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Several small U.S. businesses sued President Donald Trump over his “Liberation Day” tariffs in the latest legal challenge to a cornerstone of his foreign agenda.

President Donald Trump said he is exploring possible exemptions to his tariffs on imported vehicles and parts to give auto companies more time to set up U.S. manufacturing.

Tariff exemptions announced April 11 on electronics like smartphones and laptops are only a temporary reprieve, U.S. Commerce Secretary Howard Lutnick said April 13.

Imports at the busiest U.S. port should start declining as soon as May and are set to fall sharply in the second half of the year as punitive tariffs start to weigh on demand for foreign goods.

Mexico wants a greater proportion of each auto built in the country to qualify for U.S. origin status, a move that would lower the impact of President Donald Trump’s tariff policies.

China announced April 11 that it will raise tariffs on U.S. goods from 84% to 125%, the latest salvo in an escalating trade war between the world’s two largest economies that has rattled markets.

The Lone Star State may be the heart of America’s oil and gas map, but it’s quickly becoming the biggest installer of a technology key for renewables development: battery storage.

U.S. Steel shares dropped after President Donald Trump on consecutive days reiterated his long-held position that he doesn’t want to see the steelmaker owned by a Japanese company.

The U.S. government’s use of tariffs to address what are viewed as unfair trade practices and the overseas drug trade has been a hallmark of President Donald Trump’s second administration.

President Donald Trump’s tariffs on Chinese imports are now at least 145%, far above the level many economists said could decimate U.S.-China trade.