, far short of its goal of 90 deals in 90 days.

One day before President Trump’s newest tariffs kick in, the White House announced more trade deals. It comes as the Federal Reserve announced interest rates are holding steady.

Trump hit Brazil with 50 percent tariffs. The U.S. imposed 50 percent tariffs on Brazil yesterday, the highest levy President Trump has applied to another country in his current t

Companies, consumers and foreign countries have been paying close attention to President Donald Trump’s aggressive policy of placing tariffs on foreign goods. Soon, the courts will weigh in on whether Trump has the power to levy those tariffs in the first place — a high-stakes legal battle that will either affirm a key pillar of Trump’s economic policy or cut it off at the knees.

As Trump races to finalise trade deals before his August 1 deadline, his use of emergency powers to justify tariffs faces pushback in court. While Trump insists tariffs are vital to US survival and security,

U.S. appeals court judges sharply questioned on Thursday whether President Donald Trump's tariffs were justified by the president's emergency powers, as lawyers for states and businesses challenging the measures argued he exceeded his authority.

U.S. President Donald Trump gave Mexico a 90-day reprieve from higher tariffs to negotiate a broader trade deal but was expected to issue higher final duty rates for most other countries as the clock wound down on his Friday deal deadline.