In the aftermath of steel and aluminum tariffs during Trump's first term, major appliances showed price increases of between 5% and 10% between June 2018 and April 2019, Jason Miller, a professor of supply chain management at Michigan State University, previously told ABC News, citing a monthly government data release.

China has grappled with entrenched deflationary pressure, as a prolonged real estate downturn and job insecurity hamper investments and consumer spending.

US tensions with two key trade partners amped up on Monday after President Trump doubled tariffs on steel and aluminum and the US pushed countries for deals ahead of looming deadlines. China responded to Trump's claim on Friday that it has "totally violated its agreement" with the US,

U.S. tariffs are having some impact but demand for artificial intelligence (AI) remains strong and continues to outpace supply, the chief executive of Taiwanese chipmaker TSMC said on Tuesday.

Looking back at the first Trump administration’s tariff policy might give some insight on where trade policy is or isn’t headed. But don’t expect firm answers.

Ultimately, those who respond with flexibility and foresight—whether businesses or consumers—will be best positioned to handle the pressures of a tariff-driven economy.

China's factory activity in May shrank for the first time in eight months, a private-sector survey showed on Tuesday, indicating U.S. tariffs are now starting to directly hurt the manufacturing superpower.

Fareed Zakaria asks Bill Gates how damaging he thinks Trump’s tariffs are. Hear his response . 01:43 . Now playing

Australia’s central bank expects global trade uncertainty will weigh on the domestic economy and employment, according to a senior official, helping explain policymakers’ surprise switch to a dovish stance last month.

Lumber is in the spotlight as the National Association of Home Builders and the U.S. Lumber Coalition disagree about what’s behind the U.S. housing market experiencing a slump.

President Donald Trump is using his love of tariffs to threaten high-profile American companies. Over the past month, Trump has said he’d like to target two specific and very different companies – Apple and Mattel – with tariffs aimed at their key products over comments by their CEOs.